Litigation Capital Management Limited (LON:LIT) to Issue Dividend of GBX 1.25

Litigation Capital Management Limited (LON:LIT) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of GBX 1.25 ($0.02) per share on Friday, October 25th. This represents a dividend yield of 1.26%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be accessed at this link.

Litigation Capital Management Price Performance

LIT stock opened at GBX 101 ($1.35) on Wednesday. The firm’s 50-day moving average is GBX 102.04 and its two-hundred day moving average is GBX 107.16. The company has a market capitalization of £104.11 million, a price-to-earnings ratio of 1,683.33 and a beta of 0.31. Litigation Capital Management has a 52 week low of GBX 84.50 ($1.13) and a 52 week high of GBX 122 ($1.63). The company has a current ratio of 17.54, a quick ratio of 3.01 and a debt-to-equity ratio of 32.77.

About Litigation Capital Management

Litigation Capital Management Limited provides dispute finance and risk management services in Australia and the United Kingdom. The company operates in two business models, including direct investments made from LCM's permanent balance sheet capital; and fund and/or asset management. Its products and services include dispute finance for companies, international arbitration, and law firms; disbursement funding; enforcement funding/purchase of award; and adverse cost and security for costs.