Close Brothers Group plc (LON:CBG) insider Mike Morgan sold 19,710 shares of Close Brothers Group stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of GBX 1,344 ($17.56), for a total value of £264,902.40 ($346,141.91).
Shares of CBG stock traded up GBX 24 ($0.31) on Thursday, reaching GBX 1,280 ($16.73). 665,343 shares of the company’s stock traded hands, compared to its average volume of 422,969. Close Brothers Group plc has a 12-month low of GBX 1,209 ($15.80) and a 12-month high of GBX 1,614 ($21.09). The company has a market capitalization of $1.94 billion and a P/E ratio of 9.61. The business’s 50 day moving average price is GBX 1,334.02 and its two-hundred day moving average price is GBX 1,417.81.
The firm also recently declared a dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Thursday, October 10th will be issued a dividend of GBX 44 ($0.57) per share. This is an increase from Close Brothers Group’s previous dividend of $22.00. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 3.25%. Close Brothers Group’s payout ratio is currently 0.50%.
Close Brothers Group Company Profile
Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts.
Featured Story: Which market index is the best?
Receive News & Ratings for Close Brothers Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Close Brothers Group and related companies with MarketBeat.com's FREE daily email newsletter.