Chesnara (LON:CSN) Posts Earnings Results

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

Chesnara Stock Performance

Shares of LON:CSN opened at GBX 273 ($3.53) on Friday. The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55. Chesnara has a one year low of GBX 240 ($3.11) and a one year high of GBX 289.50 ($3.75). The business’s 50-day simple moving average is GBX 265.02 and its 200 day simple moving average is GBX 259.79. The company has a market cap of £415.39 million, a P/E ratio of 99.57 and a beta of 0.44.

Chesnara Increases Dividend

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

Insider Activity

In other Chesnara news, insider Steve Murray bought 11,012 shares of the stock in a transaction dated Friday, March 28th. The stock was bought at an average cost of GBX 272 ($3.52) per share, for a total transaction of £29,952.64 ($38,768.63). 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.