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

Pollen Street Group (LON:POLN) issued its earnings results 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 Stock Performance

Shares of LON POLN traded down GBX 10 ($0.13) during mid-day trading on Thursday, hitting GBX 762 ($9.81). 52,083 shares of the stock were exchanged, compared to its average volume of 117,200. The company has a market cap of £469.62 million, a P/E ratio of 10.58 and a beta of 0.22. Pollen Street Group has a twelve month low of GBX 640 ($8.24) and a twelve month high of GBX 848 ($10.92). The stock’s fifty day simple moving average is GBX 757.94 and its two-hundred day simple moving average is GBX 731.26.

Pollen Street Group Increases Dividend

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