Fintel (LON:FNTL) Posts Earnings Results

Fintel (LON:FNTL) announced its earnings results on Tuesday. The company reported GBX 13.20 ($0.17) earnings per share for the quarter, Digital Look Earnings reports. Fintel had a net margin of 8.56% and a return on equity of 5.86%.

Fintel Price Performance

Fintel stock opened at GBX 261 ($3.40) on Thursday. The business has a 50 day simple moving average of GBX 268.85 and a 200-day simple moving average of GBX 276.06. Fintel has a 12 month low of GBX 240.90 ($3.13) and a 12 month high of GBX 329 ($4.28). The company has a debt-to-equity ratio of 17.73, a current ratio of 0.75 and a quick ratio of 0.85. The stock has a market capitalization of £274.01 million, a PE ratio of 46.80 and a beta of 1.17.

Fintel Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 22nd will be paid a GBX 2.45 ($0.03) dividend. This is an increase from Fintel’s previous dividend of $1.20. This represents a dividend yield of 0.99%. The ex-dividend date is Thursday, May 22nd. Fintel’s dividend payout ratio (DPR) is 71.73%.

Insider Activity at Fintel

In other Fintel news, insider David Thompson acquired 8,064 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average price of GBX 267 ($3.47) per share, with a total value of £21,530.88 ($28,009.47). 41.30% of the stock is currently owned by insiders.

Fintel Company Profile

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.