Pollen Street Group (LON:POLN) Trading Down 0.6% – What’s Next?

Pollen Street Group Limited (LON:POLN) shares dropped 0.6% on Tuesday . The stock traded as low as GBX 672 ($8.89) and last traded at GBX 688 ($9.11). Approximately 25,785 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 115,959 shares. The stock had previously closed at GBX 692 ($9.16).

Pollen Street Group Stock Down 0.6 %

The stock’s 50 day moving average is GBX 729.73 and its 200-day moving average is GBX 731.43. The company has a market cap of £424.01 million, a PE ratio of 9.55 and a beta of 0.22.

Pollen Street Group (LON:POLN) last posted its earnings results on Tuesday, March 25th. The company reported GBX 78.80 ($1.04) earnings per share for the quarter. Pollen Street Group had a net margin of 70.52% and a return on equity of 7.94%. On average, analysts anticipate that Pollen Street Group Limited will post 70.0302725 EPS for the current fiscal year.

Pollen Street Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 60.50 ($0.80) per share. The ex-dividend date of this dividend is Thursday, April 10th. This is an increase from Pollen Street Group’s previous dividend of $26.50. This represents a yield of 1.09%. Pollen Street Group’s dividend payout ratio 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.