Law Debenture (LON:LWDB) Hits New 1-Year Low – What’s Next?

Law Debenture Co. (LON:LWDB) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 740 ($9.46) and last traded at GBX 746.06 ($9.53), with a volume of 86331 shares changing hands. The stock had previously closed at GBX 816 ($10.43).

Law Debenture Trading Down 1.4 %

The company has a current ratio of 3.01, a quick ratio of 3.21 and a debt-to-equity ratio of 18.53. The firm has a market capitalization of £1.07 billion, a price-to-earnings ratio of 7.52 and a beta of 0.93. The firm’s 50-day moving average is GBX 894.46 and its 200 day moving average is GBX 890.39.

Law Debenture (LON:LWDB) last issued its quarterly earnings results on Wednesday, March 12th. The investment trust reported GBX 33.48 ($0.43) EPS for the quarter. Law Debenture had a net margin of 69.85% and a return on equity of 15.91%.

Law Debenture Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Thursday, March 20th will be given a GBX 9.50 ($0.12) dividend. This represents a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, March 20th. This is a positive change from Law Debenture’s previous dividend of $8.00. Law Debenture’s payout ratio is 29.78%.

About Law Debenture

LawDeb is a rare proposition; an investment trust with an independent professional services business. Our goal is to achieve long term capital growth in real terms and steadily increasing income.