Investor News

Winkworth ended the year with a strong net cash position and the directors are have announced that the Company will pay an increased dividend of 2.1p (2018: 1.9p) per share for the fourth quarter of 2019, bringing total dividend payments declared for the year to 7.8p (2018: 7.45p).

The Gately (Holdings) Board proposes an interim dividend of 2.9p (H1 19: 2.6p) per share that will be paid on 31 March 2020 to shareholders on the register at the close of business on 21 February 2020. The shares will go ex-dividend on 20 February 2020. This ensures shareholders' dividend growth is in line with PAT growth of 12.0% (H1 19: 18.0%).

The Shoe Zone Board is proposing to maintain the final dividend of 8.0p (2018: 8.0p) per share, giving a total ordinary dividend for the year of 11.5p (2018: 11.5p) per share, despite the fall in underlying earnings in the year. They believe that this demonstrates confidence in the future growth of the business while rewarding shareholders for their ongoing support. This results in a pay-out ratio above historical guidelines of 60% of earnings. 

The Board European Assets Trust board has confirmed that the Company's stated distribution policy of declaring, barring unforeseen circumstances, an annual dividend equivalent to six per cent of the net asset value per share at the end of the preceding year will be continued in 2020.   

Reflecting the Safestore's strong trading performance, the Board is recommending a 7.6% increase in the final dividend to 12.0 pence per share (FY2018: 11.15 pence per share) resulting in an increase of 7.7% in the total dividend to 17.5 pence per share for the year (FY2018: 16.25 pence per share).

Caledonia's strategy to maximise shareholder value includes a quarterly dividend policy which the Board of Directors adopted in 2014. The Board will consider future increases in the dividend as appropriate in line with its prudent approach to risk management.

Naked Wines announced in the FY19 results on 13 June 2019, that the final dividend was suspended, to be replaced with a special dividend equal to the final FY18 payment of 5.2p per share contingent on completion of the Majestic sale.

The Chemring Group Board is recommending a final dividend in respect of the year ended 31 October 2019 of 2.4p (2018: 2.2p) per ordinary share. With the interim dividend of 1.2p per share (2018: 1.1p), this results in a total dividend of 3.6p (2018: 3.3p) per share.

As set out at IPO in September 2016, the Hollywood Bowl Board has adopted a progressive ordinary dividend for the Group, reflecting its strong cash flow and profit, whilst allowing it to retain sufficient capital to fund its investment in existing centres as well as new centres, all to drive the long-term sustainable profitability of the business. 

The Electra plc Board has declared a first Special Dividend FY20 of £12 million or 31p per share payable on 24 January 2020 to shareholders on the register at close on 27 December 2019.

Fuller Smith & Turner announce an interim dividend of 7.80p (H1 2019: 7.80p) per 40p 'A' and 'C' ordinary share and 0.780p (H1 2019: 0.780p) per 4p 'B' ordinary share. This will be paid on Friday 10 January 2020 to shareholders on the register as at Friday 20 December 2019.

As announced in February 2019, the Anglo Pacific Group will pay a quarterly base dividend of 1.625p per share in respect of Q3 2019, with the final dividend for the year ended 31 December 2019 being announced in Q1 2020. The cumulative total dividends for the year ended 31 December 2019 will be no less than 9p per share.

Superdry announce today an interim dividend of 2.0 pence per share (1H19: 9.3 pence per share). The interim dividend will utilise an estimated £1.6m of shareholders' funds. The interim dividend will be paid on 24 January 2020 to shareholders on the register at the close of business on 20 December 2019. 

The Dixons Carphone Board has declared an interim dividend of 2.25p per share. The ex-dividend date is 24 December 2019, with a record date of 27 December 2019 and an intended payment date of 24 January 2020.

The Board of Directors of Highland Gold Mining Limited ("Highland Gold" or the "Company", AIM: HGM) have approved the payment of a second interim dividend for 2019 in the amount of £0.05 per share, to be distributed to shareholders on 17 January 2020. The ex-dividend date is 19 December 2019 and the record date is 20 December 2019.

Stagecoach Group plc have maintained the interim dividend at 3.8p per share. The 3.8p dividend is payable to shareholders on the register at 24 January 2020 and will be paid on 4 March 2020.

Begbies Traynor declare an increased interim dividend of 0.9p (2018: 0.8p), an increase of 13%, which builds on the increases over the two previous years and reflects their confidence in sustaining their financial track record of earnings growth. They remain committed to a long-term progressive dividend policy which takes account of the market outlook, earnings growth and investment plans.

Diversified Gas & Oil PLC (AIM: DGOC), the U.S. based owner and operator of natural gas, natural gas liquids, oil wells and midstream assets, is pleased to announce that the Board has declared an interim dividend of 3.50 cents per share in respect of the third quarter to the period ended 30 September 2019 (Q3 2018: 3.30 cents).

The Photo-Me Board is declaring a maintained interim dividend of 3.71 pence per Ordinary Share (H1 2019: 3.71 pence per share). This is line with the Board's intention to maintain a total dividend of 8.44 pence per ordinary share for the current financial year ending 30 April 2020. 

In line with its policy of providing a progressive dividend, having regard to both underlying profit and cash generation and to sustainability through the economic cycle, the Ashtead Group Plc Board has increased their interim dividend to 7.15p per share (2018: 6.5p per share). This will be paid on 5 February 2020 to shareholders on the register on 17 January 2020.

Since flotation in November 2003, RWS has pursued a progressive dividend policy. The highly cash generative business model and modest capex requirements have allowed for rapid debt repayment, acquisitions, continued organic investment in the business and an increasing dividend.

With the Group delivering a weaker performance in FY 2019 and some key industrial markets remaining weak, the final dividend will be held flat at 46.14p/share (FY 2018: 46.14p/share), with dividend cover at 1.8x (FY 2018: 2.2x). With year end net cash not exceeding the £85m threshold, no special dividend is proposed.

In line with Clipper's dividend policy and reflecting the Group's earnings growth, the Board is pleased to announce an interim dividend of 3.5 pence per share, which will be paid on 6 January 2020 to shareholders on the register at 13 December 2019. This represents an increase of 9.4% (0.3 pence per share) compared to the interim dividend of 3.2 pence paid in January 2019.

The Board continues to adopt a progressive dividend policy which is balanced with holding sufficient funds for future investment and their regulatory capital requirements. The Board has proposed a final ordinary dividend of 3.33p per share which takes the total ordinary dividend for the year to 4.83p per share, representing an increase (excluding the special dividend in the previous year) of 31% on the previous year. The final ordinary dividend will be paid, subject to shareholder approval at the Annual General Meeting (AGM) on 22 January 2020, to shareholders on the register at the close of business on 10 January 2020.

Smith (DS) declares an interim dividend for this half year of 5.4 pence per share (H1 2018/19: 5.2 pence per share). This represents an increase of 4%, demonstrating the confidence of the Board in the outlook for the Group. The dividend will be paid on 1 May 2020 to ordinary shareholders on the register at the close of business on 14 April 2020.

The Directors have declared an interim dividend of 8.45 pence (H1 2019: 8.20 pence) per share payable on 17 January 2020 to shareholders on the register at 13 December 2019. The dividend declared will absorb an estimated £3,342,000 (H1 2019: £3,247,000) of shareholders funds.  The dividend proposed at the year-end was subsequently approved at the AGM in July 2019 and £8,705,000 was paid in the period (H1 2019: £7,606,000 was paid). The cost of dividends in the Statement of Changes in Equity is after adjustments for the interim and final dividends waived by the Vp Employee Trust in relation to the shares it holds for the Group's share option schemes.

In line with Stock Spirits Group plc progressive dividend policy, their proposed final dividend results in a total dividend for the year up +5.1% on the prior period 'enhanced' dividend, which was paid for the 9 month prior period. The final proposed dividend is 6.31 €cents per share (final dividend for the 9 month to Sept 2018: 6.01 €cents). In total for the year, this results in dividends of 8.94 €cents per share (9 month to Sept 2018: 8.51 €cents per share).

In accordance with the dividend policy previously announced, an interim dividend of 0.83p per share will be paid on 10 January 2020 to shareholders on the register at the close of business on 6 December 2019.

The Amigo Board is proposing an interim dividend of 3.1p, an increase of 65.8%, from 1.87p. The interim dividend will be paid on 29 January 2020 to ordinary shareholders on the register on 10 January 2020. The ex-dividend date will be 9 January 2020.

An interim ordinary dividend of 23.6 pence per share and an additional interim dividend of 18.4 pence per share have been declared. The total dividend of 42.0 pence per share will be paid in equal instalments of 21.0 pence per share on 30 December 2019 and 9 March 2020.

Virgin Money Holdings UK announce ordinary dividend suspended for FY19; progressive and sustainable dividend ambition remains and the Board will reconsider dividends for FY20 in line with normal practice

The Brewin Dolphin Board are proposing a final dividend of 12.0p per share, to be approved at the 2020 AGM and to be paid on 12 February 2020 to shareholders on the register at the close of business on 10 January 2020 with an ex-dividend date of 9 January 2020.

Subject to approval at the AGM, Grainger announce their final dividend of 3.46p per share (gross) amounting to £21.2m will be paid on 10 February 2020 to shareholders on the register at the close of business on 3 January 2020. Shareholders will again be offered the option to participate in a dividend re-investment plan and the last day for election is 17 January 2020. An interim dividend of 1.73p per share amounting to a total of £10.5m was paid to shareholders on 5 July 2019.

London Metric has continued to declare quarterly dividends and has offered shareholders a scrip alternative to cash payments. 

The board of Empiric Student Property plc has declared a dividend of 1.25 pence per Ordinary Share in respect of the quarter ended 30 September 2019, payable on 20 December 2019 to all Ordinary Shareholders on the register on 6 December 2019. The ex-dividend date will be 5 December 2019.

Maintaining a progressive dividend policy and recognising their confidence in the future, Iomart will pay an interim dividend of 2.60p per share (H1 2019: 2.45p) on 31 January 2020 to shareholders on the register on 20 December 2019, with an ex-dividend date of 19 December 2019. This dividend represents an increase of 6% on the interim dividend of last year and a pay-out ratio of 31% of the adjusted diluted earnings per share for the interim period.

The Britvic Board are recommending a final dividend of 21.7 pence per share, an increase of 6.9% on the dividend declared last year, with a total value of £57.3m. The full year dividend is 30.0p, representing a year-on-year increase of 6.4%.  The final dividend for 2019 will be paid on 5 February 2020 to shareholders on record as at 6 December 2019. The ex-dividend date is 5 December 2019.

The Marston's proposed final dividend of 4.8 pence per share provides a total dividend for the year of 7.5 pence per share, in line with 2018. Dividend cover is 1.8 times. In the medium term, their dividend policy remains to maintain cover of around 2 times. The Board is committed to maintaining the dividend at the current level during this period of debt reduction focus.

An interim dividend of 35p per share will be paid on 6 March 2020 to shareholders on the register on 7 February 2020.

The Appreciate Group Plc Board has declared an interim dividend of 1.05p per share, in line with last year (H1 2018: 1.05p). The dividend will be paid on 6 April 2020 to shareholders on the register on 28 February 2020. Appreciate Group's dividend policy is linked to the cash they generate and business performance. Maintaining the dividend in a period of transformation reflects the Board's confidence in the strategic plan and the future financial benefits that it is expected to realise.