Town Centre Securities Plc (TOWN) to Issue Dividend of GBX 2.50 on June 13th

Town Centre Securities Plc (LON:TOWN) declared a dividend on Thursday, March 27th, DividendData.Co.Uk reports. Investors of record on Thursday, May 22nd will be paid a dividend of GBX 2.50 ($0.03) per share on Friday, June 13th. This represents a yield of 1.81%. The ex-dividend date is Thursday, May 22nd. The official announcement can be seen at this link.

Town Centre Securities Price Performance

LON:TOWN opened at GBX 135 ($1.80) on Tuesday. The stock has a market capitalization of £56.87 million, a PE ratio of -7.56 and a beta of 1.11. Town Centre Securities has a 1-year low of GBX 113 ($1.51) and a 1-year high of GBX 165 ($2.20). The firm has a fifty day simple moving average of GBX 136.59 and a 200 day simple moving average of GBX 132.31. The company has a current ratio of 0.78, a quick ratio of 0.65 and a debt-to-equity ratio of 133.21.

Town Centre Securities (LON:TOWN) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX 4.20 ($0.06) EPS for the quarter. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%. On average, research analysts expect that Town Centre Securities will post 6.4926063 EPS for the current fiscal year.

Insider Buying and Selling at Town Centre Securities

In other news, insider Ben Ziff sold 29,900 shares of the firm’s stock in a transaction that occurred on Tuesday, April 22nd. The shares were sold at an average price of GBX 134 ($1.79), for a total transaction of £40,066 ($53,514.09). Also, insider Michael Ziff sold 45,000 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of GBX 134 ($1.79), for a total value of £60,300 ($80,539.60). Insiders own 56.94% of the company’s stock.

About Town Centre Securities

Town Centre Securities PLC (the “Company”) is a public limited company domiciled in the United Kingdom. Its shares are listed on the main market of the London Stock Exchange. The address of its registered office is Town Centre House, The Merrion Centre, Leeds LS2 8LY. The principal activities of the group during the period remained those of property investment, development and trading and the provision of car parking.