STS Global Income & Growth Trust (STS) to Issue Dividend of GBX 1.59 on October 25th

STS Global Income & Growth Trust (LON:STS) announced a dividend on Wednesday, September 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be given a dividend of GBX 1.59 ($0.02) per share on Friday, October 25th. This represents a dividend yield of 0.7%. The ex-dividend date is Thursday, October 3rd. This is a boost from STS Global Income & Growth Trust’s previous dividend of $1.53. The official announcement can be seen at this link.

STS Global Income & Growth Trust Price Performance

STS stock opened at GBX 227.80 ($3.05) on Tuesday. The company has a current ratio of 0.87, a quick ratio of 0.40 and a debt-to-equity ratio of 4.92. The company has a market capitalization of £296.09 million, a PE ratio of 2,063.64 and a beta of 0.43. STS Global Income & Growth Trust has a 12-month low of GBX 207 ($2.77) and a 12-month high of GBX 233 ($3.12). The business’s fifty day moving average price is GBX 224.56 and its 200 day moving average price is GBX 219.84.

Insider Activity at STS Global Income & Growth Trust

In other news, insider Gillian Elcock acquired 4,390 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were purchased at an average price of GBX 228 ($3.05) per share, for a total transaction of £10,009.20 ($13,388.44). Company insiders own 26.36% of the company’s stock.

About STS Global Income & Growth Trust

Securities Trust of Scotland plc is a closed-ended equity mutual fund launched and managed by Martin Currie Fund Management Limited. It is co-managed by Martin Currie Investment Management Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.