Chesnara plc (LON:CSN) Increases Dividend to GBX 23.95 Per Share

Chesnara plc (LON:CSN) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 23.95 ($0.31) per share on Monday, April 14th. This represents a yield of 4.24%. The ex-dividend date is Thursday, April 10th. This is a 178.2% increase from Chesnara’s previous dividend of $8.61. The official announcement can be viewed at this link.

Chesnara Stock Down 1.1 %

Shares of Chesnara stock opened at GBX 273 ($3.53) on Friday. The company has a market capitalization of £415.39 million, a P/E ratio of 99.57 and a beta of 0.44. The company has a debt-to-equity ratio of 62.42, a current ratio of 2.55 and a quick ratio of 38.06. The business has a 50-day moving average of GBX 265.02 and a two-hundred day moving average of GBX 259.79. Chesnara has a 1 year low of GBX 240 ($3.11) and a 1 year high of GBX 289.50 ($3.75).

Chesnara (LON:CSN) last announced its earnings results on Friday, March 28th. The company reported GBX 2.56 ($0.03) EPS for the quarter. Chesnara had a net margin of 1.02% and a return on equity of 1.21%. As a group, equities analysts predict that Chesnara will post 25.3183154 EPS for the current year.

Insider Activity at Chesnara

In other news, insider Steve Murray bought 11,012 shares of the company’s stock in a transaction that occurred on Friday, March 28th. The shares were acquired at an average price of GBX 272 ($3.52) per share, with a total value of £29,952.64 ($38,768.63). 5.47% of the stock is currently owned by insiders.

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.