Speedy Hire announce dividend payments resumed with final dividend of 1.40p per share proposed

DividendMax Ltd.

Speedy Hire announce dividend payments resumed with final dividend of 1.40p per share proposed

As a result of the COVID-19 pandemic the Speedy Hire Group utilised Government support schemes and implemented cost reduction measures across the business that affected colleagues and other stakeholders.  As a consequence the Board resolved not to pay a final dividend for FY2020 nor an interim dividend for FY2021.  Following the strong performance in the second half of the year and the robust balance sheet, the Board is recommending a final dividend of 1.40 pence per share for the year ended 31 March 2021. If approved at the forthcoming Annual General Meeting the dividend will be paid on 24 September 2021 to shareholders on the register at close of business on 13 August 2021.

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