CQS Natural Resources Growth and Income (LON:CYN) Issues Quarterly Earnings Results

CQS Natural Resources Growth and Income (LON:CYNGet Free Report) announced its earnings results on Thursday. The company reported GBX 0.63 ($0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. CQS Natural Resources Growth and Income had a return on equity of 6.63% and a net margin of 68.67%.

CQS Natural Resources Growth and Income Trading Down 0.4 %

CQS Natural Resources Growth and Income stock traded down GBX 0.75 ($0.01) during midday trading on Thursday, reaching GBX 188.50 ($2.43). 3,951 shares of the stock traded hands, compared to its average volume of 385,717. The firm has a market cap of £118.53 million, a PE ratio of 13.40 and a beta of 1.00. The company has a 50-day simple moving average of GBX 186.53 and a two-hundred day simple moving average of GBX 188.08. CQS Natural Resources Growth and Income has a 12-month low of GBX 164.01 ($2.11) and a 12-month high of GBX 207 ($2.67).

CQS Natural Resources Growth and Income Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, April 2nd. Investors of record on Thursday, March 27th will be issued a GBX 10 ($0.13) dividend. This represents a dividend yield of 1.07%. The ex-dividend date is Thursday, March 27th. This is an increase from CQS Natural Resources Growth and Income’s previous dividend of $1.26. CQS Natural Resources Growth and Income’s payout ratio is currently 42.64%.

Insider Transactions at CQS Natural Resources Growth and Income

In related news, insider Louise Hall acquired 2,500 shares of the business’s stock in a transaction dated Thursday, February 6th. The shares were acquired at an average price of GBX 187 ($2.41) per share, with a total value of £4,675 ($6,019.05). Corporate insiders own 12.62% of the company’s stock.

CQS Natural Resources Growth and Income Company Profile

(Get Free Report)

CQS Natural Resources Growth and Income Trust plc (LSE: CYN) actively invests in global energy and mining companies, with a focus on total return. It also pays a regular quarterly dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.

Further Reading

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