Pollen Street Group (LON:POLN) Issues Earnings Results

Pollen Street Group (LON:POLN) issued its quarterly earnings results on Tuesday. The company reported GBX 78.80 ($1.01) earnings per share for the quarter, Digital Look Earnings reports. Pollen Street Group had a return on equity of 7.94% and a net margin of 70.52%.

Pollen Street Group Trading Down 1.0 %

LON:POLN traded down GBX 8 ($0.10) during trading hours on Thursday, reaching GBX 764 ($9.84). The company had a trading volume of 784,717 shares, compared to its average volume of 129,210. The firm has a market cap of £470.85 million, a price-to-earnings ratio of 10.61 and a beta of 0.22. The firm’s 50 day moving average price is GBX 757.94 and its 200-day moving average price is GBX 731.26. Pollen Street Group has a 52 week low of GBX 640 ($8.24) and a 52 week high of GBX 848 ($10.92).

Pollen Street Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Thursday, April 10th will be issued a dividend of GBX 60.50 ($0.78) per share. This is an increase from Pollen Street Group’s previous dividend of $26.50. This represents a dividend yield of 1.09%. The ex-dividend date is Thursday, April 10th. Pollen Street Group’s dividend payout ratio is presently 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.