Insider Selling: Braemar Plc (LON:BMS) Insider Sells £37,275 in Stock

Braemar Plc (LON:BMS) insider Tristram Simmonds sold 12,425 shares of Braemar stock in a transaction on Monday, July 8th. The shares were sold at an average price of GBX 300 ($3.84), for a total value of £37,275 ($47,745.61).

Braemar Price Performance

LON BMS opened at GBX 303 ($3.88) on Friday. Braemar Plc has a 1 year low of GBX 230 ($2.95) and a 1 year high of GBX 317.64 ($4.07). The business’s fifty day moving average is GBX 292.61 and its two-hundred day moving average is GBX 280.65. The stock has a market capitalization of £92.60 million, a P/E ratio of 2,330.77 and a beta of 1.09. The company has a debt-to-equity ratio of 41.19, a quick ratio of 1.23 and a current ratio of 1.42.

Braemar Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, September 9th. Stockholders of record on Thursday, August 1st will be issued a dividend of GBX 9 ($0.12) per share. This represents a dividend yield of 3.19%. This is an increase from Braemar’s previous dividend of $4.00. The ex-dividend date is Thursday, August 1st. Braemar’s dividend payout ratio is currently 10,000.00%.

About Braemar

Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Chartering, Investment Advisory, and Risk Advisory. The Chartering segment provides shipbroking services for deep sea tankers, specialized tankers, dry cargo, and offshore; cost-saving solutions; freight consultancy; and a vessel database.