Pollen Street Group (LON:POLN) Releases Earnings Results

Pollen Street Group (LON:POLN) announced its earnings results on Tuesday. The company reported GBX 78.80 ($1.01) 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 Trading Down 0.0 %

Pollen Street Group stock opened at GBX 771.92 ($9.94) on Thursday. The company has a market capitalization of £475.73 million, a price-to-earnings ratio of 10.72 and a beta of 0.22. The stock’s 50 day moving average is GBX 757.94 and its 200-day moving average is GBX 731.26. Pollen Street Group has a 12 month low of GBX 640 ($8.24) and a 12 month high of GBX 848 ($10.92).

Pollen Street Group Increases Dividend

The company also recently disclosed 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. This represents a dividend yield of 1.09%. The ex-dividend date is Thursday, April 10th. This is a boost from Pollen Street Group’s previous dividend of $26.50. Pollen Street Group’s payout ratio 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.