Law Debenture (LWDB) Reaches New 1-Year High at $608.74
Law Debenture Co. plc (LON:LWDB)’s share price reached a new 52-week high on Thursday . The company traded as high as GBX 608.74 ($7.95) and last traded at GBX 606 ($7.92), with a volume of 53747 shares. The stock had previously closed at GBX 604 ($7.89).
The firm has a market capitalization of $713.31 million and a price-to-earnings ratio of -11.94. The company has a debt-to-equity ratio of 17.05, a current ratio of 8.21 and a quick ratio of 8.21.
The business also recently declared a dividend, which was paid on Thursday, April 18th. Stockholders of record on Thursday, March 14th were issued a GBX 12.90 ($0.17) dividend. This represents a dividend yield of 2.18%. This is a boost from Law Debenture’s previous dividend of $6.00. The ex-dividend date was Thursday, March 14th. Law Debenture’s payout ratio is -0.38%.
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About Law Debenture (LON:LWDB)
The Law Debenture Corporation p.l.c. engages in investment trust and independent fiduciary services businesses. The company operates through two segments, Investment Trust and Independent Fiduciary Services. It operates as an investment trust that invests in various sectors comprising oil and gas, basic materials, industrials, consumer goods, healthcare, consumer services, telecommunications, utilities, technology, and financials.
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