Chesnara (LON:CSN) Posts Earnings Results

Chesnara (LON:CSN) released its quarterly earnings results on Friday. The company reported GBX 2.56 ($0.03) earnings per share for the quarter, Digital Look Earnings reports. Chesnara had a return on equity of 1.21% and a net margin of 1.02%.

Chesnara Stock Performance

Shares of CSN stock traded down GBX 6.50 ($0.08) on Friday, hitting GBX 269.50 ($3.49). The company’s stock had a trading volume of 282,303 shares, compared to its average volume of 194,586. Chesnara has a fifty-two week low of GBX 240 ($3.11) and a fifty-two week high of GBX 289.50 ($3.75). The company has a market capitalization of £410.06 million, a PE ratio of 98.29 and a beta of 0.44. The stock’s 50 day moving average is GBX 264.76 and its 200-day moving average is GBX 259.70. The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55.

Chesnara Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, April 10th will be issued a dividend of GBX 23.95 ($0.31) per share. The ex-dividend date is Thursday, April 10th. This represents a dividend yield of 4.24%. This is an increase from Chesnara’s previous dividend of $8.61. Chesnara’s dividend payout ratio (DPR) is currently 875.33%.

Chesnara Company Profile

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.