CQS Natural Resources Growth and Income (LON:CYN) Releases Earnings Results

CQS Natural Resources Growth and Income (LON:CYN) posted its quarterly earnings data on Thursday. The company reported GBX 0.63 ($0.01) earnings per share for the quarter, Digital Look Earnings reports. CQS Natural Resources Growth and Income had a return on equity of 6.63% and a net margin of 68.67%.

CQS Natural Resources Growth and Income Stock Up 0.9 %

CYN opened at GBX 190.88 ($2.46) on Thursday. The business’s fifty day simple moving average is GBX 186.53 and its 200 day simple moving average is GBX 188.08. CQS Natural Resources Growth and Income has a 52 week low of GBX 164.01 ($2.11) and a 52 week high of GBX 207 ($2.67). The stock has a market cap of £120.03 million, a PE ratio of 13.57 and a beta of 1.00.

CQS Natural Resources Growth and Income Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, April 2nd. Investors of record on Thursday, March 27th will be given a GBX 10 ($0.13) dividend. The ex-dividend date is Thursday, March 27th. This is a positive change from CQS Natural Resources Growth and Income’s previous dividend of $1.26. This represents a yield of 1.07%. CQS Natural Resources Growth and Income’s payout ratio is 42.64%.

Insiders Place Their Bets

In related news, insider Louise Hall acquired 2,500 shares of the stock in a transaction on Thursday, February 6th. The stock was purchased at an average price of GBX 187 ($2.41) per share, for a total transaction of £4,675 ($6,019.05). 12.62% of the stock is owned by insiders.

About CQS Natural Resources Growth and Income

CQS Natural Resources Growth and Income Trust plc (LSE: CYN) actively invests in global energy and mining companies, with a focus on total return. It also pays a regular quarterly dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.