Avis Darzins Purchases 1,581 Shares of Safestore Holdings Plc (LON:SAFE) Stock

Safestore Holdings Plc (LON:SAFE) insider Avis Darzins purchased 1,581 shares of Safestore stock in a transaction that occurred on Thursday, January 16th. The shares were bought at an average price of GBX 628 ($7.64) per share, with a total value of £9,928.68 ($12,075.75).

Safestore Price Performance

SAFE stock opened at GBX 624 ($7.59) on Monday. The business’s fifty day moving average price is GBX 695.16 and its 200 day moving average price is GBX 792.33. The company has a market capitalization of £1.36 billion, a PE ratio of 515.70, a P/E/G ratio of 2.05 and a beta of 0.86. Safestore Holdings Plc has a 12-month low of GBX 591 ($7.19) and a 12-month high of GBX 930 ($11.31). The company has a current ratio of 0.42, a quick ratio of 0.90 and a debt-to-equity ratio of 42.94.

Safestore Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Thursday, March 13th will be issued a GBX 20.40 ($0.25) dividend. This is an increase from Safestore’s previous dividend of $10.00. The ex-dividend date is Thursday, March 13th. This represents a dividend yield of 3.42%. Safestore’s payout ratio is presently 2,479.34%.

About Safestore

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.