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

Pollen Street Group (LON:POLN) issued its quarterly 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 Trading Up 1.3 %

Shares of Pollen Street Group stock opened at GBX 772 ($9.99) on Wednesday. The business 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 1-year low of GBX 628 ($8.13) and a 1-year high of GBX 848 ($10.98). The company has a market cap of £475.78 million, a P/E ratio of 10.72 and a beta of 0.22.

Pollen Street Group Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, April 10th will be issued 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 is Thursday, April 10th. This represents a yield of 1.09%. 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.