The Bankers Investment Trust (LON:BNKR) Sets New 12-Month High – Here’s Why

The Bankers Investment Trust PLC (LON:BNKR) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 122.40 ($1.51) and last traded at GBX 121.80 ($1.50), with a volume of 5693967 shares changing hands. The stock had previously closed at GBX 121.80 ($1.50).

The Bankers Investment Trust Stock Down 0.1 %

The firm has a 50 day moving average price of GBX 116.14 and a 200-day moving average price of GBX 113.98. The company has a current ratio of 5.41, a quick ratio of 8.27 and a debt-to-equity ratio of 8.54. The firm has a market cap of £1.40 billion, a PE ratio of 2,434.04 and a beta of 0.60.

The Bankers Investment Trust Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Stockholders of record on Thursday, January 23rd will be paid a GBX 0.67 ($0.01) dividend. This represents a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, January 23rd. The Bankers Investment Trust’s payout ratio is presently 6,000.00%.

Insider Activity

In other The Bankers Investment Trust news, insider Richard West bought 284 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were acquired at an average price of GBX 116 ($1.43) per share, with a total value of £329.44 ($406.21). Company insiders own 3.24% of the company’s stock.

The Bankers Investment Trust Company Profile

Over the long term, the Company aims to achieve capital growth in excess of the FTSE World Index and dividend growth greater than inflation, as measured by the UK Consumer Price Index (‘CPI’), by investing in companies listed throughout the world.