Secure Trust Bank PLC (LON:STB) Insider David McCreadie Purchases 2,880 Shares of Stock

Secure Trust Bank PLC (LON:STB) insider David McCreadie purchased 2,880 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was acquired at an average price of GBX 694 ($8.72) per share, with a total value of £19,987.20 ($25,109.55).

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

• On Tuesday, May 7th, David McCreadie acquired 2,882 shares of Secure Trust Bank stock. The shares were purchased at an average price of GBX 690 ($8.67) per share, with a total value of £19,885.80 ($24,982.16).

Secure Trust Bank Stock Up 2.7 %

STB opened at GBX 688 ($8.64) on Wednesday. The stock has a market capitalization of £131.13 million, a price-to-earnings ratio of 502.19, a PEG ratio of 0.11 and a beta of 0.77. The firm has a 50 day moving average price of GBX 684.80 and a 200-day moving average price of GBX 673.93. Secure Trust Bank PLC has a twelve month low of GBX 550 ($6.91) and a twelve month high of GBX 750 ($9.42).

Secure Trust Bank Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, April 25th will be paid a dividend of GBX 16.20 ($0.20) per share. The ex-dividend date is Thursday, April 25th. This is a positive change from Secure Trust Bank’s previous dividend of $16.00. This represents a yield of 2.46%. Secure Trust Bank’s payout ratio is currently 2,335.77%.

Analyst Ratings Changes

Separately, Shore Capital reissued a “house stock” rating on shares of Secure Trust Bank in a report on Thursday, March 21st.

Secure Trust Bank Company Profile

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.