Dividends
At the full year we announced that the quarterly dividend would increase to 7.09 pence per share, bringing the total dividend declared for the half year to 14.18 pence per share. The dividend paid in the half year was 13.84 pence (H1 2014/15: 13.50 pence).
The dividend pay-out ratio was improved over the prior period at 88% (H1 2014/15: 90%) in line with our ambition to continue to improve this further over the medium-term.
