Secure Trust Bank PLC (LON:STB) Insider Buys £19,885.80 in Stock

Posted by Tyrone Williams on May 9th, 2024

Secure Trust Bank PLC (LON:STB – Get Free Report) insider David McCreadie purchased 2,882 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The stock was acquired at an average price of GBX 690 ($8.67) per share, for a total transaction of £19,885.80 ($24,982.16).

David McCreadie also recently made the following trade(s):

On Friday, May 3rd, David McCreadie acquired 2,880 shares of Secure Trust Bank stock. The stock was acquired at an average cost of GBX 694 ($8.72) per share, with a total value of £19,987.20 ($25,109.55).

Secure Trust Bank Price Performance

Shares of STB opened at GBX 700 ($8.79) on Friday. Secure Trust Bank PLC has a 12 month low of GBX 550 ($6.91) and a 12 month high of GBX 750 ($9.42). The stock has a market cap of £133.42 million, a PE ratio of 510.95, a P/E/G ratio of 0.11 and a beta of 0.77. The stock’s 50-day moving average is GBX 683.96 and its two-hundred day moving average is GBX 674.16.

Secure Trust Bank Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, April 25th will be issued a GBX 16.20 ($0.20) dividend. This represents a 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. Secure Trust Bank’s dividend payout ratio is currently 2,335.77%.

Wall Street Analyst Weigh In

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

Get Our Latest Research 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.