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

Pollen Street Group (LON:POLN) posted its earnings results 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 Trading Up 5.0 %

LON:POLN opened at GBX 751.90 ($9.72) on Tuesday. The firm has a fifty day simple moving average of GBX 759.46 and a two-hundred day simple moving average of GBX 730.33. The stock has a market capitalization of £463.39 million, a price-to-earnings ratio of 10.44 and a beta of 0.22. Pollen Street Group has a 12 month low of GBX 610 ($7.88) and a 12 month high of GBX 848 ($10.96).

Pollen Street Group Increases Dividend

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