Law Debenture Co. (LON:LWDB - Get Free Report)'s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 903.42 ($11.69) and traded as high as GBX 905 ($11.71). Law Debenture shares last traded at GBX 898 ($11.62), with a volume of 299,885 shares trading hands.
Law Debenture Price Performance
The firm has a market capitalization of £1.18 billion, a price-to-earnings ratio of 8.28 and a beta of 0.93. The company has a debt-to-equity ratio of 18.53, a current ratio of 3.01 and a quick ratio of 3.21. The stock's 50 day moving average price is GBX 903.10 and its two-hundred day moving average price is GBX 892.70.
Law Debenture (LON:LWDB - Get Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The investment trust reported GBX 33.48 ($0.43) earnings per share (EPS) for the quarter. Law Debenture had a return on equity of 15.91% and a net margin of 69.85%.
Law Debenture Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, April 16th. Stockholders of record on Thursday, March 20th will be given a GBX 9.50 ($0.12) dividend. This represents a dividend yield of 1.04%. This is a boost from Law Debenture's previous dividend of $8.00. The ex-dividend date is Thursday, March 20th. Law Debenture's dividend payout ratio is currently 29.78%.
Law Debenture Company Profile
(
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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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