Insider Buying: Safestore Holdings Plc (LON:SAFE) Insider Purchases £9,928.68 in Stock

Safestore Holdings Plc (LON:SAFE) insider Avis Darzins purchased 1,581 shares of the firm’s stock in a transaction dated Thursday, January 16th. The shares were bought at an average price of GBX 628 ($7.64) per share, for a total transaction of £9,928.68 ($12,075.75).

Safestore Stock Performance

LON:SAFE opened at GBX 624 ($7.59) on Monday. The company has a debt-to-equity ratio of 42.94, a current ratio of 0.42 and a quick ratio of 0.90. Safestore Holdings Plc has a 1-year low of GBX 591 ($7.19) and a 1-year high of GBX 930 ($11.31). The business has a 50 day moving average of GBX 695.16 and a 200 day moving average of GBX 792.33. The company has a market capitalization of £1.36 billion, a price-to-earnings ratio of 515.70, a PEG ratio of 2.05 and a beta of 0.86.

Safestore Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, March 13th will be paid a dividend of GBX 20.40 ($0.25) per share. This is a boost from Safestore’s previous dividend of $10.00. The ex-dividend date is Thursday, March 13th. This represents a yield of 3.42%. Safestore’s payout ratio is presently 2,479.34%.

About Safestore

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.