London City Equities (ASX:LCE) Insider Buys A$257,384.00 in Stock

London City Equities Limited (ASX:LCEGet Free Report) insider David Butel acquired 321,730 shares of the firm’s stock in a transaction dated Thursday, October 16th. The shares were purchased at an average price of A$0.80 per share, with a total value of A$257,384.00.

David Butel also recently made the following trade(s):

  • On Wednesday, September 24th, David Butel acquired 122 shares of London City Equities stock. The shares were purchased at an average price of A$0.80 per share, with a total value of A$96.99.
  • On Thursday, September 25th, David Butel acquired 8,143 shares of London City Equities stock. The shares were purchased at an average price of A$0.80 per share, with a total value of A$6,514.40.

London City Equities Stock Performance

The stock has a market capitalization of $27.23 million, a price-to-earnings ratio of -4,200.95 and a beta of 0.07.

London City Equities Increases Dividend

The company also recently disclosed a Final dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 15th were given a dividend of $0.025 per share. This represents a dividend yield of 329.0%. This is a boost from London City Equities’s previous Final dividend of $0.02. The ex-dividend date was Wednesday, October 1st.

About London City Equities

(Get Free Report)

London City Equities Limited is a publicly owned investment manager. The firm invests in the public equity markets of Australia. London City Equities Limited was founded in 1986 and is based in Sydney, Australia.

See Also

Insider Buying and Selling by Quarter for London City Equities (ASX:LCE)

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