The Bankers Investment Trust PLC (LON:BNKR) Raises Dividend to GBX 1.50 Per Share

The Bankers Investment Trust PLC (LON:BNKR) declared a dividend on Thursday, February 6th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, February 13th will be paid a dividend of GBX 1.50 ($0.02) per share by the bank on Tuesday, February 25th. This represents a dividend yield of 1.19%. The ex-dividend date is Thursday, February 13th. This is a positive change from The Bankers Investment Trust’s previous dividend of $0.67. The official announcement can be accessed at this link.

The Bankers Investment Trust Price Performance

BNKR stock opened at GBX 125.80 ($1.55) on Tuesday. The firm has a 50 day moving average of GBX 118.50 and a 200-day moving average of GBX 114.73. The company has a market cap of £1.45 billion, a price-to-earnings ratio of 2,516.00 and a beta of 0.60. The company has a current ratio of 5.41, a quick ratio of 8.27 and a debt-to-equity ratio of 8.54. The Bankers Investment Trust has a 12-month low of GBX 104.20 ($1.29) and a 12-month high of GBX 126.60 ($1.56).

The Bankers Investment Trust (LON:BNKR) last issued its quarterly earnings data on Thursday, January 16th. The bank reported GBX 2.63 ($0.03) earnings per share (EPS) for the quarter. The Bankers Investment Trust had a return on equity of 10.27% and a net margin of 91.13%.

Insider Transactions at The Bankers Investment Trust

In related news, insider Richard West acquired 284 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was purchased at an average cost of GBX 116 ($1.43) per share, for a total transaction of £329.44 ($407.12). Corporate insiders own 3.24% of the company’s stock.

About The Bankers Investment Trust

Over the long term, the Company aims to achieve capital growth in excess of the FTSE World Index and dividend growth greater than inflation, as measured by the UK Consumer Price Index (‘CPI’), by investing in companies listed throughout the world.