Pollen Street Group Limited (LON:POLN) Announces Dividend Increase – GBX 60.50 Per Share

Pollen Street Group Limited (LON:POLN) declared a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 60.50 ($0.78) per share on Tuesday, April 15th. This represents a dividend yield of 1.09%. The ex-dividend date is Thursday, April 10th. This is a 128.3% increase from Pollen Street Group’s previous dividend of $26.50. The official announcement can be viewed at this link.

Pollen Street Group Stock Up 5.0 %

Shares of LON:POLN opened at GBX 751.90 ($9.72) on Tuesday. The company’s 50-day moving average price is GBX 759.46 and its 200 day moving average price is GBX 730.33. The company has a market cap of £463.39 million, a PE ratio of 10.44 and a beta of 0.22. Pollen Street Group has a fifty-two week low of GBX 610 ($7.88) and a fifty-two week high of GBX 848 ($10.96).

Pollen Street Group (LON:POLN) last posted its earnings results on Tuesday, March 25th. The company reported GBX 78.80 ($1.02) EPS for the quarter. Pollen Street Group had a return on equity of 7.94% and a net margin of 70.52%. As a group, equities analysts anticipate that Pollen Street Group will post 70.0302725 EPS for the current year.

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.