Recent articles for private investors with a focus on dividend announcements
Standard Chartered announce a proposed final 2020 ordinary dividend of $284m or 9c per share The Standard Chartered Board is recommending the payment of a full-year ordinary dividend of $284 million or 9 cents per share.
Genus announces an interim dividend of 10.3pence per share On 24 February 2021, the Genus PLC Directors proposed an interim dividend of 10.3 pence per share payable on 1 April 2021.
Berkeley Group Holdings announces an interim dividend of 9.13pence per share The Directors of the Berkeley Group are to announce that an interim dividend of 9.13 pence per share will be paid on 19 March 2021 to shareholders on the Company's register of members at close of business on 5 March 2021. The ex-dividend date is 4 March 2021.
Hikma Pharmaceticals announce a full year dividend of 50 cents per share, up from 44 cents per share in 2019 The Hikma Pharmaceticals Board is recommending a final dividend of 34 cents per share (approximately 24 pence per share) (2019: 30 cents per share) bringing the total dividend for the full year to 50 cents per share (approximately 36 pence per share) (2019: 44 cents per share). The proposed dividend will be paid on 26 April 2021 to eligible shareholders on the register at the close of business on 19 March 2021, subject to approval at the Annual General Meeting on 23 April 2021.
Regional REIT to pay dividend of 1.50 pence per share As previously indicated Regional REIT will pay a dividend of 1.50 pence per share ("pps") for the period 1 October 2020 to 31 December 2020 (1 October 2019 to 31 December 2019: 1.90pps), which amounts to a total dividend of 6.4pps for 2020. The dividend payment will be made on 9 April 2021 to shareholders on the register as at 5 March 2021. The ex-dividend date will be 4 March 2021. The entire dividend will be paid as a REIT property income distribution ("PID").
Evraz PLC announces an interim dividend of An interim dividend of US$437.1 million (US$0.30 per share) has been declared by Evraz, reflecting the Board's confidence in the Group's financial position and outlook.
Inchcape dividend of 6.9p proposed for the year The Inchcape Board recommends a final ordinary dividend of 6.9p per ordinary share which is subject to the approval of shareholders at the 2021 Annual General Meeting. In reaching its decision, the Board has taken into account the extraordinary circumstances that the business endured during the year, and a broad range of stakeholder perspectives. If approved, the dividend will be paid on 21 June 2021 to all shareholders on the register on 14 May 2021.
Serco PLC announces a restart to dividend payments with a dividend of 1.4pence The Serco Group PLC Board recommends restarting dividends, last paid to Serco shareholders in 2014, with a payment of 1.4p in respect of the 2020 financial year.
DRAX Group announces a proposed final dividend of 10.3 pence per share The DRAX Group Board proposes to pay a final dividend in respect of 2020 of £41 million, equivalent to 10.3 pence per share, making the full year 2020 dividend £68 million (17.1 pence per share) (2019: £63 million, 15.6 pence per share). This represents a 7.5% increase on 2019 and is consistent with their policy to pay a dividend which is sustainable and expected to grow as the strategy delivers stable earnings, strong cash flows and opportunities for growth.
Lloyds Bank announces a final ordinary dividend of 0.57 pence per share in accordance with regulatory guidelines The Lloyds Board has recommended a final ordinary dividend of 0.57 pence per share, the maximum allowed under the regulator's guidelines (PRA guidelines)
Town Centre Securities announces an interim dividend of 1.75p An interim dividend of 1.75p per share (HY20 3.25p) will be paid by Town Centre Securities as a property income distribution and will amount to £0.9m. It will be paid on the 25 June 2021 to shareholders registered on 28 May 2021. The final dividend for 2020 of 1.75p was paid on the 5 January 2021.
Glanbia PLC announces a recommended final dividend per share of 15.94 cent Glanbia announces a total dividend maintained at 2019 levels representing a payout ratio of 36.1% ahead of target range of 25% to 35% due to strong cash flow. Recommended final dividend per share of 15.94 cent, total 2020 dividend 26.62 cent.
Reckitt Benckiser Group announces a full Year dividend of 174.6p The Reckitt Board announces a full Year Dividend of 174.6p in line with policy and guidance from February 2020
Springfield Properties announces an interim dividend of 1.3p per share The Springfield Properties Board is pleased to declare an interim dividend of 1.3p per share with an ex-dividend date of 4 March 2021, a record date of 5 March 2021 and a payment date of 25 March 2021
Clinigen Group PLC announces interim dividend of 2.15p The Clinigen PLC Board is committed to a sustainable and progressive dividend policy and expects interim and final dividend payments to be split approximately one-third to two-thirds respectively.
Dechra Pharmaceuticals announces interim dividend increased by 8.0% to 11.11 pence The Dechra PLC Board to declare an interim dividend of 11.11 pence per share, which represents a growth of 8.0% on the prior period. The dividend will be payable on 7 April 2021 to shareholders on the Register at 5 March 2021. The ordinary shares will become ex-dividend on 4 March 2021.
Sylvinia Platinum plc announces final dividend of 1.6 pence per ordinary share The Sylvinia PLC Board have declared a final dividend of 1.60 pence per ordinary share on 7 September 2020 with a record date of 30 October 2020 and payment date of 4 December 2020.
Tristel PLC announces an interim dividend of 2.62p per share, up 12% TheTristel PLC Board is recommending an interim dividend of 2.62 pence (2019: 2.34 pence), an increase of 12%. The interim dividend will be paid on 30 April 2021 to shareholders on the register on 9 April 2021, with an ex-dividend date of 8 April 2021.
Segro PLC announces a 2020 full year dividend increased by 6.8 per cent to 22.1 pence Segro PLc announces a 2020 full year dividend increased by 6.8 per cent to 22.1 pence (2019: 20.7 pence). Final dividend increased by 5.6 per cent to 15.2 pence (2019: 14.4 pence).
NatWest announces 3 pence proposed final dividend The company announces that the directors have recommended a final dividend of £364 million, or 3p per ordinary share (2019 - nil), subject to shareholder approval at the Annual General Meeting on 28 April 2021.
Kingspan PLC announces final dividend of per share of 20.6 cent The Kingspan PLC Board has proposed a final dividend of 20.6 cent per ordinary share payable on 7 May 2021 to shareholders registered on the record date of 26 March 2021. No interim dividend (2019: 13.0 cent) was declared during the year given the uncertain backdrop for much of 2020. The final dividend proposed for 2019 of 33.5 cent was subsequently cancelled in order to preserve cash at the outset of the pandemic. In summary, therefore, the total dividend for 2020 is 20.6 cent compared to 13.0 cent for 2019 (as adjusted for the cancellation).
South32 Limited have announced an interim dividend of 1.2 cents per share South32 Limited (ASX, JSE, LSE: S32; ADR: SOUHY) (South32) announced that the Board has resolved to pay an interim dividend of US 1.4 cents per share (fully franked) for the half year ended 31 December 2020. The record date for determining entitlements to dividends is 12 March 2021; payment date is 8 April 2021.
Barclays PLC announces a resumed dividend payment Barclays PLC is a holding company and its principal sources of income are, and are expected to continue to be, distributions (in the form of dividends and interest payments) from operating subsidiaries which also hold the principal assets of the Group. As a separate legal entity, Barclays PLC relies on such distributions in order to be able to meet its obligations as they fall due (including its payment obligations with respect to its debt securities) and to create distributable reserves for payment of dividends to ordinary shareholders.
The Hays plc Board intends to resume core dividends, with a single full-year payment based on 3x earnings cover Hays plc Core dividends and capital return timetable: the Group's trading and cash generation have been considerably more resilient than our modelled scenarios at the time of their equity issuance. Accordingly, the Board intends to resume core dividends, with a single full-year payment based on 3x earnings cover, to be declared at their Prelims in August. Additionally, the Board has identified £150 million of surplus capital, which it intends to return to shareholders via special dividend, in two phases. Their expect to commence with a £100 million payment, declared at their FY21 Prelims.
Smith & Nephew announce a full Year 2020 dividend distribution of 37.5¢ per share, unchanged from 2019 The Smith and Nephew Board, having reflected upon the resilience of the business and the strength of their balance sheet, is recommending a Final Dividend of 23.1¢ per share (46.2¢ per ADS). Together with the Interim Dividend of 14.4¢ per share (28.8¢ per ADS), this will give a total distribution of 37.5¢ per share (75.0¢ per ADS), unchanged from 2019 and in line with their progressive dividend policy. Subject to confirmation at their Annual General Meeting, the Final Dividend will be paid on 12 May 2021 to shareholders on the register at the close of business on 6 April 2021.
Hochschild announces a final proposed dividend of 2.335 cents per share A proposed dividend in respect of the year ending 31 December 2020 of 2.335 US cents per share, amounting to a total dividend of US$12,000,000, is subject to approval at the Hochschild Annual General Meeting to be held on 21 May 2021 and is not recognised as a liability as at 31 December 2020.
MoneySupermarket announces a full year dividend maintained at 11.71p The MoneySupermarket Board has recommended a final dividend of 8.61 pence per share (2019: 8.61p), making the proposed full year dividend 11.71 pence per share (2019: 11.71p). This reflects the ongoing strong cash generation of the business, strong balance sheet and the Board's confidence in the future prospects of the Group.
British American Tobacco plc have declared an interim dividend of 215.6p per ordinary share The British American Tobacco Board has declared an interim dividend of 215.6p per ordinary share of 25p for the year ended 31 December 2020, payable in four equal quarterly instalments of 53.9p per ordinary share in May 2021, August 2021, November 2021 and February 2022. This represents an increase of 2.5% on 2019 (2019: 210.4p per share), and a pay-out ratio, on 2020 adjusted diluted earnings per share, of 65.0%.
Plus500 announces a final dividend of $55.6m (FY 2019: $40.6m), $0.5422 per share Plus500 has continued to offer attractive returns for shareholders, returning since its IPO in 2013 a total of $1,196.4m to shareholders (of which $1,008.2m has been in cash dividends and $188.2m has been through share buybacks). This includes all dividends and the share buyback programmes in relation to FY 2020.
BHP announces an interim dividend of $1.01 per share The BHP plc Board has determined to pay an interim dividend of US$1.01 per share (or US$5.1 billion), equivalent to an 85% payout ratio on an underlying basis.
Redrow announces dividends reinstated with interim dividend of 6.0p per share (2020: Nil) The Redriw plc Board has resumed dividend payments with an interim dividend of 6p (2020: 0p).
Lancashire Holdings announce a final dividend of $0.10 per common share Lancashire Holdings announces that its Board of Directors has declared a final dividend for 2020 of $0.10 (approximately £0.08) per common share, subject to a shareholder vote of approval at the AGM to be held on 28 April 2021, which will result in an aggregate payment of approximately $24.4 million. On the basis that the final dividend is approved by shareholders at the AGM, the dividend will be paid in Pounds Sterling on 4 June 2021 (the “Dividend Payment Date”) to shareholders of record on 7 May 2021 (the “Record Date”) using the £ / $ spot market exchange rate at 12 noon London time on the Record Date.
Ashmore announces an interim dividend per share maintained at 4.80 pence The Ashmore Board intends to pay a progressive ordinary dividend over time, taking into consideration factors such as the prospects for the Group's earnings, demands on the Group's financial resources, and the markets in which the Group operates.
Dunelm Group announces it is resuming dividends with an interim of 12.0 pence The Dunelm Board has declared an interim dividend of 12 pence per share, recognising that no dividends were paid in respect of FY20. The amount of the final dividend will be decided in due course, considering the external environment at the time, together with an assessment of our balance sheet position. They remain committed to returning to their published capital and dividend policies over time, including returning any surplus cash to shareholders.
Tesco special dividend and share consolidation February 2021 Tesco has declared a special dividend of 50.93 pence per share following their divestment of their Malay and Thai operations. The special is to be paid on February 26th to shareholders of record on February 12th (Friday).
Smurfit Kappa announces a final dividend increased by 8% to 87.4 cent per share The Smurfit Kappa Board is recommending a final dividend of 87.4 cent per share (approximately €226 million). It is proposed to pay this dividend on 7 May 2021 to all ordinary shareholders on the share register at the close of business on 9 April 2021, subject to the approval of the shareholders at the AGM.
The Micro Focus Board has elected to reinstate the dividend and recommend a final dividend of 15.5 cents per share The Micro Focus board proposes a final dividend of 15.5 cents, taking total dividend per share to 15.5 cents for the period. The dividend will be paid in Pound Sterling equivalent to 11.3 pence per share, based on an exchange rate of £1 = $1.37, the rate applicable on 8 February 2021, the date on which the board resolved to propose the dividend. Subject to approval by shareholders, the dividend will be paid on 15 April 2021 to shareholders on the register at 12 March 2021.
The Amino plc Board recommends a dividend of 1.87p per share The Amino plc Board took the difficult decision to suspend the dividend in the light of the global pandemic and associated uncertainty. Their new dividend policy, to deliver returns to shareholders via growth and income, was announced in December and reflects the Company's growth ambitions. This policy of paying between 33-50% of adjusted EPS in dividend is expected to provide shareholders with a growing income stream whilst allowing the Company to invest in growth.
NNC Group announce an unchanged interim dividend of 1.5p per ordinary share Dividends of £8.8m paid in the period (H1 2020: £8.8m) comprised the final dividend for 2020 of 3.15p. The NCC Group Board is declaring an unchanged interim dividend of 1.5p per ordinary share (H1 2020: 1.5p).
St. Modwen plc announce a total dividend of 5.0 pence (2019: 3.6 pence), in line with the existing dividend policy It has been announced by St. Modwen's, who have not cut their Dividend payments in the fiscal year 2020, that Dividends paid during the year were in respect of the interim dividend for 2020. The proposed final dividend of 3.9 pence per share is subject to approval at the Annual General Meeting and has not been included as a liability in these financial statements. In light of the unprecedented circumstances related to Covid-19, the directors determined that it was not appropriate to pay the proposed final dividend for 2019 of 5.1 pence per share (amounting to £11.3m). Other financial highlights include:
Renishaw announces an interim dividend of 14.0 pence per share The Renishaw Board is reinstating the dividend programme and has approved an interim dividend of 14.0 pence net per share (2020: nil) which will be paid on 6 April 2021 to shareholders on the register on 5 March 2021.
Alumasc Group announces an interim dividend of 3.25pence per share An interim dividend of 3.25 pence per share is planned for payment in April 2021, reflecting the Alumasc Board's confidence in the underlying strength of the business and strategic growth opportunities available to it. This would be an increase from the 2.95 pence per share interim dividend that was planned for April 2020 but which was cancelled in light of the Pandemic's onset.
Unilever ividend maintained through the year and increased in the fourth quarter by 4% to €0.4268 per share The Unilever Board has declared a quarterly interim dividend for Q4 2020 of £0.3760 per Unilever PLC ordinary share or €0.4268 per Unilever PLC ordinary share at the applicable exchange rate issued by WM/Reuters on 2 February 2021.
Barratt plc to resume dividend payments with an interim dividend of 7.5 pence per share and continues to target a full year dividend cover of 2.5 times After what has been an unprecedented and challenging period, Barratt business has demonstrated its operational strength and financial resilience. Disciplined operating framework and the speed of management decision making and actions, both at the start of the pandemic and thereafter, have delivered both a rapid and robust recovery and a further strengthened balance sheet.
BP have announced a dividend of 5.25 cents per share for the quarter BP today announced a quarterly dividend of 5.25 cents per ordinary share ($0.315 per ADS), which is expected to be paid on 26 March 2021. The corresponding amount in sterling is due to be announced on 15 March 2021, calculated based on the average of the market exchange rates for the four dealing days commencing on 9 March 2021.
NWF announces a maintained interim dividend The NWF Board has approved an interim dividend per share of 1.0p (H1 2019: 1.0p). This will be paid on 5 May 2021 to shareholders on the register as at 19 March 2021. The shares will trade ex-dividend on 18 March 2021. The Group has a progressive dividend policy and has increased the annual dividend by approximately 5% in each of the last five years.
IDox announce a final dividend of 0.3p per share declared, in line with the stated intention to restore dividend payments The Idox Board has proposed a final dividend of 0.3p to be paid (2019: £Nil) for FY20 bringing the total for the year to 0.3p (2019: £Nil). The restoration of the dividend is in line with the Group's intention as stated in the FY19 results to introduce a final dividend in respect of FY20, taking into consideration the pace of recovery in business.
Porvair has announced a recommended final dividend of 3.3 pence bringing the full year dividend to 5.0 pence The Porvair Board re-affirms its progressive dividend policy and recommends a final dividend of 3.3 pence per share, a cost of £1.5 million (2019: 3.2 pence per share, a cost of £1.5 million). The full year dividend increases by 2% to 5.0 pence per share, a cost of £2.3 million (2019: 4.9 pence per share, a cost of £2.2 million). The Company had £17.9 million (2019: £19.2 million) of distributable reserves at 30 November 2020.
Hargreaves Lansdown announces an interim dividend up 6% to 11.9 pence per share (H1 2020: 11.2p) The Hargreaves Lansdown Board believes the Group has strong profitability, liquidity and a capital position to execute its strategy without financial constraint and to operate a sustainable and progressive ordinary dividend policy. They remain confident in our business model and the Board has declared a 6% rise in the interim dividend to 11.9 pence per share. The Board remains committed to paying special dividends when sufficient excess cash and capital exist after taking account of the Group's growth, investment and regulatory capital requirements at the time
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