Temple Bar (LON:TMPL) Reaches New 12-Month High – Here’s Why

Temple Bar (LON:TMPL) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 285 ($3.56) and last traded at GBX 285 ($3.56), with a volume of 126992 shares. The stock had previously closed at GBX 281 ($3.51).

Temple Bar Price Performance

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 stock has a market cap of £816.58 million, a PE ratio of 982.76 and a beta of 1.11. The stock’s 50-day moving average is GBX 272 and its two-hundred day moving average is GBX 269.38.

Temple Bar Increases Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Thursday, November 21st were paid a dividend of GBX 3 ($0.04) per share. This is a positive change from Temple Bar’s previous dividend of $2.75. This represents a yield of 1.14%. The ex-dividend date was Thursday, November 21st. Temple Bar’s dividend payout ratio (DPR) is currently 3,448.28%.

Temple Bar Company Profile

Temple Bar’s investment objective is to provide investors with a growing income combined with growth in capital. It aims to meet this objective by investing primarily in UK equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. The trust has a bias towards FTSE 350 companies.