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

Pollen Street Group (LON:POLN - Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 78.80 ($1.02) earnings per share (EPS) 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 Stock Down 2.1 %

Shares of LON:POLN traded down GBX 16 ($0.21) during trading on Friday, reaching GBX 750 ($9.71). The stock had a trading volume of 47,137 shares, compared to its average volume of 116,068. The stock has a fifty day simple moving average of GBX 755.86 and a two-hundred day simple moving average of GBX 731.81. Pollen Street Group has a 52 week low of GBX 640 ($8.28) and a 52 week high of GBX 848 ($10.98). The firm has a market capitalization of £462.22 million, a price-to-earnings ratio of 10.41 and a beta of 0.22.

Pollen Street Group Increases Dividend

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