26 February 2024 - director dealing
The chairman of the bank has purchased 1m shares at a price of 45.4925p which may encourage others to follow his lead. The recently announced results for 2023 which showed solid growth over the previous year also revealed that the dividend for the year was raised to 2.76p per share - this represents a historic dividend yield of 6%. With the dividend likely to be raised again this year that yield will increase - nevertheless, although that looks attractive we suggest waiting for the shares to slip back to 42p before taking the plunge.
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