Whitbread increases its 2016 full year dividend by 6%

DividendMax Ltd.

Whitbread increases its 2016 full year dividend by 6%

Financial Results

Group total sales growth of 8.2% and underlying profit before tax up 6.2% to £565.2 million

Premier Inn total sales growth of 9.0%, and like for like sales up 2.3%

Costa total sales growth of 10.7%, system sales up 12.7% and UK equity like for like sales up 2.0%

Group return on capital of 15.2% (2015/16: 15.3%)

Cash generated from operations of £860.1 million, which funded cash capital investment of £609.8 million and a proposed full year dividend up 6.0% to 95.80 pence

Companies mentioned