Safestore Holdings Plc (LON:SAFE) Declares Dividend of GBX 20.40

Safestore Holdings Plc (LON:SAFE) announced a dividend on Thursday, January 16th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 13th will be paid a dividend of GBX 20.40 ($0.25) per share on Tuesday, April 15th. This represents a yield of 3.42%. The ex-dividend date of this dividend is Thursday, March 13th. This is a positive change from Safestore’s previous dividend of $10.00. The official announcement can be accessed at this link.

Safestore Stock Performance

LON:SAFE opened at GBX 600 ($7.34) on Friday. The company has a market cap of £1.31 billion, a price-to-earnings ratio of 495.87, a PEG ratio of 2.05 and a beta of 0.86. Safestore has a fifty-two week low of GBX 591 ($7.23) and a fifty-two week high of GBX 930 ($11.38). The company has a debt-to-equity ratio of 42.94, a quick ratio of 0.90 and a current ratio of 0.42. The stock has a fifty day moving average price of GBX 698.67 and a 200-day moving average price of GBX 793.37.

Insider Buying and Selling

In other news, insider Avis Darzins bought 1,581 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was bought at an average cost of GBX 628 ($7.68) per share, for a total transaction of £9,928.68 ($12,148.15). 2.77% of the stock is currently owned by company insiders.

Safestore Company Profile

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.