Pollen Street Group Limited (LON:POLN) Increases Dividend to GBX 60.50 Per Share

Pollen Street Group Limited (LON:POLN) announced a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 60.50 ($0.78) per share on Tuesday, April 15th. This represents a yield of 1.09%. The ex-dividend date is Thursday, April 10th. This is a 128.3% increase from Pollen Street Group’s previous dividend of $26.50. The official announcement can be accessed at this link.

Pollen Street Group Stock Down 0.0 %

Shares of LON POLN opened at GBX 771.86 ($9.94) on Thursday. Pollen Street Group has a 52 week low of GBX 640 ($8.24) and a 52 week high of GBX 848 ($10.92). The firm has a market cap of £475.69 million, a P/E ratio of 10.72 and a beta of 0.22. The business’s 50 day moving average price is GBX 757.94 and its 200 day moving average price is GBX 731.26.

Pollen Street Group (LON:POLN) last announced its quarterly earnings results on Tuesday, March 25th. The company reported GBX 78.80 ($1.01) earnings per share for the quarter. Pollen Street Group had a return on equity of 7.94% and a net margin of 70.52%. As a group, research analysts expect that Pollen Street Group will post 70.0302725 earnings per share for the current year.

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.