Fonix Mobile Plc to declare increased interim dividend of 2.6p per share

DividendMax Ltd.

Fonix Mobile Plc to declare increased interim dividend of 2.6p per share

Fonix Mobile Plc to declare there increased interim dividend of 2.6p per share, in line with the company's progressive dividend policy to pay out at least 75% of adjusted EPS to shareholders in the form of an ordinary dividend each period. The interim dividend will be paid on 29 March 2024 to shareholders on the register on 22 March 2024, with an ex-dividend date of 21 March 2024.

Other financial information includes: 

  • Record levels of commercial trade were achieved in December.
  • New Subscription Manager product has now been released in preparation for major charity events in 2024.
  • Fonix continues to maintain high client retention, with over 99% of income of a repeating nature.
  • 100% platform uptime throughout the Period whilst supporting record levels of transactions and consumer engagement.
  • Fonix's key service lines have each grown in the Period and the business retains a significant pipeline of enterprise prospects going into H2 FY24.

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