Madeleine Cosgrave Buys 40,000 Shares of Shaftesbury Capital PLC (LON:SHC) Stock

Shaftesbury Capital PLC (LON:SHC) insider Madeleine Cosgrave acquired 40,000 shares of the stock in a transaction on Friday, March 28th. The stock was bought at an average cost of GBX 127 ($1.64) per share, with a total value of £50,800 ($65,675.50).

Shaftesbury Capital Stock Performance

Shares of LON:SHC opened at GBX 125.30 ($1.62) on Wednesday. The firm’s 50 day simple moving average is GBX 121.88 and its 200-day simple moving average is GBX 130.52. Shaftesbury Capital PLC has a one year low of GBX 113 ($1.46) and a one year high of GBX 156.30 ($2.02). The firm has a market cap of £2.43 billion, a PE ratio of 60.95 and a beta of 1.15.

Shaftesbury Capital (LON:SHC) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 4 ($0.05) EPS for the quarter. Shaftesbury Capital had a return on equity of 1.07% and a net margin of 16.37%. Equities research analysts predict that Shaftesbury Capital PLC will post 5.0712105 EPS for the current fiscal year.

Shaftesbury Capital Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, April 24th will be issued a GBX 1.80 ($0.02) dividend. This is an increase from Shaftesbury Capital’s previous dividend of $1.70. This represents a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, April 24th. Shaftesbury Capital’s payout ratio is presently 145.94%.

Shaftesbury Capital Company Profile

Shaftesbury Capital PLC (“Shaftesbury Capital”) is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index.

Our property portfolio, valued at £4.8 billion, extends to 2.7 million square feet of lettable space across the most vibrant areas of London’s West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.