Pollen Street Group Limited (LON:POLN) Declares Dividend Increase – GBX 60.50 Per Share

Pollen Street Group Limited (LON:POLN) announced a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 60.50 ($0.78) per share on Tuesday, April 15th. This represents a dividend yield of 1.09%. The ex-dividend date is Thursday, April 10th. This is a 128.3% increase from Pollen Street Group’s previous dividend of $26.50. The official announcement can be seen at this link.

Pollen Street Group Stock Up 1.2 %

Shares of POLN stock opened at GBX 770.90 ($9.98) on Wednesday. The firm has a 50 day moving average price of GBX 759.30 and a two-hundred day moving average price of GBX 730.78. Pollen Street Group has a 12-month low of GBX 628 ($8.13) and a 12-month high of GBX 848 ($10.98). The company has a market capitalization of £475.10 million, a PE ratio of 10.70 and a beta of 0.22.

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

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.