Secure Trust Bank PLC (STB) to Issue Dividend of GBX 22.50 on May 22nd

Secure Trust Bank PLC (LON:STB) declared a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be given 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 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 seen at this link.

Secure Trust Bank Stock Down 0.5 %

Shares of Secure Trust Bank stock opened at GBX 589.12 ($7.88) on Tuesday. The firm’s 50 day moving average price is GBX 515.67 and its 200-day moving average price is GBX 494.02. The company has a market cap of £112.20 million, a P/E ratio of 4.36, a PEG ratio of 0.11 and a beta of 0.87. Secure Trust Bank has a 52-week low of GBX 331 ($4.43) and a 52-week high of GBX 950 ($12.71).

Secure Trust Bank (LON:STB) last announced its quarterly earnings data on Thursday, March 13th. The company reported GBX 103.40 ($1.38) EPS for the quarter. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%. As a group, equities research analysts forecast that Secure Trust Bank will post 214.2857143 EPS for the current fiscal year.

Insider Transactions at Secure Trust Bank

In other news, insider Rachel Lawrence sold 6,167 shares of the business’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 transaction of £32,931.78 ($44,067.68). Company insiders own 14.85% of the company’s stock.

Analyst Upgrades and Downgrades

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

About Secure Trust Bank

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.