Secure Trust Bank PLC (LON:STB) Increases Dividend to GBX 16.20 Per Share

Secure Trust Bank PLC (LON:STB) declared a dividend on Thursday, March 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be given a dividend of GBX 16.20 ($0.20) per share on Thursday, May 23rd. This represents a yield of 2.46%. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from Secure Trust Bank’s previous dividend of $16.00. The official announcement can be accessed at this link.

Secure Trust Bank Stock Performance

LON STB opened at GBX 701.11 ($8.66) on Wednesday. The business has a fifty day moving average price of GBX 690.90 and a 200 day moving average price of GBX 669.12. Secure Trust Bank has a one year low of GBX 550 ($6.79) and a one year high of GBX 750 ($9.26). The company has a market cap of £133.49 million, a P/E ratio of 512.41, a P/E/G ratio of 0.11 and a beta of 0.77.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Secure Trust Bank in a research note on Thursday, March 21st.

About Secure Trust Bank

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.