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

Pollen Street Group (LON:POLN) posted its earnings results on Tuesday. The company reported GBX 78.80 ($1.02) earnings per share 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 5.0 %

Shares of Pollen Street Group stock opened at GBX 751.90 ($9.72) on Tuesday. The business has a 50 day moving average of GBX 759.46 and a 200 day moving average of GBX 730.33. Pollen Street Group has a 52 week low of GBX 610 ($7.88) and a 52 week high of GBX 848 ($10.96). The company has a market cap of £463.39 million, a PE ratio of 10.44 and a beta of 0.22.

Pollen Street Group Increases Dividend

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