London Stock Exchange increases its 2016 full year dividend by 20%

DividendMax Ltd.

London Stock Exchange increases its 2016 full year dividend by 20%

2016 Highlights

Total income up 17% to £1,657.1 million (2015: £1,418.6 million)

Total revenue up 14% to £1,515.6 million (2015: £1,324.7 million)

Adjusted operating expenses continue to be well controlled, at £791.6 million - up 4% on an organic and constant currency basis as the Group invests in growth and efficiency projects

FTSE Russell delivered strong growth and integration synergies of US$78 million p.a. are ahead of schedule; on track to reach €40 million of annual cost savings at LCH by end of 2017

Adjusted operating profit up 17% at £685.8 million (2015: £584.7 million); operating profit of £426.8 million (2015: £404.4 million); adjusted profit before tax up 21% at £623.1 million (2015: £516.4 million)

Adjusted EPS up 21% at 124.7 pence (2015: 103.4 pence); basic EPS of 63.8 pence (2015: 74.8 pence)

Proposed final dividend increased to 31.2 pence per share - a 20% increase in the full year dividend to 43.2 pence per share - reflecting the strong outlook for the Group 

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