Chesnara (LON:CSN) Issues Quarterly Earnings Results

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

Chesnara Price Performance

Shares of LON CSN opened at GBX 273 ($3.53) on Friday. The company has a current ratio of 2.55, a quick ratio of 38.06 and a debt-to-equity ratio of 62.42. The stock has a fifty day simple moving average of GBX 265.02 and a two-hundred day simple moving average of GBX 259.81. Chesnara has a 1-year low of GBX 240 ($3.11) and a 1-year high of GBX 289.50 ($3.75). The firm has a market cap of £415.39 million, a price-to-earnings ratio of 99.57 and a beta of 0.44.

Chesnara Increases Dividend

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

Insider Buying and Selling at Chesnara

In other Chesnara news, insider Steve Murray acquired 11,012 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The stock was bought at an average cost of GBX 272 ($3.52) per share, with a total value of £29,952.64 ($38,768.63). Corporate insiders own 5.47% of the company’s stock.

Chesnara Company Profile

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.