Fintel (LON:FNTL) Releases Earnings Results

Fintel (LON:FNTL) posted its earnings results on Tuesday. The company reported GBX 13.20 ($0.17) EPS for the quarter, Digital Look Earnings reports. Fintel had a return on equity of 5.86% and a net margin of 8.56%.

Fintel Stock Performance

Shares of Fintel stock opened at GBX 261 ($3.40) on Thursday. The firm has a market capitalization of £274.01 million, a P/E ratio of 46.80 and a beta of 1.17. The company has a quick ratio of 0.85, a current ratio of 0.75 and a debt-to-equity ratio of 17.73. Fintel has a 52 week low of GBX 240.90 ($3.13) and a 52 week high of GBX 329 ($4.28). The firm’s 50 day moving average is GBX 268.85 and its two-hundred day moving average is GBX 276.06.

Fintel Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 22nd will be paid a dividend of GBX 2.45 ($0.03) per share. This is a boost from Fintel’s previous dividend of $1.20. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a yield of 0.99%. Fintel’s payout ratio is presently 71.73%.

Insider Activity

In other news, insider David Thompson purchased 8,064 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were bought at an average price of GBX 267 ($3.47) per share, with a total value of £21,530.88 ($28,009.47). Company insiders own 41.30% of the company’s stock.

About Fintel

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.