Fintel (LON:FNTL) Issues Earnings Results

Fintel (LON:FNTL) announced its quarterly earnings results on Tuesday. The company reported GBX 13.20 ($0.17) earnings per share (EPS) 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 Fintel stock traded up GBX 5 ($0.07) during trading hours on Thursday, hitting GBX 261 ($3.40). 26,337 shares of the company were exchanged, compared to its average volume of 236,621. Fintel has a 1 year low of GBX 240.90 ($3.13) and a 1 year high of GBX 329 ($4.28). The company has a current ratio of 0.75, a quick ratio of 0.85 and a debt-to-equity ratio of 17.73. The business has a 50-day moving average of GBX 268.85 and a 200-day moving average of GBX 276.06. The stock has a market capitalization of £274.01 million, a price-to-earnings ratio of 46.80 and a beta of 1.17.

Fintel Increases Dividend

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

Insider Transactions at Fintel

In other Fintel news, insider David Thompson acquired 8,064 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was purchased at an average price of GBX 267 ($3.47) per share, for a total transaction of £21,530.88 ($28,009.47). Company 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.