Law Debenture Co. (LWDB) to Issue Dividend of GBX 8 on October 24th

Law Debenture Co. (LON:LWDB) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of GBX 8 ($0.11) per share by the investment trust on Thursday, October 24th. This represents a yield of 0.89%. The ex-dividend date is Thursday, September 26th. The official announcement can be viewed at this link.

Law Debenture Stock Up 0.8 %

Shares of LWDB opened at GBX 900.83 ($11.90) on Thursday. The firm has a fifty day moving average price of GBX 890.90 and a 200-day moving average price of GBX 853.22. The company has a current ratio of 3.01, a quick ratio of 3.21 and a debt-to-equity ratio of 18.53. The firm has a market capitalization of £1.18 billion, a P/E ratio of 834.26 and a beta of 0.93. Law Debenture has a 12-month low of GBX 718.04 ($9.49) and a 12-month high of GBX 929 ($12.27).

Insider Buying and Selling at Law Debenture

In other news, insider Pars Purewal purchased 16,671 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was purchased at an average price of GBX 895 ($11.82) per share, for a total transaction of £149,205.45 ($197,100.99). 6.32% of the stock is owned by corporate insiders.

About Law Debenture

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services to companies, agencies, organizations, and individuals in the United Kingdom and internationally. The company operates through two segments, Investment Portfolio and Independent Professional Services.