Pollen Street Group (LON:POLN) Issues Earnings Results

Pollen Street Group (LON:POLN) posted its earnings results on Tuesday. The company reported GBX 78.80 ($1.01) earnings per share for the quarter, Digital Look Earnings reports. Pollen Street Group had a net margin of 70.52% and a return on equity of 7.94%.

Pollen Street Group Stock Performance

Pollen Street Group stock opened at GBX 771.92 ($9.94) on Thursday. The company has a 50 day moving average price of GBX 757.94 and a 200-day moving average price of GBX 731.26. The company has a market capitalization of £475.73 million, a PE ratio of 10.72 and a beta of 0.22. Pollen Street Group has a fifty-two week low of GBX 640 ($8.24) and a fifty-two week high of GBX 848 ($10.92).

Pollen Street Group Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 60.50 ($0.78) per share. The ex-dividend date of this dividend is Thursday, April 10th. This is a positive change from Pollen Street Group’s previous dividend of $26.50. This represents a dividend yield of 1.09%. Pollen Street Group’s dividend payout ratio (DPR) is 77.75%.

About Pollen Street Group

Pollen Street was founded in 2013. It is a listed alternative asset manager dedicated to the financial and business services sectors. Pollen Street has complementary activities in managing third-party assets (as an asset manager) and on-balance sheet investments (as an investment company), delivering growth through dedicated private equity and credit strategies.