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

Pollen Street Group (LON:POLN) announced its quarterly earnings data on Tuesday. The company reported GBX 78.80 ($1.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Pollen Street Group had a return on equity of 7.94% and a net margin of 70.52%.

Pollen Street Group Price Performance

POLN stock traded down GBX 8 ($0.10) during trading on Thursday, reaching GBX 764 ($9.84). The company had a trading volume of 784,717 shares, compared to its average volume of 129,210. Pollen Street Group has a 52 week low of GBX 640 ($8.24) and a 52 week high of GBX 848 ($10.92). The company has a market cap of £470.85 million, a P/E ratio of 10.61 and a beta of 0.22. The business has a 50 day moving average of GBX 757.94 and a 200 day moving average of GBX 731.26.

Pollen Street Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, April 10th will be paid a GBX 60.50 ($0.78) dividend. This is a positive change from Pollen Street Group’s previous dividend of $26.50. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 1.09%. Pollen Street Group’s dividend payout ratio (DPR) is presently 77.75%.

About Pollen Street Group

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.