Law Debenture Co. (LON:LWDB) Insider Denis Jackson Sells 6,973 Shares of Stock

Law Debenture Co. (LON:LWDB) insider Denis Jackson sold 6,973 shares of the stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of GBX 783 ($9.75), for a total value of £54,598.59 ($67,967.87).

Law Debenture Stock Performance

LON:LWDB opened at GBX 804 ($10.01) on Wednesday. The firm has a market cap of £1.05 billion, a PE ratio of 2,977.78 and a beta of 0.91. Law Debenture Co. has a fifty-two week low of GBX 718.04 ($8.94) and a fifty-two week high of GBX 829 ($10.32). The company has a debt-to-equity ratio of 20.91, a quick ratio of 3.21 and a current ratio of 2.04. The business has a 50 day moving average price of GBX 785.24 and a 200-day moving average price of GBX 781.49.

Law Debenture Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 7th were paid a dividend of GBX 9.13 ($0.11) per share. This represents a dividend yield of 1.17%. The ex-dividend date was Thursday, March 7th. This is a positive change from Law Debenture’s previous dividend of $7.63. Law Debenture’s dividend payout ratio is 11,851.85%.

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.