STS Global Income & Growth Trust (LON:STS) Plans Dividend Increase – 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 positive change from STS Global Income & Growth Trust’s previous dividend of $1.53. The official announcement can be accessed at this link.

STS Global Income & Growth Trust Trading Up 0.2 %

Shares of STS stock opened at GBX 227.50 ($3.05) on Friday. STS Global Income & Growth Trust has a 1 year low of GBX 207 ($2.77) and a 1 year high of GBX 233 ($3.12). The firm has a market capitalization of £295.70 million, a PE ratio of 2,063.64 and a beta of 0.43. The stock has a fifty day moving average of GBX 224.30 and a two-hundred day moving average of GBX 219.76. The company has a debt-to-equity ratio of 4.92, a quick ratio of 0.40 and a current ratio of 0.87.

Insider Activity at STS Global Income & Growth Trust

In related news, insider Gillian Elcock purchased 4,390 shares of STS Global Income & Growth Trust stock in a transaction dated Thursday, September 5th. The stock was bought at an average cost of GBX 228 ($3.05) per share, with a total value of £10,009.20 ($13,402.79). Company 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.