City of London (LON:CTY – Get Free Report) insider Sally Lake acquired 9,200 shares of the company’s stock in a transaction that occurred on Tuesday, April 8th. The shares were bought at an average cost of GBX 431 ($5.59) per share, for a total transaction of £39,652 ($51,469.37).
City of London Stock Up 3.1 %
CTY stock opened at GBX 433 ($5.62) on Friday. The stock has a 50-day simple moving average of GBX 442.37 and a two-hundred day simple moving average of GBX 434.88. City of London has a twelve month low of GBX 382.27 ($4.96) and a twelve month high of GBX 458.50 ($5.95). The firm has a market capitalization of £2.14 billion, a PE ratio of 7.29 and a beta of 0.66. The company has a quick ratio of 0.50, a current ratio of 7.10 and a debt-to-equity ratio of 7.40.
City of London Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Sunday, June 1st. Investors of record on Sunday, May 25th will be paid a dividend of GBX 5.40 ($0.07) per share. The ex-dividend date is Sunday, May 25th. This represents a yield of 1.21%. City of London’s dividend payout ratio is currently 35.35%.
City of London Company Profile
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