STS Global Income & Growth Trust (STS) To Go Ex-Dividend on October 3rd

STS Global Income & Growth Trust (LON:STS) announced a dividend on Wednesday, September 25th, Upcoming.Co.Uk reports. Stockholders 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 an increase from STS Global Income & Growth Trust’s previous dividend of $1.53. The official announcement can be viewed at this link.

STS Global Income & Growth Trust Price Performance

STS opened at GBX 227.50 ($3.05) on Friday. The company has a 50 day moving average of GBX 224.30 and a two-hundred day moving average of GBX 219.76. STS Global Income & Growth Trust has a 52-week low of GBX 207 ($2.77) and a 52-week high of GBX 233 ($3.12). The company has a quick ratio of 0.40, a current ratio of 0.87 and a debt-to-equity ratio of 4.92. The company has a market cap of £295.70 million, a P/E ratio of 2,063.64 and a beta of 0.43.

Insider Buying and Selling

In related news, insider Gillian Elcock bought 4,390 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were acquired at an average price of GBX 228 ($3.05) per share, for a total transaction of £10,009.20 ($13,402.79). 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.