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

Pollen Street Group (LON:POLN) announced its quarterly earnings data 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 Price Performance

Shares of POLN stock traded down GBX 2.02 ($0.03) during trading on Thursday, hitting GBX 769.98 ($9.91). 50,164 shares of the stock traded hands, compared to its average volume of 117,168. The firm has a market capitalization of £474.53 million, a P/E ratio of 10.69 and a beta of 0.22. Pollen Street Group has a 52-week low of GBX 640 ($8.24) and a 52-week high of GBX 848 ($10.92). The firm’s fifty day moving average price is GBX 757.94 and its 200-day moving average price is GBX 731.26.

Pollen Street Group Increases Dividend

The company 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. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 1.09%. This is an increase from Pollen Street Group’s previous dividend of $26.50. Pollen Street Group’s dividend payout ratio (DPR) 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.