Chesnara plc (LON:CSN) Increases Dividend to GBX 23.95 Per Share

Chesnara plc (LON:CSN) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 23.95 ($0.30) per share on Monday, April 14th. This represents a dividend yield of 4.24%. The ex-dividend date is Thursday, April 10th. This is a 178.2% increase from Chesnara’s previous dividend of $8.61. The official announcement can be accessed at this link.

Chesnara Stock Performance

Shares of LON CSN opened at GBX 249.50 ($3.18) on Tuesday. Chesnara has a 1 year low of GBX 238 ($3.03) and a 1 year high of GBX 286.50 ($3.65). The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55. The stock has a fifty day moving average price of GBX 265.70 and a two-hundred day moving average price of GBX 259.97. The firm has a market cap of £379.63 million, a P/E ratio of 91.00 and a beta of 0.44.

Chesnara (LON:CSN) last issued its quarterly earnings results on Friday, March 28th. The company reported GBX 2.56 ($0.03) EPS for the quarter. Chesnara had a net margin of 1.02% and a return on equity of 1.21%. Research analysts forecast that Chesnara will post 25.3183154 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Steve Murray purchased 11,012 shares of the business’s stock in a transaction dated Friday, March 28th. The shares were acquired at an average price of GBX 272 ($3.46) per share, for a total transaction of £29,952.64 ($38,127.09). Insiders own 5.47% of the company’s stock.

Chesnara Company Profile

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three-pillar strategy, Chesnara’s primary responsibility is the efficient administration of its customers’ life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests.