Town Centre Securities Plc (TOWN) to Issue Dividend of GBX 2.50 on June 13th

Town Centre Securities Plc (LON:TOWN) declared a dividend on Thursday, March 27th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 22nd will be given a dividend of GBX 2.50 ($0.03) per share on Friday, June 13th. This represents a dividend yield of 1.81%. The ex-dividend date is Thursday, May 22nd. The official announcement can be accessed at this link.

Town Centre Securities Stock Performance

Shares of TOWN opened at GBX 135 ($1.80) on Tuesday. The company has a debt-to-equity ratio of 133.21, a current ratio of 0.78 and a quick ratio of 0.65. Town Centre Securities has a one year low of GBX 113 ($1.51) and a one year high of GBX 165 ($2.20). The firm has a market capitalization of £56.87 million, a P/E ratio of -7.56 and a beta of 1.11. The business has a fifty day moving average of GBX 136.59 and a 200 day moving average of GBX 132.31.

Town Centre Securities (LON:TOWN) last released its quarterly earnings data on Thursday, March 27th. The company reported GBX 4.20 ($0.06) earnings per share for the quarter. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%. As a group, sell-side analysts anticipate that Town Centre Securities will post 6.4926063 EPS for the current year.

Insider Buying and Selling

In other news, insider Ben Ziff sold 29,900 shares of the company’s stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of GBX 134 ($1.79), for a total transaction of £40,066 ($53,514.09). Also, insider Michael Ziff sold 45,000 shares of the stock in a transaction on Monday, March 31st. The shares were sold at an average price of GBX 134 ($1.79), for a total value of £60,300 ($80,539.60). 56.94% of the stock is owned by company insiders.

About Town Centre Securities

Town Centre Securities PLC (the “Company”) is a public limited company domiciled in the United Kingdom. Its shares are listed on the main market of the London Stock Exchange. The address of its registered office is Town Centre House, The Merrion Centre, Leeds LS2 8LY. The principal activities of the group during the period remained those of property investment, development and trading and the provision of car parking.