Strategic Equity Capital (LON:SEC) Insider Acquires £32,100 in Stock

Strategic Equity Capital (LON:SEC) insider Howard Williams bought 10,000 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was acquired at an average cost of GBX 321 ($4.19) per share, for a total transaction of £32,100 ($41,916.95).

Strategic Equity Capital Stock Performance

Shares of Strategic Equity Capital stock opened at GBX 338 ($4.41) on Friday. The company has a market capitalization of £160.96 million, a P/E ratio of 650.00 and a beta of 0.73. Strategic Equity Capital has a 1 year low of GBX 290 ($3.79) and a 1 year high of GBX 379 ($4.95). The company’s fifty day moving average is GBX 352.24 and its two-hundred day moving average is GBX 354.23.

Strategic Equity Capital Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, November 13th. Investors of record on Thursday, October 10th will be issued a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 1%. This is a positive change from Strategic Equity Capital’s previous dividend of $2.50. Strategic Equity Capital’s dividend payout ratio (DPR) is currently 576.92%.

Strategic Equity Capital Company Profile

Strategic Equity Capital plc is a closed-ended equity mutual fund launched and managed by GVO Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than GBP 150 million.