Steve Murray Purchases 11,012 Shares of Chesnara plc (LON:CSN) Stock

Chesnara plc (LON:CSN) insider Steve Murray bought 11,012 shares of the company’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, for a total transaction of £29,952.64 ($38,768.63).

Chesnara Stock Down 1.1 %

Shares of LON:CSN opened at GBX 273 ($3.53) on Friday. The company has a debt-to-equity ratio of 62.42, a current ratio of 2.55 and a quick ratio of 38.06. The stock has a market cap of £415.39 million, a P/E ratio of 99.57 and a beta of 0.44. Chesnara plc 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 fifty day moving average price of GBX 265.02 and a 200 day moving average price of GBX 259.79.

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

Chesnara Increases Dividend

The company 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. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 4.24%. This is a boost from Chesnara’s previous dividend of $8.61. Chesnara’s dividend payout ratio is currently 875.33%.

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.