Chesnara (LON:CSN) Issues Earnings Results

Chesnara (LON:CSN) posted its quarterly earnings data on Friday. The company reported GBX 2.56 ($0.03) 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

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

Chesnara Increases Dividend

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