Pollen Street Group (LON:POLN) Shares Down 0.8% - Here's What Happened

Pollen Street Group Limited (LON:POLN - Get Free Report) shares fell 0.8% on Friday . The company traded as low as GBX 690 ($8.92) and last traded at GBX 702 ($9.07). 136,724 shares traded hands during mid-day trading, an increase of 19% from the average session volume of 115,341 shares. The stock had previously closed at GBX 708 ($9.15).

Pollen Street Group Trading Up 7.0 %

The stock has a 50-day simple moving average of GBX 759.46 and a 200 day simple moving average of GBX 730.33. The stock has a market capitalization of £472.08 million, a price-to-earnings ratio of 10.63 and a beta of 0.22.

Pollen Street Group (LON:POLN - Get Free Report) last released its quarterly earnings data on Tuesday, March 25th. The company reported GBX 78.80 ($1.02) earnings per share (EPS) for the quarter. Pollen Street Group had a net margin of 70.52% and a return on equity of 7.94%. Sell-side analysts expect that Pollen Street Group Limited will post 70.0302725 earnings per share for the current fiscal year.

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 given a GBX 60.50 ($0.78) dividend. This represents a yield of 1.09%. This is a positive change from Pollen Street Group's previous dividend of $26.50. The ex-dividend date of this dividend is Thursday, April 10th. 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.