Secure Trust Bank Dividends - STB

Secure Trust Bank Dividends - STB

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Stock Name Stock Symbol Market Stock Type
Secure Trust Bank Plc STB London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 738.00 16:35:03
Open Price Low Price High Price Close Price Previous Close
730.00 730.00 748.00 738.00 738.00
more quote information »
Industry Sector
BANKS

Secure Trust Bank STB Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
04/08/2022InterimGBX1631/12/202131/12/202225/08/202226/08/202226/09/20220
24/03/2022FinalGBX41.131/12/202031/12/202121/04/202222/04/202219/05/202261.1
05/08/2021InterimGBX2031/12/202031/12/202126/08/202127/08/202127/09/20210
25/03/2021FinalGBX4431/12/201931/12/202022/04/202123/04/202121/05/202144
07/08/2019InterimGBX2031/12/201831/12/201929/08/201930/08/201927/09/201920
28/03/2019FinalGBX6431/12/201731/12/201825/04/201926/04/201924/05/201983
08/08/2018InterimGBX1931/12/201731/12/201831/08/201801/09/201828/09/20180
22/03/2018FinalGBX6131/12/201631/12/201726/04/201827/04/201825/05/201879
22/08/2017InterimGBX1831/12/201631/12/201731/08/201701/09/201729/09/20170
23/03/2017FinalGBX5731/12/201531/12/201617/04/201718/04/201712/05/201775
19/07/2016InterimGBX1731/12/201531/12/201625/08/201626/08/201623/09/20160
17/03/2016SpecialGBX16531/12/201431/12/201507/04/201608/04/201627/07/20160
17/03/2016FinalGBX5531/12/201431/12/201507/04/201608/04/201606/05/201672
24/07/2015InterimGBX1731/12/201431/12/201520/08/201521/08/201518/09/20150
19/03/2015FinalGBX5231/12/201331/12/201416/04/201517/04/201515/05/201568
22/07/2014InterimGBX1631/12/201331/12/201420/08/201422/08/201419/09/20140
20/03/2014FinalGBX4731/12/201231/12/201309/04/201411/04/201409/05/201462
18/07/2013InterimGBX1531/12/201231/12/201321/08/201323/08/201320/09/20130
21/03/2013FinalGBX4331/12/201131/12/201210/04/201312/04/201310/05/201357
26/07/2012InterimGBX1431/12/201131/12/201222/08/201224/08/201221/09/20120
15/03/2012FinalGBX4.231/12/201031/12/201118/04/201220/04/201218/05/20124.2

Top Dividend Posts

Top Posts
Posted at 20/1/2023 10:34 by 1tx
I'd be more than happy if you are correct re dividend cfro!I am looking at 2021 Core earnings re 2022.In 2021 we had 244.7p annual earnings of which 133.1p was first half.We had 61.1p total dividend,20p interim & 41.1p final.2022 first half Core earnings were 69.1p & 16p interim dividend.As we have a four time earnings cover for dividends we are going to have a stonking second half to get anywhere near last years final dividend.Problem is I don't see it from updates.....Maybe provisions in first were unusually bad.
Posted at 19/1/2023 17:56 by cfro
I would say it's unlikely the final dividend will be as low as 25p, that would assume quite a drop in profits which going by the recent updates perhaps looks too pessimistic.

Don't forget it was 40p last year and they have already moved and slashed the interim dividend by 20%..

Will find out on March 30th i guess.

Posted at 19/1/2023 16:55 by 1tx
I assume total divi for the year will be 25% of Core profits (ie continuing operations) after tax & impairments,as we now have four times dividend cover.I see a final dividend around 25p.
Posted at 17/1/2023 10:57 by 1tx
STB usually give an end of financial year update during the second half of Jan.The interim results & Q3 update were rather dismal which accounted for much of the fall in share price.Yes the shares are cheap if you look at the price compared to NAV but the company seems to have "lost the plot" in the sense that they can't make up their mind what part of the market to expand into following the sale of their loan portfolio. Also the market may think their consumer credit loan business is risky (buy now pay later finance for Sofa retailers etc ).I also feel the company needs to consider the interests of smaller shareholders & their investors generally;it's institutional shareholders who bought shares when it split from ARBB & in subsequent sales of shares by ARBB have made a huge loss on their investment here so probably have little affection for the company.I point out I have been a shareholder here for a couple of years & I hope things improve!
Posted at 31/12/2022 12:39 by jswjsw
By comparison with the junior (and senior!) banking sectors STB has been way undervalued for some time: return on equity is the best there is (except BGEO) and price/assets is still about half the sector average. There is negative cashflow (-£4.82) but this is improving - and why is it any concern at all when net cash/share is £12.64 ???
With a 23 yield around 6.5% this is close to the top of the buy-list for 2023.
j

Posted at 23/12/2022 15:27 by catabrit
Unless these guys do a PCF, this looks like a decent buy down here. Circa 0.3x TBV. Nice dividend whilst you wait. With rising rates, I could see this trading at a premium to BV in the years to come albeit that wouldn't necessarily be my base case.

Market is assuming a degradation in NAV but the r/r feels skewed towards the upside.

Re wider debate about whether to wait or to buy, I have personally made a bit of distinction between those stocks that pay out dividends and those that do not. If I am getting a 7-10% dividend yield that's well covered by earnings and very likely to grow in the medium term, I am personally OK to be buying at 52-week or 5-yr lows as I can recycle the dividends back into lower stock prices. But both approaches - waiting and buying - are equally valid in a bear market. In fact, net short could be the new net long but starting valuation matters a lot and across a number of names, the starting valuation looks very very attractive.

Posted at 23/12/2022 12:28 by brucie5
Linton, you may of course be proved right - but given that you never can know the future with certainty, one approach might be to use the extraordinary level of current dividend payouts available to average down a select universe of value stocks, in order to compound your future income..? That has been my approach for last 12 months, such that while my capital value has indeed declined over the year by almost 10%, my dividend stream has increased by rather more. I hold STB, and the current level at somewhat over £6 looks and feels very much like a base to me - fwiw. But we shall of course see in due course!
Posted at 14/12/2022 14:37 by tomps2
Introducing Secure Trust Bank (STB) - December 2022

Secure Trust Bank CEO, David McCreadie gives an overview of this specialist lending business, which is also a regulated bank. David joined STB about three years ago, initially as a Non-Exec director, he took over as CEO two years ago and gives an update on what they've been doing, the strategy going forward and the impact of the current economic climate.

Watch the video here: Https://www.piworld.co.uk/company-videos/introducing-secure-trust-bank-stb-december-2022/

Or listen to the podcast here: Https://piworld.podbean.com/e/introducing-secure-trust-bank-stb-december-2022/

Posted at 29/11/2022 17:17 by brucie5
Fair enough. Thanks for response. I'm hoping that quite aside from the specific merits of the business (or demerits) the sector is benefiting from higher interest rates. And STB pays a decent dividend while meeting three Stock screens. Meanwhile 600 looks like the bottom on the five-year view so I'm willing to be the patient holder.
Posted at 03/11/2022 09:08 by brucie5
Yes, I'm hoping STB will do well from this level, having bought a full position. Scores three value screens on Stocko, as well as a stonking 98 for value. Dividend looks to be about 9% - though perhaps someone can confirm? Small, challenger bank, should do well in rising interest rate environment, so long as their loan book is carefully managed.
But DYOR, obviously.

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