Insider Selling: Chesnara plc (LON:CSN) Insider Sells 24,902 Shares of Stock

Chesnara plc (LON:CSN) insider David Rimmington sold 24,902 shares of Chesnara stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of GBX 252 ($3.17), for a total value of £62,753.04 ($78,825.57).

Chesnara Price Performance

CSN traded down GBX 2.50 ($0.03) on Tuesday, hitting GBX 252 ($3.17). 463,347 shares of the company’s stock traded hands, compared to its average volume of 152,458. The company’s 50 day simple moving average is GBX 260.06 and its 200-day simple moving average is GBX 260.44. The firm has a market cap of £380.14 million, a price-to-earnings ratio of -748.53 and a beta of 0.39. Chesnara plc has a one year low of GBX 242.70 ($3.05) and a one year high of GBX 290 ($3.64). The company has a current ratio of 2.38, a quick ratio of 38.06 and a debt-to-equity ratio of 58.24.

Chesnara Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Thursday, April 11th will be paid a GBX 15.61 ($0.20) dividend. This is an increase from Chesnara’s previous dividend of $8.36. The ex-dividend date is Thursday, April 11th. This represents a yield of 5.96%. Chesnara’s payout ratio is presently -7,058.82%.

About Chesnara

Chesnara plc, together with its subsidiaries, operates in life assurance and pension businesses primarily in the United Kingdom, the Netherlands, and Sweden. It operates through UK, Movestic, Waard Group, and Scildon segments. The company underwrites life risks, such as death, disability, health, and accident; and provides a portfolio of investment contracts for the savings and retirement needs of customers through asset management, as well as general insurance products.