Shaftesbury Capital PLC (LON:SHC) Insider Madeleine Cosgrave Buys 40,000 Shares

Shaftesbury Capital PLC (LON:SHC) insider Madeleine Cosgrave purchased 40,000 shares of the firm’s stock in a transaction on Friday, March 28th. The stock was bought at an average price of GBX 127 ($1.64) per share, with a total value of £50,800 ($65,683.99).

Shaftesbury Capital Stock Up 0.9 %

Shares of LON SHC traded up GBX 1.10 ($0.01) during trading on Monday, reaching GBX 125.90 ($1.63). 1,859,142 shares of the stock were exchanged, compared to its average volume of 8,331,794. The company has a market capitalization of £2.44 billion, a price-to-earnings ratio of 61.25 and a beta of 1.15. The business’s 50-day moving average price is GBX 121.79 and its 200 day moving average price is GBX 130.88. Shaftesbury Capital PLC has a twelve month low of GBX 113 ($1.46) and a twelve month high of GBX 156.30 ($2.02).

Shaftesbury Capital (LON:SHC) last posted its quarterly earnings data on Thursday, February 27th. The company reported GBX 4 ($0.05) earnings per share for the quarter. Shaftesbury Capital had a net margin of 16.37% and a return on equity of 1.07%. As a group, sell-side analysts expect that Shaftesbury Capital PLC will post 5.0712105 earnings per share for the current fiscal year.

Shaftesbury Capital Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, April 24th will be given a GBX 1.80 ($0.02) dividend. This represents a dividend yield of 1.54%. This is a positive change from Shaftesbury Capital’s previous dividend of $1.70. The ex-dividend date of this dividend is Thursday, April 24th. Shaftesbury Capital’s dividend payout ratio is presently 145.94%.

Shaftesbury Capital Company Profile

Shaftesbury Capital PLC (“Shaftesbury Capital”) is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index.

Our property portfolio, valued at £4.8 billion, extends to 2.7 million square feet of lettable space across the most vibrant areas of London’s West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.