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Chesnara raises dividend in 'extraordinary half year'

Chesnara PLC's (LON:CSN) John Deane joins Proactive London to discuss their latest results. 

The company’s solvency ratio also rose to 166% compared to 155% at the end of September.

Deane refers to the 'extraordinary half year' and believes there will be an impact on new business as a consequence in the latter part of the year.

He goes to explain the decision to raise the dividend as cash reserves and its solvency position were largely unchanged in the half-year to end June.

Quick facts: Chesnara PLC

Price: 266.5 GBX

LSE:CSN
Market: LSE
Market Cap: £405.18 m
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Chesnara PLC to continue to pay dividends despite pandemic disruption

Chesnara PLC's (LON:CSN) John Deane tells Proactive London's Andrew Scott they'll continue to pay dividends despite the coronavirus (COVID-19) pandemic disruption. The group raised its dividend by 3% to 21p for the year ended December 31, 2019, as its economic value - which includes the value...

on 15/4/20

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