Safestore Holdings Plc (LON:SAFE) Insider Acquires £9,928.68 in Stock

Safestore Holdings Plc (LON:SAFE - Get Free Report) insider Avis Darzins purchased 1,581 shares of the stock in a transaction that occurred on Thursday, January 16th. The stock was bought at an average cost of GBX 628 ($7.64) per share, with a total value of £9,928.68 ($12,080.16).

Safestore Trading Up 4.6 %

Safestore stock traded up GBX 27.50 ($0.33) during mid-day trading on Friday, hitting GBX 624 ($7.59). The stock had a trading volume of 1,141,696 shares, compared to its average volume of 4,614,064. The stock has a 50-day simple moving average of GBX 695.16 and a two-hundred day simple moving average of GBX 792.20. The company has a current ratio of 0.42, a quick ratio of 0.90 and a debt-to-equity ratio of 42.94. The stock has a market capitalization of £1.36 billion, a PE ratio of 515.70, a P/E/G ratio of 2.05 and a beta of 0.86. Safestore Holdings Plc has a 12 month low of GBX 591 ($7.19) and a 12 month high of GBX 930 ($11.32).

Safestore Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Thursday, March 13th will be paid a GBX 20.40 ($0.25) dividend. This represents a dividend 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. Safestore's dividend payout ratio (DPR) is 2,479.34%.

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.