Chesnara (CSN)

Sector:

Insurance

Index:

FTSE Small Cap

260.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 286.00
  • 52 Week Low: 244.50
  • Currency: UK Pounds
  • Shares Issued: 150.86m
  • Volume: 128,782
  • Market Cap: £392.22m
  • RiskGrade: 146
  • Beta: 0.39

Chesnara raises dividend as profit increases

By Sean Farrell

Date: Thursday 31 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Chesnara increased its dividend as the life and pensions consolidator reported higher annual profit and solid financial strength.
Pretax profit under IFRS accounting rules rose to £28.8m in the year to the end of December from £24.6m a year earlier as commercial cash generation increased to £53m from £27.7m.

Chesnara proposed a final dividend of 14.7p a share, taking the annual payout to 22.6p - up 3% and marking 17 years of growth. The company's solvency ratio was 152% at the end of December - marginally lower than the 156% measure a year earlier.

Chief Executive Steve Murray said: "It's been another good year of performance at Chesnara with strong commercial cash generation supported by strong and stable solvency. Looking forward, we have clear line of sight to future sources of cash generation and remain positive about the outlook for acquisitions."

Chesnara shares rose 4% to 309.3p at 09:03 BST.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Chesnara Market Data

Currency UK Pounds
Share Price 260.00p
Change Today 5.00p
% Change 1.96 %
52 Week High 286.00
52 Week Low 244.50
Volume 128,782
Shares Issued 150.86m
Market Cap £392.22m
Beta 0.39
RiskGrade 146

Chesnara Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.53% above the market average87.53% above the market average87.53% above the market average87.53% above the market average87.53% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Price Trend
2.78% above the market average2.78% above the market average2.78% above the market average2.78% above the market average2.78% above the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Income
90.51% above the market average90.51% above the market average90.51% above the market average90.51% above the market average90.51% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
60.49% below the market average60.49% below the market average60.49% below the market average60.49% below the market average60.49% below the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Chesnara Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Sep-24 11-Apr-24
Paid 01-Nov-24 28-May-24
Amount 8.61p 15.61p

Trades for 06-Dec-2024

Time Volume / Share Price
16:35 62,241 @ 260.00p
16:35 791 @ 260.00p
16:35 31,488 @ 260.00p
16:35 1,589 @ 260.00p
16:35 2,616 @ 260.00p

Chesnara Key Personnel

Chair Luke Savage
CFO Tom Howard

Top of Page