Chesnara (LON:CSN) Releases Earnings Results

Chesnara (LON:CSN) issued its quarterly earnings data on Friday. The company reported GBX 2.56 ($0.03) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Chesnara had a return on equity of 1.21% and a net margin of 1.02%.

Chesnara Stock Down 1.1 %

CSN opened at GBX 273 ($3.53) on Friday. The firm has a market cap of £415.39 million, a P/E ratio of 99.57 and a beta of 0.44. The business’s fifty day simple moving average is GBX 265.02 and its 200 day simple moving average is GBX 259.79. Chesnara has a 52 week low of GBX 240 ($3.11) and a 52 week high of GBX 289.50 ($3.75). The company has a quick ratio of 38.06, a current ratio of 2.55 and a debt-to-equity ratio of 62.42.

Chesnara Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, April 10th will be issued a GBX 23.95 ($0.31) dividend. This represents a dividend yield of 4.24%. This is a boost from Chesnara’s previous dividend of $8.61. The ex-dividend date is Thursday, April 10th. Chesnara’s payout ratio is 875.33%.

Insider Activity at Chesnara

In other news, insider Steve Murray purchased 11,012 shares of the stock in a transaction dated Friday, March 28th. The stock was acquired at an average cost of GBX 272 ($3.52) per share, for a total transaction of £29,952.64 ($38,768.63). 5.47% of the stock is currently owned by corporate insiders.

About Chesnara

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three-pillar strategy, Chesnara’s primary responsibility is the efficient administration of its customers’ life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests.