Fintel (LON:FNTL) Announces Earnings Results

Fintel (LON:FNTL) posted its earnings results on Tuesday. The company reported GBX 13.20 ($0.17) earnings per share for the quarter, Digital Look Earnings reports. Fintel had a return on equity of 5.86% and a net margin of 8.56%.

Fintel Stock Performance

Shares of FNTL stock opened at GBX 258.40 ($3.36) on Thursday. The business’s fifty day simple moving average is GBX 268.85 and its 200-day simple moving average is GBX 276.06. The company has a market cap of £271.28 million, a PE ratio of 46.34 and a beta of 1.17. The company has a current ratio of 0.75, a quick ratio of 0.85 and a debt-to-equity ratio of 17.73. Fintel has a 12-month low of GBX 240.90 ($3.13) and a 12-month high of GBX 329 ($4.28).

Fintel Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 22nd will be given a dividend of GBX 2.45 ($0.03) per share. The ex-dividend date of this dividend is Thursday, May 22nd. This is an increase from Fintel’s previous dividend of $1.20. This represents a dividend yield of 0.99%. Fintel’s dividend payout ratio is presently 71.73%.

Insider Transactions at Fintel

In other Fintel news, insider David Thompson purchased 8,064 shares of Fintel stock in a transaction dated Wednesday, February 12th. The shares were acquired at an average cost of GBX 267 ($3.47) per share, with a total value of £21,530.88 ($28,009.47). Insiders own 41.30% of the company’s stock.

Fintel Company Profile

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.