Safestore Holdings Plc (LON:SAFE) Plans Dividend of GBX 20.40

Safestore Holdings Plc (LON:SAFE) announced a dividend on Thursday, January 16th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, March 13th will be given a dividend of GBX 20.40 ($0.25) per share on Tuesday, April 15th. This represents a dividend yield of 3.42%. The ex-dividend date of this dividend is Thursday, March 13th. This is an increase from Safestore’s previous dividend of $10.00. The official announcement can be viewed at this link.

Safestore Stock Performance

Shares of SAFE stock traded up GBX 3.50 ($0.04) during trading on Friday, reaching GBX 600 ($7.34). The company had a trading volume of 1,021,637 shares, compared to its average volume of 4,604,059. The company has a market capitalization of £1.31 billion, a PE ratio of 495.87, a PEG ratio of 2.05 and a beta of 0.86. The company has a debt-to-equity ratio of 42.94, a current ratio of 0.42 and a quick ratio of 0.90. The firm’s 50 day simple moving average is GBX 698.67 and its two-hundred day simple moving average is GBX 793.37. Safestore has a one year low of GBX 591 ($7.23) and a one year high of GBX 930 ($11.38).

Insider Buying and Selling

In other news, insider Avis Darzins acquired 1,581 shares of the firm’s stock in a transaction dated Thursday, January 16th. The shares were bought at an average price of GBX 628 ($7.68) per share, with a total value of £9,928.68 ($12,148.15). 2.77% of the stock is currently owned by insiders.

Safestore Company Profile

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.