Chesnara Plc (CSN) to Issue Dividend Increase – GBX 13.46 Per Share

Chesnara Plc (LON:CSN) announced a dividend on Friday, March 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 11th will be paid a dividend of GBX 13.46 ($0.18) per share on Friday, May 24th. This represents a dividend yield of 3.56%. The ex-dividend date of this dividend is Thursday, April 11th. This is a positive change from Chesnara’s previous dividend of $7.21. The official announcement can be accessed at this link.

LON:CSN traded up GBX 4.50 ($0.06) during trading hours on Friday, hitting GBX 359.50 ($4.70). 37,487 shares of the stock traded hands, compared to its average volume of 85,656. The company has a debt-to-equity ratio of 24.72, a current ratio of 36.57 and a quick ratio of 35.37. Chesnara has a 1 year low of GBX 310.50 ($4.06) and a 1 year high of GBX 419.50 ($5.48). The company has a market capitalization of $538.92 million and a P/E ratio of 22.47.

Separately, Shore Capital reissued a “house stock” rating on shares of Chesnara in a report on Friday, March 29th.

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Chesnara Company Profile

Chesnara plc, together with its subsidiaries, engages in life assurance and pension businesses primarily in the United Kingdom, the Netherlands, and Sweden. The company operates through CA, Movestic, Waard Group, and Scildon segments. It underwrites life risks, such as death, disability, health, and accident; and provides a portfolio of investment contracts for the savings and retirement needs of customers through asset management.

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Dividend History for Chesnara (LON:CSN)

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