Pollen Street Group (LON:POLN) Stock Price Down 1.6% - Here's Why

Shares of Pollen Street Group Limited (LON:POLN - Get Free Report) were down 1.6% during mid-day trading on Friday . The company traded as low as GBX 758 ($10.20) and last traded at GBX 758 ($10.20). Approximately 56,801 shares were traded during trading, a decline of 50% from the average daily volume of 114,537 shares. The stock had previously closed at GBX 770 ($10.36).

Pollen Street Group Trading Up 1.8%

The firm has a market capitalization of £475.78 million, a PE ratio of 10.72 and a beta of 0.22. The business has a 50 day moving average price of GBX 739.61 and a 200-day moving average price of GBX 745.28.

Pollen Street Group (LON:POLN - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported GBX 78.80 ($1.06) earnings per share (EPS) for the quarter. Pollen Street Group had a return on equity of 7.94% and a net margin of 70.52%. On average, equities research analysts forecast that Pollen Street Group Limited will post 70.0302725 earnings per share for the current year.

Pollen Street Group Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 15th. Investors of record on Thursday, April 10th were issued a GBX 60.50 ($0.81) dividend. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 1.09%. This is a boost 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.