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

Safestore Holdings Plc (LON:SAFE) insider Avis Darzins purchased 1,581 shares of Safestore stock in a transaction on Thursday, January 16th. The stock was bought at an average price of GBX 628 ($7.64) per share, with a total value of £9,928.68 ($12,080.16).

Safestore Stock Performance

Shares of SAFE opened at GBX 624 ($7.59) on Friday. The stock has a 50-day moving average of GBX 695.16 and a 200-day moving average of GBX 792.20. Safestore Holdings Plc has a one year low of GBX 591 ($7.19) and a one year high of GBX 930 ($11.32). 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 company has a market cap 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 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 given a dividend of GBX 20.40 ($0.25) per share. This represents a dividend yield of 3.42%. This is a positive change from Safestore’s previous dividend of $10.00. The ex-dividend date is Thursday, March 13th. Safestore’s dividend payout ratio is presently 2,479.34%.

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.