Insider Buying: Chesnara plc (LON:CSN) Insider Purchases £29,952.64 in Stock

Chesnara plc (LON:CSN) insider Steve Murray bought 11,012 shares of the business’s stock in a transaction on Friday, March 28th. The stock was bought at an average price of GBX 272 ($3.52) per share, for a total transaction of £29,952.64 ($38,728.52).

Chesnara Stock Performance

Shares of CSN stock opened at GBX 273 ($3.53) on Monday. Chesnara plc has a 12-month low of GBX 240 ($3.10) and a 12-month high of GBX 289.50 ($3.74). The business’s fifty day simple moving average is GBX 265.02 and its 200-day simple moving average is GBX 259.82. The company has a current ratio of 2.55, a quick ratio of 38.06 and a debt-to-equity ratio of 62.42. The company has a market cap of £415.39 million, a PE ratio of 99.57 and a beta of 0.44.

Chesnara (LON:CSN) last posted 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%. Analysts expect that Chesnara plc will post 25.3183154 earnings per share for the current fiscal year.

Chesnara Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 23.95 ($0.31) per share. The ex-dividend date is Thursday, April 10th. This represents a yield of 4.24%. This is a boost from Chesnara’s previous dividend of $8.61. Chesnara’s payout ratio is currently 875.33%.

Chesnara Company Profile

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.