Chesnara plc (LON:CSN) Announces Dividend Increase – GBX 23.95 Per Share

Chesnara plc (LON:CSN) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 23.95 ($0.31) per share on Monday, April 14th. This represents a dividend yield of 4.24%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 178.2% increase from Chesnara’s previous dividend of $8.61. The official announcement can be viewed at this link.

Chesnara Price Performance

CSN stock opened at GBX 269.50 ($3.49) on Friday. The business has a 50 day moving average price of GBX 264.76 and a 200 day moving average price of GBX 259.70. The company has a quick ratio of 38.06, a current ratio of 2.55 and a debt-to-equity ratio of 62.42. The stock has a market cap of £410.06 million, a price-to-earnings ratio of 98.29 and a beta of 0.44. Chesnara has a fifty-two week low of GBX 240 ($3.11) and a fifty-two week high of GBX 289.50 ($3.75).

Chesnara (LON:CSN) last released its quarterly earnings data on Friday, March 28th. The company reported GBX 2.56 ($0.03) earnings per share for the quarter. Chesnara had a net margin of 1.02% and a return on equity of 1.21%. Equities research analysts anticipate that Chesnara will post 25.3183154 earnings per share for the current fiscal year.

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.