Pollen Street Group (LON:POLN) Issues Earnings Results

Pollen Street Group (LON:POLN) released its quarterly earnings data on Tuesday. The company reported GBX 78.80 ($1.02) EPS 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 %

POLN opened at GBX 751.90 ($9.72) on Tuesday. Pollen Street Group has a 52 week low of GBX 610 ($7.88) and a 52 week high of GBX 848 ($10.96). The business’s fifty day simple moving average is GBX 759.46 and its 200 day simple moving average is GBX 730.33. The stock 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 issued a dividend of GBX 60.50 ($0.78) per share. This is a positive change from Pollen Street Group’s previous dividend of $26.50. The ex-dividend date is Thursday, April 10th. This represents a dividend yield of 1.09%. Pollen Street Group’s payout ratio is presently 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.