CQS Natural Resources Growth and Income (LON:CYN) Releases Quarterly Earnings Results

CQS Natural Resources Growth and Income (LON:CYNGet Free Report) issued its quarterly earnings results on Thursday. The company reported GBX 0.63 ($0.01) EPS for the quarter, Digital Look Earnings reports. CQS Natural Resources Growth and Income had a return on equity of 6.63% and a net margin of 68.67%.

CQS Natural Resources Growth and Income Stock Performance

Shares of LON:CYN opened at GBX 189 ($2.45) on Friday. The firm has a market cap of £118.85 million, a PE ratio of 13.43 and a beta of 1.00. The company has a fifty day simple moving average of GBX 186.61 and a 200 day simple moving average of GBX 188.08. CQS Natural Resources Growth and Income has a 12-month low of GBX 165 ($2.14) and a 12-month high of GBX 207 ($2.68).

CQS Natural Resources Growth and Income Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Thursday, March 27th will be given a dividend of GBX 10 ($0.13) per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a dividend yield of 1.07%. This is an increase from CQS Natural Resources Growth and Income’s previous dividend of $1.26. CQS Natural Resources Growth and Income’s dividend payout ratio (DPR) is presently 42.64%.

Insider Buying and Selling at CQS Natural Resources Growth and Income

In related news, insider Louise Hall bought 2,500 shares of the business’s stock in a transaction dated Thursday, February 6th. The shares were acquired at an average price of GBX 187 ($2.42) per share, for a total transaction of £4,675 ($6,052.56). 12.62% of the stock is currently owned by insiders.

About CQS Natural Resources Growth and Income

(Get Free Report)

CQS Natural Resources Growth and Income Trust plc (LSE: CYN) actively invests in global energy and mining companies, with a focus on total return. It also pays a regular quarterly dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.

Further Reading

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