Insider Buying: Chesnara plc (LON:CSN) Insider Buys 11,012 Shares of Stock

Chesnara plc (LON:CSN) insider Steve Murray bought 11,012 shares of Chesnara stock in a transaction dated Friday, March 28th. The stock was purchased at an average price of GBX 272 ($3.52) per share, for a total transaction of £29,952.64 ($38,778.66).

Chesnara Price Performance

CSN stock traded down GBX 3 ($0.04) during trading on Friday, hitting GBX 273 ($3.53). 427,137 shares of the stock traded hands, compared to its average volume of 196,922. The stock has a market cap of £415.39 million, a price-to-earnings ratio of 99.57 and a beta of 0.44. Chesnara plc has a one year low of GBX 240 ($3.11) and a one year high of GBX 289.50 ($3.75). The company has a current ratio of 2.55, a quick ratio of 38.06 and a debt-to-equity ratio of 62.42. The company has a 50 day simple moving average of GBX 264.76 and a 200 day simple moving average of GBX 259.70.

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

Chesnara Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, April 10th will be paid a GBX 23.95 ($0.31) dividend. The ex-dividend date is Thursday, April 10th. This represents a yield of 4.24%. This is a positive change from Chesnara’s previous dividend of $8.61. Chesnara’s payout ratio is currently 875.33%.

About Chesnara

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.