STS Global Income & Growth Trust (LON:STS) Raises Dividend to GBX 1.59 Per Share

STS Global Income & Growth Trust (LON:STS) announced a dividend on Wednesday, September 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be given a dividend of GBX 1.59 ($0.02) per share on Friday, October 25th. This represents a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 3rd. This is a boost from STS Global Income & Growth Trust’s previous dividend of $1.53. The official announcement can be seen at this link.

STS Global Income & Growth Trust Trading Down 0.0 %

STS opened at GBX 227.90 ($3.05) on Wednesday. STS Global Income & Growth Trust has a 52 week low of GBX 207 ($2.77) and a 52 week high of GBX 233 ($3.12). The company has a quick ratio of 0.40, a current ratio of 0.87 and a debt-to-equity ratio of 4.92. The business has a fifty day simple moving average of GBX 224.92 and a 200-day simple moving average of GBX 219.92. The firm has a market cap of £296.22 million, a P/E ratio of 2,071.82 and a beta of 0.43.

Insiders Place Their Bets

In other STS Global Income & Growth Trust news, insider Gillian Elcock acquired 4,390 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was purchased at an average price of GBX 228 ($3.05) per share, for a total transaction of £10,009.20 ($13,388.44). Insiders own 26.36% of the company’s stock.

About STS Global Income & Growth Trust

Securities Trust of Scotland plc is a closed-ended equity mutual fund launched and managed by Martin Currie Fund Management Limited. It is co-managed by Martin Currie Investment Management Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.