Howard Williams Acquires 10,000 Shares of Strategic Equity Capital (LON:SEC) Stock

Strategic Equity Capital (LON:SEC) insider Howard Williams purchased 10,000 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was bought at an average cost of GBX 321 ($4.19) per share, with a total value of £32,100 ($41,916.95).

Strategic Equity Capital Trading Up 1.9 %

Shares of SEC stock opened at GBX 328.50 ($4.29) on Friday. The stock has a market cap of £156.43 million, a price-to-earnings ratio of 628.39 and a beta of 0.73. The stock has a 50-day moving average of GBX 353.04 and a 200-day moving average of GBX 354.42. Strategic Equity Capital has a 1-year low of GBX 290 ($3.79) and a 1-year high of GBX 379 ($4.95).

Strategic Equity Capital Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Thursday, October 10th will be paid a GBX 3.50 ($0.05) dividend. This is a boost from Strategic Equity Capital’s previous dividend of $2.50. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 1%. Strategic Equity Capital’s dividend payout ratio is presently 576.92%.

Strategic Equity Capital Company Profile

Strategic Equity Capital plc is a closed-ended equity mutual fund launched and managed by GVO Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than GBP 150 million.