Secure Trust Bank PLC (LON:STB) Declares Dividend Increase – GBX 22.50 Per Share

Secure Trust Bank PLC (LON:STBGet Free Report) announced a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be paid a dividend of GBX 22.50 ($0.30) per share on Thursday, May 22nd. This represents a yield of 3.92%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 99.1% increase from Secure Trust Bank’s previous dividend of $11.30. The official announcement can be accessed at this link.

Secure Trust Bank Stock Performance

Secure Trust Bank stock opened at GBX 592 ($7.92) on Tuesday. The company has a 50 day moving average price of GBX 515.67 and a 200-day moving average price of GBX 494.02. Secure Trust Bank has a fifty-two week low of GBX 331 ($4.43) and a fifty-two week high of GBX 950 ($12.71). The company has a market capitalization of £112.74 million, a PE ratio of 4.38, a P/E/G ratio of 0.11 and a beta of 0.87.

Secure Trust Bank (LON:STBGet Free Report) last issued its earnings results on Thursday, March 13th. The company reported GBX 103.40 ($1.38) earnings per share (EPS) for the quarter. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%. On average, analysts forecast that Secure Trust Bank will post 214.2857143 earnings per share for the current year.

Insider Transactions at Secure Trust Bank

In other news, insider Rachel Lawrence sold 6,167 shares of the firm’s stock in a transaction on Monday, April 7th. The shares were sold at an average price of GBX 534 ($7.15), for a total value of £32,931.78 ($44,067.68). Corporate insiders own 14.85% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Secure Trust Bank in a report on Thursday, March 13th.

View Our Latest Stock Report on STB

Secure Trust Bank Company Profile

(Get Free Report)

Secure Trust Bank is an established, well?funded and capitalised UK retail bank with over 70?years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and has 920 employees (full?time equivalent) as at August 2024. The Group’s diversified lending portfolio currently focuses on two sectors:

(i) Business finance through its Real Estate Finance and Commercial Finance divisions, and
(ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.

Further Reading

Dividend History for Secure Trust Bank (LON:STB)

Receive News & Ratings for Secure Trust Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Trust Bank and related companies with MarketBeat.com's FREE daily email newsletter.