Chesnara (LON:CSN) Issues Quarterly Earnings Results

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

Chesnara Price Performance

CSN stock traded up GBX 0.50 ($0.01) during mid-day trading on Tuesday, reaching GBX 276 ($3.57). 594,853 shares of the company traded hands, compared to its average volume of 207,867. Chesnara has a 52-week low of GBX 240 ($3.10) and a 52-week high of GBX 289.50 ($3.74). The company has a market capitalization of £419.95 million, a P/E ratio of 100.66 and a beta of 0.44. The company has a debt-to-equity ratio of 62.42, a current ratio of 2.55 and a quick ratio of 38.06. The company has a fifty day moving average price of GBX 265.37 and a 200-day moving average price of GBX 259.93.

Chesnara Increases Dividend

The business also recently announced 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 of this dividend is Thursday, April 10th. This represents a 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%.

Insider Activity

In other Chesnara news, insider Steve Murray bought 11,012 shares of the stock in a transaction dated Friday, March 28th. The stock was purchased at an average cost of GBX 272 ($3.51) per share, for a total transaction of £29,952.64 ($38,698.50). Company insiders own 5.47% of the company's stock.

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.