Robert Robertson Acquires 50,000 Shares of Lowland (LON:LWI) Stock

Lowland (LON:LWI) insider Robert Robertson acquired 50,000 shares of the business’s stock in a transaction on Friday, July 26th. The stock was acquired at an average cost of GBX 130 ($1.68) per share, for a total transaction of £65,000 ($84,066.22).

Lowland Stock Up 1.6 %

Shares of LON LWI traded up GBX 2 ($0.03) during mid-day trading on Friday, reaching GBX 131 ($1.69). 433,800 shares of the company were exchanged, compared to its average volume of 376,784. The firm has a 50-day moving average of GBX 127.88 and a 200 day moving average of GBX 121.48. Lowland has a 1 year low of GBX 103.25 ($1.34) and a 1 year high of GBX 131.50 ($1.70). The stock has a market cap of £353.95 million, a price-to-earnings ratio of 645.00 and a beta of 1.11. The company has a quick ratio of 0.24, a current ratio of 0.30 and a debt-to-equity ratio of 13.63.

Lowland Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Thursday, June 27th will be issued a GBX 1.60 ($0.02) dividend. This represents a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, June 27th. Lowland’s dividend payout ratio is presently 3,000.00%.

Lowland Company Profile

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.