Chesnara (LON:CSN) Issues Earnings Results

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

Chesnara Stock Performance

Shares of LON CSN opened at GBX 269.50 ($3.49) on Friday. Chesnara has a 1 year low of GBX 240 ($3.11) and a 1 year high of GBX 289.50 ($3.75). The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55. The stock has a fifty day moving average price of GBX 264.76 and a two-hundred day moving average price of GBX 259.70. The firm has a market cap of £410.06 million, a P/E ratio of 98.29 and a beta of 0.44.

Chesnara Increases Dividend

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

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.