Secure Trust Bank PLC (LON:STB) Plans Dividend of GBX 11.30

Secure Trust Bank PLC (LON:STB) declared a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 29th will be given a dividend of GBX 11.30 ($0.15) per share on Thursday, September 26th. This represents a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, August 29th. The official announcement can be viewed at this link.

Secure Trust Bank Trading Up 1.4 %

Shares of LON:STB traded up GBX 12.51 ($0.16) during mid-day trading on Wednesday, reaching GBX 892.51 ($11.77). The company had a trading volume of 30,823 shares, compared to its average volume of 38,520. The firm has a market cap of £170.20 million, a price-to-earnings ratio of 653.96, a PEG ratio of 0.11 and a beta of 0.86. The company’s 50-day moving average price is GBX 819.66 and its 200-day moving average price is GBX 759.69. Secure Trust Bank has a one year low of GBX 572 ($7.54) and a one year high of GBX 950 ($12.53).

Insider Activity at Secure Trust Bank

In other Secure Trust Bank news, insider Jim Brown acquired 12,600 shares of Secure Trust Bank stock in a transaction that occurred on Tuesday, August 20th. The stock was acquired at an average cost of GBX 860 ($11.34) per share, for a total transaction of £108,360 ($142,898.59). In related news, insider Jim Brown bought 12,600 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was bought at an average cost of GBX 860 ($11.34) per share, for a total transaction of £108,360 ($142,898.59). Also, insider David McCreadie bought 5,930 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was bought at an average price of GBX 843 ($11.12) per share, with a total value of £49,989.90 ($65,923.64). 14.90% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Shore Capital reaffirmed a “house stock” rating on shares of Secure Trust Bank in a report on Wednesday, August 14th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,420 ($18.73) price objective on shares of Secure Trust Bank in a research note on Wednesday, August 14th.

About Secure Trust Bank

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.