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

Posted by Jeff Wilder on Apr 23rd, 2024

Secure Trust Bank PLC (LON:STB – Get Free Report) announced a dividend on Thursday, March 21st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 25th will be paid a dividend of GBX 16.20 ($0.20) per share on Thursday, May 23rd. This represents a dividend yield of 2.46%. The ex-dividend date is Thursday, April 25th. This is a boost from Secure Trust Bank’s previous dividend of $16.00. The official announcement can be seen at this link.

Secure Trust Bank Stock Performance

Shares of LON STB opened at GBX 697.20 ($8.61) on Tuesday. The firm has a market capitalization of £132.75 million, a P/E ratio of 508.03, a PEG ratio of 0.11 and a beta of 0.77. 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’s fifty day moving average is GBX 691.54 and its two-hundred day moving average is GBX 668.59.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Report on STB

About Secure Trust Bank

(Get Free Report)

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.