CQS Natural Resources Growth and Income (LON:CYN) Posts Earnings Results

CQS Natural Resources Growth and Income (LON:CYN) posted its earnings results on Thursday. The company reported GBX 0.63 ($0.01) earnings per share for the quarter, Digital Look Earnings reports. CQS Natural Resources Growth and Income had a return on equity of 6.63% and a net margin of 68.67%.

CQS Natural Resources Growth and Income Stock Performance

Shares of CYN stock opened at GBX 187 ($2.42) on Friday. The stock has a 50 day moving average price of GBX 186.63 and a two-hundred day moving average price of GBX 188.22. CQS Natural Resources Growth and Income has a fifty-two week low of GBX 165 ($2.14) and a fifty-two week high of GBX 207 ($2.68). The company has a market capitalization of £117.59 million, a P/E ratio of 13.29 and a beta of 1.00.

CQS Natural Resources Growth and Income Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Thursday, March 27th will be paid a GBX 10 ($0.13) dividend. The ex-dividend date is Thursday, March 27th. This represents a yield of 1.07%. This is a positive change from CQS Natural Resources Growth and Income’s previous dividend of $1.26. CQS Natural Resources Growth and Income’s dividend payout ratio is currently 42.64%.

Insider Transactions at CQS Natural Resources Growth and Income

In other CQS Natural Resources Growth and Income news, insider Louise Hall bought 2,500 shares of the firm’s stock in a transaction on Thursday, February 6th. The stock was acquired at an average price of GBX 187 ($2.42) per share, with a total value of £4,675 ($6,051.00). Corporate insiders own 12.62% of the company’s stock.

CQS Natural Resources Growth and Income Company Profile

CQS Natural Resources Growth and Income Trust plc (LSE: CYN) actively invests in global energy and mining companies, with a focus on total return. It also pays a regular quarterly dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.