Lowland Investment Company plc (LON:LWI) announced a dividend on Friday, June 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 4th will be paid a dividend of GBX 15 ($0.20) per share on Wednesday, July 31st. This represents a yield of 1.09%. The ex-dividend date of this dividend is Thursday, July 4th. This is a positive change from Lowland Investment’s previous dividend of $14.50. The official announcement can be accessed at this link.
LON:LWI traded down GBX 17.50 ($0.23) during trading hours on Friday, reaching GBX 1,352.50 ($17.67). The stock had a trading volume of 15,858 shares, compared to its average volume of 16,498. The company has a debt-to-equity ratio of 12.82, a current ratio of 0.13 and a quick ratio of 0.06. Lowland Investment has a 52 week low of GBX 13.98 ($0.18) and a 52 week high of GBX 1,575 ($20.58). The company has a market cap of $365.43 million and a price-to-earnings ratio of 28.53.
In other news, insider Robert Robertson acquired 5,000 shares of Lowland Investment stock in a transaction on Tuesday, April 9th. The shares were acquired at an average price of GBX 1,337 ($17.47) per share, with a total value of £66,850 ($87,351.37).
About Lowland Investment
Lowland Investment Company plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.
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