Redrow announce an interim dividend of 5pence per share

DividendMax Ltd.

Redrow announce an interim dividend of 5pence per share

Redrow plc have declared an interim dividend of 5 pence per share. This will be paid on 8 April 2024 to those shareholders on the register at the close of business on 23 February 2024.

Other financial highlights include:

Revenue in the first half £756m, down £275m due to the subdued housing market (2023: £1,031m)

Profit before tax at £84m (2023: £198m)

Macroeconomic headwinds led to sales rate of 0.36 private reservations per outlet per week for H1 (2023: 0.38)

Average outlets 119 (2023 H1: 120)

Companies mentioned