Keystone Law Group propose a final ordinary dividend of 10.9p

DividendMax Ltd.

Keystone Law Group propose a final ordinary dividend of 10.9p

The Keystone Board is proposing to pay a final ordinary dividend for the year ended 31 January 2023 of 10.9p per share (2022: 11.2p), bringing the total ordinary dividend for the year to 16.1p (2022: 15.7p).

Other financial highlights include:

Revenue growth of 8.1% to £75.3 million (2022: £69.6 million)

Revenue per Principal up 4.1% to £190k (2022: £182.5k)

PBT of £8.4 million (2022: £8.4 million)

Adjusted PBT of £9.2 million, up 6.3% v Underlying Adjusted PBT 2022 of £8.7 million

Adjusted basic EPS of 24.2 pence, up 2.5% from 23.6 pence

Strong operating cash conversion at 96.5% with cash generated from operations of £9.3 million (2022: £10.0 million); the Group remains debt-free

Companies mentioned