Pollen Street Group (LON:POLN) Announces Quarterly Earnings Results

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

Pollen Street Group Stock Performance

Shares of POLN stock traded down GBX 6 ($0.08) during midday trading on Thursday, reaching GBX 766 ($9.86). 43,425 shares of the company were exchanged, compared to its average volume of 117,058. The company’s 50 day moving average price is GBX 757.94 and its two-hundred day moving average price is GBX 731.26. The company has a market cap of £472.08 million, a P/E ratio of 10.63 and a beta of 0.22. Pollen Street Group has a 12 month low of GBX 640 ($8.24) and a 12 month high of GBX 848 ($10.92).

Pollen Street Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, April 10th will be paid a dividend of GBX 60.50 ($0.78) per share. This is a boost from Pollen Street Group’s previous dividend of $26.50. This represents a dividend yield of 1.09%. The ex-dividend date of this dividend is Thursday, April 10th. Pollen Street Group’s payout ratio is currently 77.75%.

Pollen Street Group Company Profile

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.