Pars Purewal Acquires 343 Shares of Law Debenture Co. (LON:LWDB) Stock

Law Debenture Co. (LON:LWDB) insider Pars Purewal acquired 343 shares of the firm’s stock in a transaction that occurred on Tuesday, April 22nd. The stock was purchased at an average price of GBX 870 ($11.55) per share, with a total value of £2,984.10 ($3,960.32).

Law Debenture Stock Up 1.3 %

Law Debenture stock opened at GBX 883 ($11.72) on Thursday. Law Debenture Co. has a 12 month low of GBX 737.17 ($9.78) and a 12 month high of GBX 929 ($12.33). The stock has a fifty day simple moving average of GBX 881.46 and a two-hundred day simple moving average of GBX 887.51. 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 cap of £1.17 billion, a price-to-earnings ratio of 8.22 and a beta of 0.93.

Law Debenture (LON:LWDB) last released its quarterly earnings data on Wednesday, March 12th. The investment trust reported GBX 33.48 ($0.44) EPS for the quarter. Law Debenture had a return on equity of 15.91% and a net margin of 69.85%.

Law Debenture Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 16th. Stockholders of record on Thursday, March 20th were issued a dividend of GBX 9.50 ($0.13) per share. This represents a dividend yield of 1.04%. This is a boost from Law Debenture’s previous dividend of $8.00. The ex-dividend date was Thursday, March 20th. Law Debenture’s payout ratio is presently 29.78%.

Law Debenture Company Profile

LawDeb is a rare proposition; an investment trust with an independent professional services business. Our goal is to achieve long term capital growth in real terms and steadily increasing income.