Whitbread plc (WTB) Insider Sells £100,047.54 in Stock
Whitbread plc (LON:WTB) insider Nicholas Cadbury sold 2,166 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of GBX 4,619 ($60.36), for a total transaction of £100,047.54 ($130,729.83).
WTB opened at GBX 4,630 ($60.50) on Monday. The company has a debt-to-equity ratio of 13.31, a current ratio of 5.90 and a quick ratio of 5.85. Whitbread plc has a 52 week low of GBX 3,870 ($50.57) and a 52 week high of GBX 5,162 ($67.45). The firm has a market cap of $8.03 billion and a price-to-earnings ratio of 2.28.
The firm also recently announced a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, May 30th will be issued a dividend of GBX 67 ($0.88) per share. This represents a yield of 1.5%. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from Whitbread’s previous dividend of $32.70. Whitbread’s payout ratio is currently 0.05%.
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Whitbread Company Profile
Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.
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