Law Debenture Co. (LON:LWDB – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 894.97 ($11.19) and traded as high as GBX 909 ($11.36). Law Debenture shares last traded at GBX 904 ($11.30), with a volume of 168,347 shares.
Law Debenture Stock Up 1.2 %
The company has a market cap of £1.20 billion, a price-to-earnings ratio of 847.22 and a beta of 0.93. The company has a current ratio of 3.01, a quick ratio of 3.21 and a debt-to-equity ratio of 18.53. The business has a fifty day moving average of GBX 894.97 and a two-hundred day moving average of GBX 889.64.
Law Debenture Dividend Announcement
The company also recently disclosed a dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, December 19th were paid a dividend of GBX 8 ($0.10) per share. The ex-dividend date was Thursday, December 19th. This represents a yield of 0.88%. Law Debenture’s dividend payout ratio (DPR) is currently 2,962.96%.
About Law Debenture
LawDeb is a rare proposition; an investment trust with an independent professional services business. Our goal is to achieve long term capital growth in real terms and steadily increasing income.
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