City of London (LON:CTY) Insider Purchases £39,652 in Stock

City of London (LON:CTYGet Free Report) insider Sally Lake bought 9,200 shares of the firm’s stock in a transaction dated Tuesday, April 8th. The shares were acquired at an average price of GBX 431 ($5.51) per share, with a total value of £39,652 ($50,667.01).

City of London Stock Down 1.1 %

CTY opened at GBX 422.20 ($5.39) on Wednesday. City of London has a 52 week low of GBX 382.27 ($4.88) and a 52 week high of GBX 458.50 ($5.86). The business has a 50 day moving average price of GBX 443.10 and a two-hundred day moving average price of GBX 435.11. The company has a quick ratio of 0.50, a current ratio of 7.10 and a debt-to-equity ratio of 7.40. The company has a market cap of £2.09 billion, a PE ratio of 7.11 and a beta of 0.66.

City of London Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 5.40 ($0.07) per share. This represents a dividend yield of 1.21%. The ex-dividend date is Thursday, April 24th. City of London’s dividend payout ratio (DPR) is presently 35.35%.

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