Temple Bar (LON:TMPL) Shares Down 0.2% – Should You Sell?

Temple Bar (LON:TMPL) shares fell 0.2% during trading on Wednesday . The company traded as low as GBX 271.51 ($3.43) and last traded at GBX 272.50 ($3.44). 889,061 shares were traded during trading, an increase of 58% from the average session volume of 561,552 shares. The stock had previously closed at GBX 273 ($3.45).

Temple Bar Stock Performance

The company has a 50 day simple moving average of GBX 267.53 and a two-hundred day simple moving average of GBX 267.54. The company has a debt-to-equity ratio of 10.37, a quick ratio of 3.68 and a current ratio of 8.76. The firm has a market cap of £783.63 million, a PE ratio of 943.10 and a beta of 1.11.

Temple Bar Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, December 30th. Investors of record on Thursday, November 21st will be issued a GBX 3 ($0.04) dividend. This represents a yield of 1.14%. The ex-dividend date is Thursday, November 21st. This is an increase from Temple Bar’s previous dividend of $2.75. Temple Bar’s dividend payout ratio is 3,448.28%.

Temple Bar Company Profile

Temple Bar Investment Trust PLC is a closed-ended equity mutual fund launched and managed by RWC Asset Management LLP. The fund invests in the public equity markets of the United Kingdom. It seeks to invests in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of companies across all market capitalizations, which are constituents of the FTSE 350 Index.