Pollen Street Group (LON:POLN) Announces Quarterly Earnings Results

Pollen Street Group (LON:POLN) posted its earnings results on Tuesday. The company reported GBX 78.80 ($1.02) 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 Stock Up 1.3 %

LON POLN opened at GBX 772 ($9.99) on Wednesday. The company has a market cap of £475.78 million, a price-to-earnings ratio of 10.72 and a beta of 0.22. Pollen Street Group has a twelve month low of GBX 628 ($8.13) and a twelve month high of GBX 848 ($10.98). The business’s fifty day moving average is GBX 759.30 and its 200 day moving average is GBX 730.78.

Pollen Street Group Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 60.50 ($0.78) per share. This represents a dividend yield of 1.09%. The ex-dividend date of this dividend 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 presently 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.