BAE Systems increases its 2016 interim dividend by 2%

DividendMax Ltd.

BAE Systems increases its 2016 interim dividend by 2%

Financial key points

-   Sales increased by £0.2bn to £8.7bn mainly due to exchange translation

-   Underlying EBITA increased by 6% to £849m, or 3% on a constant currency basis

-   Underlying earnings per share increased by 2% to 17.4p

-   Large order backlog of £36.3bn

-   Interim dividend increased by 2% to 8.6p per share

-   Net debt of £2.0bn on utilisation of customer advances

-   Group's share of the pre-tax accounting net pension deficit increased by £1.6bn to £6.1bn

Companies mentioned