Secure Trust Bank PLC (LON:STB) Raises Dividend to GBX 22.50 Per Share

Secure Trust Bank PLC (LON:STBGet Free Report) announced a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be given a dividend of GBX 22.50 ($0.30) per share on Thursday, May 22nd. This represents a yield of 3.92%. The ex-dividend date is Thursday, April 24th. This is a 99.1% increase from Secure Trust Bank’s previous dividend of $11.30. The official announcement can be seen at this link.

Secure Trust Bank Price Performance

Shares of LON STB opened at GBX 590 ($7.90) on Tuesday. The stock has a market capitalization of £112.36 million, a P/E ratio of 4.36, a PEG ratio of 0.11 and a beta of 0.87. Secure Trust Bank has a one year low of GBX 331 ($4.43) and a one year high of GBX 950 ($12.71). The firm’s 50 day simple moving average is GBX 515.67 and its two-hundred day simple moving average is GBX 494.02.

Secure Trust Bank (LON:STBGet Free Report) last issued its earnings results on Thursday, March 13th. The company reported GBX 103.40 ($1.38) EPS for the quarter. Secure Trust Bank had a net margin of 7.20% and a return on equity of 7.43%. As a group, equities analysts expect that Secure Trust Bank will post 214.2857143 earnings per share for the current fiscal year.

Insider Transactions at Secure Trust Bank

In related news, insider Rachel Lawrence sold 6,167 shares of the firm’s stock in a transaction on Monday, April 7th. The stock was sold at an average price of GBX 534 ($7.15), for a total value of £32,931.78 ($44,067.68). 14.85% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Secure Trust Bank in a research report on Thursday, March 13th.

Read Our Latest Stock Report on STB

Secure Trust Bank Company Profile

(Get Free Report)

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and has 920 employees (full‐time equivalent) as at August 2024. The Group’s diversified lending portfolio currently focuses on two sectors:

(i) Business finance through its Real Estate Finance and Commercial Finance divisions, and
(ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.

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Dividend History for Secure Trust Bank (LON:STB)

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