Burberry increases 2013 full year dividend by 10%

DividendMax Ltd.

Burberry increases 2013 full year dividend by 10%

Strong financial performance

Revenue £2,330m, up 17%

Adjusted profit before tax £461m, up 8%

- Reflecting the shift of Beauty from licensing to direct operation

Reported profit before tax £444m, up 27%

Full year dividend 32.0p, up 10%

- Moving progressively from 40% payout ratio to 50% over three years

Net cash £403m at year-end, up £106m

Companies mentioned