Lowland (LON:LWI) Plans GBX 1.60 Dividend

Lowland (LON:LWI) announced a dividend on Wednesday, September 11th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of GBX 1.60 ($0.02) per share on Thursday, October 31st. This represents a yield of 1.25%. The ex-dividend date is Thursday, September 26th. The official announcement can be viewed at this link.

Lowland Stock Up 0.4 %

Shares of LON LWI traded up GBX 0.45 ($0.01) during trading hours on Thursday, hitting GBX 128.45 ($1.68). The company had a trading volume of 205,481 shares, compared to its average volume of 363,370. Lowland has a 1-year low of GBX 103.25 ($1.35) and a 1-year high of GBX 135 ($1.77). The company has a quick ratio of 0.24, a current ratio of 0.19 and a debt-to-equity ratio of 14.21. The firm’s 50 day moving average is GBX 129.41 and its 200-day moving average is GBX 124.94. The stock has a market capitalization of £347.06 million, a P/E ratio of 1,165.91 and a beta of 1.15.

Insider Buying and Selling at Lowland

In related news, insider Robert Robertson purchased 50,000 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The shares were acquired at an average price of GBX 130 ($1.70) per share, for a total transaction of £65,000 ($85,000.65). Insiders own 3.21% of the company’s stock.

About Lowland

Lowland Investment Company plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.