David McCreadie Acquires 2,882 Shares of Secure Trust Bank PLC (LON:STB) Stock

Secure Trust Bank PLC (LON:STB) insider David McCreadie purchased 2,882 shares of Secure Trust Bank stock in a transaction dated Tuesday, May 7th. The stock was acquired at an average price of GBX 690 ($8.67) per share, with a total value of £19,885.80 ($24,982.16).

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

• On Friday, May 3rd, David McCreadie acquired 2,880 shares of Secure Trust Bank stock. The stock was purchased at an average cost of GBX 694 ($8.72) per share, for a total transaction of £19,987.20 ($25,109.55).

Secure Trust Bank Stock Down 1.7 %

Shares of Secure Trust Bank stock opened at GBX 676 ($8.49) on Thursday. The firm’s 50 day moving average price is GBX 684.80 and its 200-day moving average price is GBX 673.93. Secure Trust Bank PLC has a 52-week low of GBX 550 ($6.91) and a 52-week high of GBX 750 ($9.42). The company has a market cap of £128.85 million, a P/E ratio of 496.35, a PEG ratio of 0.11 and a beta of 0.77.

Secure Trust Bank Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Thursday, April 25th will be given a GBX 16.20 ($0.20) dividend. The ex-dividend date of this dividend is Thursday, April 25th. This represents a dividend yield of 2.46%. This is an increase from Secure Trust Bank’s previous dividend of $16.00. Secure Trust Bank’s payout ratio is presently 2,335.77%.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Secure Trust Bank in a research 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.