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%.

In other Law Debenture news, insider Denis Jackson bought 906 shares of the company’s stock in a transaction that occurred on Monday, April 8th. The stock was purchased at an average cost of GBX 596 ($7.79) per share, for a total transaction of £5,399.76 ($7,055.74).

COPYRIGHT VIOLATION WARNING: This story was first reported by Watch List News and is the property of of Watch List News. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this story can be viewed at https://www.watchlistnews.com/law-debenture-lwdb-reaches-new-1-year-high-at-608-74/3015107.html.

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.

See Also: Buyback For Investors Defined

Receive News & Ratings for Law Debenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Law Debenture and related companies with MarketBeat.com's FREE daily email newsletter.