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

Posted by Editorial Team on May 9th, 2024

Secure Trust Bank PLC (LON:STB – Get Free Report) insider David McCreadie acquired 2,880 shares of the stock in a transaction on Friday, May 3rd. The shares were bought at an average price of GBX 694 ($8.72) per share, for a total transaction of £19,987.20 ($25,109.55).

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

On Tuesday, May 7th, David McCreadie bought 2,882 shares of Secure Trust Bank stock. The shares were bought at an average cost of GBX 690 ($8.67) per share, for a total transaction of £19,885.80 ($24,982.16).

Secure Trust Bank Trading Down 1.7 %

Shares of LON:STB opened at GBX 676 ($8.49) on Thursday. The stock has a market capitalization of £128.85 million, a PE ratio of 496.35, a PEG ratio of 0.11 and a beta of 0.77. The firm has a 50 day moving average of GBX 684.80 and a 200-day moving average of GBX 673.93. Secure Trust Bank PLC has a 12 month low of GBX 550 ($6.91) and a 12 month high of GBX 750 ($9.42).

Secure Trust Bank Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, April 25th will be issued a GBX 16.20 ($0.20) dividend. This represents a dividend yield of 2.46%. The ex-dividend date of this dividend is Thursday, April 25th. This is an increase from Secure Trust Bank’s previous dividend of $16.00. Secure Trust Bank’s dividend payout ratio (DPR) is currently 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 note on Thursday, March 21st.

Check Out Our Latest Research Report on STB

About Secure Trust Bank

(Get Free Report)

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.