RELX increases its 2015 full year dividend by 14%

DividendMax Ltd.

RELX increases its 2015 full year dividend by 14%

Highlights

Ø +3% underlying revenue growth; full year total £5,971m/€8,240m

Ø +5% underlying adjusted operating profit growth; full year total £1,822m/€2,514m

Ø Underlying revenue and adjusted operating profit growth across all four business areas

Ø +8% adjusted EPS growth constant currency; +7% to 60.5p (56.3p); +20% to €0.835 (€0.698)

Ø Reported EPS for RELX PLC 46.4p (43.0p); RELX NV €0.682 (€0.568)

Ø Proposed full year dividend growth: +14% to 29.7p for RELX PLC; +5% to €0.403 for RELX NV

Ø Strong financial position & cash flow; leverage 2.2x EBITDA, pension & lease adjusted (1.8x unadjusted)

Ø £500m of share buybacks completed in 2015; announcing total of £700m for 2016

Companies mentioned