Secure Trust Bank PLC (LON:STB) Insider Rachel Lawrence Sells 5,848 Shares of Stock

Secure Trust Bank PLC (LON:STB) insider Rachel Lawrence sold 5,848 shares of the firm’s stock in a transaction dated Thursday, April 25th. The stock was sold at an average price of GBX 695 ($8.73), for a total value of £40,643.60 ($51,053.39).

Secure Trust Bank Trading Up 1.5 %

STB opened at GBX 696 ($8.74) on Tuesday. The firm’s 50 day simple moving average is GBX 688.52 and its two-hundred day simple moving average is GBX 671.24. The company has a market capitalization of £132.52 million, a PE ratio of 508.03, a PEG ratio of 0.11 and a beta of 0.77. Secure Trust Bank PLC has a 1-year low of GBX 550 ($6.91) and a 1-year 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. Investors of record on Thursday, April 25th will be issued a GBX 16.20 ($0.20) dividend. This is a boost from Secure Trust Bank’s previous dividend of $16.00. This represents a yield of 2.46%. The ex-dividend date is Thursday, April 25th. Secure Trust Bank’s dividend payout ratio (DPR) is currently 2,335.77%.

Wall Street Analyst Weigh In

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