Recent articles for private investors with a focus on dividend announcements
Diversified Gas & Oil has declared an interim dividend of 4.00 cents per share Diversified Gas & Oil PLC (LSE: DGOC), is to announce that the Board has declared an interim dividend of 4.00 cents per share in respect of Q1'21 for the three month period ended 31 March 2021.
Royal Dutch Shell announce an interim dividend in respect of the first quarter of 2021 of US$ 0.1735 The Board of Royal Dutch Shell plc (“RDS” or the “Company”) today per A ordinary share (“A Share”) and B ordinary share (“B Share”).
Sainsbury's PLC announce a proposed final dividend of 7.4 pence, full year dividend 10.6 pence The Sainsbury's Board has proposed a final dividend of 7.4 pence per share. This brings the full year dividend to 10.6 pence per share, which is in line with last year (when treating the Special dividend announced in November 2020 of 7.3 pence as part of 2019/20), despite lower underlying profits. This diverges from their policy of a dividend covered 1.9x by underlying earnings, reflecting strong underlying cash generation and consistent with the commitment the Board made in November to protect shareholder income from the full impact of COVID-19 on profits.
The Edinburgh Investment Trust plc declare a third interim dividend for the year ended 31 March 2021 of 6.00 pence per ordinary share The Directors of The Edinburgh Investment Trust plc (the “Company”) announce that they have declared a third interim dividend for the year ended 31 March 2021 of 6.00 pence per ordinary share (2020: 6.40p). The dividend is payable on 28 May 2021 to Ordinary Shareholders on the register on 7 May 2021. The shares will be quoted ex-dividend on 6 May 2021.
BP announce a dividend of 5.25 cents per share for the quarter BP today announced an interim dividend of 5.25 cents per ordinary share which is expected to be paid on 18 June 2021 to ordinary shareholders and American Depositary Share (ADS) holders on the register on 7 May 2021. The ex-dividend date will be 6 May 2021. The corresponding amount in sterling is due to be announced on 8 June 2021, calculated based on the average of the market exchange rates over three dealing days between 3 June 2021 and 7 June 2021. Holders of ADSs are expected to receive $0.315 per ADS (less applicable fees). The board has decided not to offer a scrip dividend alternative in respect of the first quarter 2021 dividend. Ordinary shareholders and ADS holders (subject to certain exceptions) will be able to participate in a dividend reinvestment programme.
Hipgnosis Songs Fund Limited announce a dividend of 1.3125 pence per ordinary share Hipgnosis Songs Fund Limited announce the Company's interim dividend (the 'Dividend') for the period from 1 January to 31 March 2021 in respect of the Ordinary shares.
Lok'nStore announce an interim dividend 4.33 pence per share up 8.25% Lok'nStore's dividend payments to shareholders reflect the growth in the underlying Cash Available for Distribution (CAD) which is up 20.0% on an annualised basis.
Jadestone PLC announce a recommended dividend for 2020 of USȼ1.08 per share The Jadestone PLC Directors intend to recommend a 2020 final dividend of USȼ1.08/share, or US$5.0 million in total. The Directors intend to recommend the 2020 final dividend following the completion of the internal restructuring, including the arrangement agreement becoming effective on or around 23 April 2021, and the completion of the capital reduction of Jadestone Energy plc which is expected to become effective during the second half of May. At that point, the Directors will confirm the recommended 2020 final dividend, including the record date and the ex dividend date. Jadestone Energy plc's first annual general meeting ("AGM") is scheduled for 16 June 2021, at which time it is expected that shareholders will vote to approve this 2020 final dividend. The actual payment date is expected to occur seven calendar days following the AGM.
Carrs Group announce an interim dividend of A first interim dividend of 1.175 pence per ordinary share will be paid by Carrs Group on 8 June 2021 to shareholders on the register on 30 April 2021. The ex-dividend date will be 29 April 2021.
Vectura Group announce a proposed special dividend of 19pence per share The proposed Special Dividend of approximately £113 million in aggregate represents 19 pence per Existing Ordinary Share. The Vectura Group Board is proposing to pay the Special Dividend to Shareholders on the Register as at 6.00 p.m. on 28 May 2021.
Associated British Foods announces an interim dividend of 6.2pence per share Further to the announcement released earlier today by Associated British Foods plc (the 'Company') of its interim results for the 24 weeks ended 27 February 2021, the Company confirms that an interim dividend of 6.2 pence per share will be paid on 9 July 2021 to shareholders on the Company's register of members at the close of business on 4 June 2021.
Epwin PLC announce a recommencement of dividend payments, with proposed final dividend of 1.00 penny per share The Epwin PLC Board continues to be mindful of the importance of dividends to shareholders. Based on the performance for the year, cash generation of the business and year end net debt position, as well as recognising that no final dividend was declared in respect of the year ended 31 December 2019, the Board intends to recommend a modest final dividend of 1.00 penny per share in respect of the financial year ending 31 December 2020.
Tesco PLC announces a final dividend of 5.95 pence per share Tesco PLC announce a proposed final dividend of 5.95pps to take full year dividend to 9.15pps - in line with last year and an exception to their policy, reflecting the importance the Board places on dividends paid to shareholders and its confidence in future cash flows
Anglo Pacific Group announce a final dividend of 3.75pence per share Anglo Pacifc announce a recommended final dividend for 2020 of 3.75p, which will take the total dividend for 2020 to 9p per share.
Winkworth plc declare they will pay a dividend of 1.68p per ordinary share The Directors of M Winkworth Plc ("Winkworth" or the "Company") have announced that the Company will pay a dividend of 2.2p per ordinary share for the first quarter of 2021 to shareholders.
Next Fifteen Communications announce a reinstatement of the dividend policy with a final dividend proposed for the year ended 31 January 2021 of 7p per ordinary share Next Fifteen announce a final dividend of 7p per ordinary share will be paid on 13 August 2021 to shareholders listed on the register of members on 9 July 2021. Shares will go ex-dividend on 8 July 2021. In the prior year, given the macroeconomic backdrop due to Covid-19, the Group decided to suspend the final dividend. This makes the total dividend for the year 7p per share (2020: 2.5p).
JD Sports announces a final dividend of 1.44pence per share Given the significant contribution to profitability from the Group's international operations, particularly those in the United States, the JD Sports Board has concluded, after a careful and considered review, that it is appropriate to resume the payment of dividends. However, the Board also recognises that, in the current situation, dividends should be modest with funding retained for our ongoing development opportunities. Accordingly, the Board proposes paying a final dividend of 1.44p (2020: nil) per ordinary share which is at the same level as the final dividend made after the year to 2 February 2019. Subject to shareholder approval at our AGM, the proposed final dividend will be paid on 2 August 2021 to all shareholders on the register at 25 June 2021.
Caledonia Mining announce a 75% per cent increase from the previous quarterly dividend of 11 cents Caledonia's strategy to maximise shareholder value includes a quarterly dividend policy which the Board adopted in 2014. The Board will consider future increases in the dividend as appropriate in line with its prudent approach to risk management.
James Halstead announce an interim dividend declared of 4.25p James Halstead PLC declare an interim dividend of 4.25p per share payable on 4 June 2021 to those shareholders on the register at the close of business on 7 May 2021. Last year as the first lockdown commenced they declared a first interim dividend of 2.125p paid on 5 June 2020 followed by a second interim, also of 2.125p, paid on 10 September 2020.
Central Asia Metals have declared a final dividend of 8pence per share The Central Asia Metals Company's dividend policy is to return to shareholders a target range of between 30% and 50% of free cash flow, defined as net cash generated from operating activities less sustaining capital expenditure. The dividends will only be paid provided there is sufficient cash remaining in the Group to meet the ongoing contractual debt repayments and that banking covenants are not breached.
Animalcare have declared a final dividend of 2pence per share An interim dividend of 2.0 pence per share was paid in November 2020.
S & U announce final dividend of 43p per ordinary share to be paid on 9 July 2021 Throughout the pandemic, S&U has not furloughed staff nor taken any Government support. Therefore, they have decided this year that a combination of confidence in the post Covid recovery, S&U's financial strength and the prospects for their businesses justifies a final dividend of 43p per share (2020: 50p). Subject, as always, to the approval of shareholders at our AGM on the 20th May 2021, this final dividend will be paid on 9th July 2021 to those on the register on the 18th June 2021.
European Assets Trust PLC announces an April dividend of 2 pence per share European Assets Trust PLC ("the Company") announces that a dividend of 2.0 pence per share will be paid on 30 April 2021 to shareholders on the register on 9 April 2021, having an ex-dividend date of 8 April 2021.
BioVenrix plc announce a first interim dividend up 20% to 43p per share The BioVentix Board announces a first interim dividend of 43p per share which represents a 20% increase on last year (36 pence per share).
Smiths Group announce an interim FY2021 dividend of 11.7pence per share Smiths Group maintains a progressive dividend policy, aiming to increase dividends in line with long-term underlying growth in earnings and cash-flow. The policy enables them to retain sufficient cash-flow to finance investment in the drivers of growth to meet our financial obligations. In setting the level of dividend payments, the Board considers prevailing economic conditions and future investment plans, along with the objective to maintain minimum dividend cover of around 2 times.
International Public Partnerships announce full-year dividend increase of 2.5% to 7.36 pence per share The International Public Partnerships Company aims to manage its finances efficiently, to provide the financial flexibility to pursue new investment opportunities, whilst minimising levels of unutilised cash holdings. Efficient financial management is achieved through actively monitoring cash held and generated from operations, ensuring cash covered dividends and managed levels of corporate costs. This is supported by appropriate hedging strategies and prudent use of the Company's corporate debt facility ('CDF').
Learning Technologies announce a proposed dividend maintained at 2019 level despite impact on the business from COVID-19 The Learning Technologies Board is committed to a progressive dividend policy. Based on strong cash generation and an improved trading outlook and promising recent acquisitions, the Board is confident about the year ahead. It is therefore recommending a final dividend of 0.50 pence per share (2019: 0.50 pence), giving a total dividend for the year of 0.75 pence per share, in line with the prior year.
Primary Health Properties announces PID dividend of 1.55 The Primary Health Properties Company announces that the second quarterly interim dividend in 2021 of 1.55 pence per ordinary share of 12.5 pence each will be paid as a Property Income Distribution ("PID") on 21 May 2021 to shareholders on the register on 6 April 2021. The Company will be offering a scrip alternative with this dividend.
Secure Trust Bank announce a final dividend of 44pence per share The Board decided not to pay a final dividend in respect of 2019 or a 2020 interim dividend in order to conserve capital. They are to announce that the Board proposes a final dividend for 2020 of 44 pence, recognising both the performance for 2020 and the absence of a final dividend in 2019. The dividend results in an average payout ratio of 25% over the two years. If approved at the AGM, this dividend will be paid on 21 May 2021 to shareholders on the register as at 23 April 2021.
TClarke announce a final dividend of 3.65pence per share The TClarke Board is proposing a final dividend of 3.65p (2019: 3.65p), maintaining the 2019 dividend level. Total dividend for the year therefore remains at 4.4p (2019: 4.4p). The dividend is covered 2.2 times by underlying earnings. TClarke recognises that many of its shareholders invest for dividends.
Softcat PLC announce an interim dividend of 6.4p per share, up 18.5% The Softcat Board is pleased to declare an interim dividend of 6.4p per share (2020: 5.4p), amounting in total to £12.7m. The interim dividend will be payable on 14 May 2021 to shareholders on the register at the close of business on 1 April 2021. Shares in the Company will be quoted ex-dividend on 31 March 2021. The dividend reinvestment plan ("DRIP") election date is 23 April 2021.
Bellway PLC announce an interim dividend has been reinstated at 35.0p per share The proposed interim dividend was approved by the Bellway Board on 23 March 2021 and, in accordance with IAS 10 'Events after the Reporting Period', has not been included as a liability in these condensed consolidated interim financial statements. The interim dividend will be paid on Thursday 1 July 2021 to all ordinary shareholders on the Register of Members on Friday 21 May 2021. The ex-dividend date is Thursday 20 May 2021.
Kenmare PLC announce a full year 2020 dividend recommended of USc10.00 per share, up 22% on 2019, comprised of a USc2.31 per share interim dividend The Kenmare Board is recommending a 22% increase in dividends for 2020 with a final dividend of USc7.69 per share. In line with plans to increase shareholder returns, they are also increasing their target dividend payment from a minimum of 20% profit after tax to 25% for 2021.
Judges Scientific announce a final dividend of 38.5p, totalling 55.0p for the year, an increase of 10% The Judges Scientific Board is recommending a final dividend of 38.5p per share subject to approval at the forthcoming Annual General Meeting on 26 May 2021, which will make a total distribution of 55.0p per share in respect of 2020 (2019: 50.0p per share, excluding the special dividend). Despite the impact of the pandemic on financial performance in 2020, the total dividend per share is 3.2 times covered by adjusted earnings per share (2019: 4.5 times). Their policy of increasing the dividend by a minimum of 10% per year is only sustainable because there is ample cover.
Alliance Pharma confirm a final dividend of 1.074pence per share Alliance Pharma announce a proposed final dividend payment of 1.074p per share, giving a total dividend of 1.610p (2019: 0.536p)
Personal Group Holdings announce a dividend post-period end of 5.1p per share Following the outbreak of COVID-19, in May 2020 the Personal Group Board took the decision to reduce the second quarter dividend as a measure of prudence amidst the uncertain trading environment resulting from the pandemic. In November 2020, the Company also announced that, in light of further national lockdown restrictions and ongoing uncertainty at that time, any payment of its fourth and final dividend in respect of its financial year ending 31 December 2020 would be made following publication of its audited full year results in March 2021.
Boot(Henry) announce a 3.3pence per share The Boot Board regularly reviewed the Group's financial position and considered the impact of CV-19 on trading conditions when deciding whether to continue paying a dividend during the pandemic. Given the Group's confidence in our strong balance sheet and that we operate in markets that will continue to deliver returns over the longer term, the Board has proposed to continue to pay a dividend and concluded to pay a final dividend of 3.3p, which together with the 2.2p interim dividend, gives a total of 5.5p (2019: 5.0p) for the year. Payment of the final dividend is subject to shareholder approval at the Annual General Meeting and will be paid on 28 May 2021 to shareholders on the register as at 30 April 2021.
Mortgage Advice Bureau proposed final dividend of 19.2p Mortgage Advice Bureau announce a proposed final dividend of 19.2p (payout ratio of 75% on adjusted profit after tax(2)), making proposed total dividends for the year of 25.6p (2019: 17.5p)
Centamin PLC declares a final dividend of 3 US cents per share The Centamin Board has proposed a final dividend of 3 US cents per share, equating to US$34.7 million to be distributed to shareholders, subject to shareholder approval at the annual general meeting on 11 May 2021
Cenkos Securities announce a final dividend of 2.5 pence per share The Cenkos Securities Board is confident in the Group's strong capital position and encouraged by the strategic direction it is heading in and has announced a 2.5p final dividend which brings the full year dividend to 3.5p a share. Since being admitted to AIM they have returned £115.1m of cash to shareholders, equivalent to 178.3p per share, before the payment of the proposed 2020 final dividend of 2.5p per share.
Kingfisher announce dividend payments resumed with a proposed total dividend per share of 8.25p for FY 20/21 The Kingfisher Board have confirm that they will be resuming dividend payments beginning with a proposed total dividend of 8.25 pence per share (approximately £175 million) in respect of the year ended 31 January 2021. The proposed dividend of 8.25 pence per share comprises an interim dividend of 2.75 pence per share in respect of the six months ended 31 July 2020 and a final dividend of 5.50 pence per share. The final dividend is subject to the approval of shareholders at the Annual General Meeting on 30 June 2021, and will be paid alongside the interim dividend on 5 July 2021 to shareholders on the register at close of business on 4 June 2021.
Sanne Group announce a final dividend of 9.9 pence per share Sanne Group PLC remains well placed to continue delivering a resilient financial performance and capture the growth potential in their markets. Reflecting confidence in this, the Board is recommending a final dividend of 9.9 pence per ordinary share (2019: 9.4 pence), taking the total dividend for the year, including the interim dividend of 4.8 pence per share, to 14.7 pence per share (2019: 14.1 pence in total).
888 Holdings announce a final dividend of 12c per share bringing the total for the year to 18c The 888 Holdings Board of Directors is recommending a final dividend of 10.4¢ per share in accordance with 888's dividend policy, plus an additional one-off 1.6¢ per share to acknowledge the record-breaking performance of the Group in 2020, bringing the total for the year to 18.0¢ per share (2019: 6.0¢ per share).
EMIS PLC announce a final dividend of 16.0pence per share Subject to shareholder approval at the Annual General Meeting on 6 May 2021, the EMIS Board proposes an increase in the final dividend to 16.0p (2019: 15.6p) per ordinary share, payable on 14 May 2021 to shareholders on the register at the close of business on 16 April 2021. This would make a total dividend of 32.0p (2019: 31.2p) per ordinary share for 2019. This is 3% higher than in the prior year, reflecting a balance of the challenging trading environment experienced in 2020 with the consistent underlying growth of the Group and its positive future prospects.
Genel Energy PLC have announced a final dividend of 10cents per share In 2019, the Genel Energy Boards confidence in their business plan to replace and grow producing asset cash generation at value accretive cost was demonstrated by the commencement of a material and sustainable dividend, and $41 million was distributed to shareholders in the year.
Fevertree Drinks PLC announce a proposed full year dividend of 15.68 pence per share, an increase of 4% year-on-year The Fevertree Group remains committed to a progressive dividend policy and as such, the Board is recommending a final dividend of 10.27 pence per share in respect of 2020 (2019: 9.88 pence per share) bringing the total dividend for the year to 15.68 pence per share (2019: 15.08 pence per share). If approved by shareholders at the AGM on 20 May 2021 the final dividend will be paid on 28 May 2021 to shareholders on the register on 9 April 2021.
Ferrexpo PLC announce a final dividend 39.6 US Cents In respect of the strong operational and financial performance in 2020, coupled with transition to net cash position and continued healthy iron ore prices, Ferrexpo have announced a further special interim dividend is being proposed of 39.6 US cents. Total dividends paid in respect of 2020 amount to 72.6 US cents (2019: 19.8 US cents).
Centaur Media are proposing a final dividend of 0.5p per share Following the cancellation of the 2019 final and 2020 interim dividends, Centaur's resilience has given the Board confidence to propose a final dividend of 0.5p per share for the 2020 financial year. The Board is also recommending a resumption of their normal dividend policy which aims to distribute 40% of adjusted earnings after taxation, subject to a minimum of 1p per share, and will also consider resuming further returns of capital to shareholders once the longer-term impact of Covid on the Group's cash flows becomes clearer.
STV announce cash dividend reinstated at 6p (2020 full year of 9p) The STV Board has recommended a return to cash dividend payments and a final dividend of 6.0p per share for 2020, giving a full year cash equivalent dividend of 9.0p, +43% on 2019
Sabre Insurance announces a final dividend of 6.8pence per share combined with a special dividend of 4.9pence per share The Sabre Insurance Directors have proposed a total final dividend of 11.7p per share in respect of 2020, consisting of an ordinary final dividend of 6.8p per share and a special dividend of 4.9p. The total amount proposed to be distributed to shareholders by way of dividends for 2020 is therefore 16.0p per share, including the ordinary interim dividend of 4.3p per share. This does not include the special dividend of 5.2p per share paid in August 2020, which represented a deferral of the 2019 special dividend. Including this, the total dividend paid and declared in respect of 2020 is 21.2p per share. Excluding the capital required to pay this dividend, the Group's SCR coverage ratio at 31 December 2020 would be 155%. This is consistent with the Group's policy to pay an ordinary dividend of 70% of profit after tax, and to consider passing excess capital to shareholders by way of a special dividend.
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