Accuracy Coverage Pricing Contact

Anglo Pacific increases its 2017 full year dividend by 16.7%

Investment Tools Ltd.
Anglo Pacific increases its 2017 full year dividend by 16.7%

Anglo Pacific 2017 final results

Record £37.4m in royalty income, an increase of 90% on last year (2016: £19.7m)

Free cash flow more than tripled in 2017 to £41.5m (2016: £13.4m) resulting in free cash flow per share of 23.20p (2016: 7.93p)

72% increase in adjusted earnings per share to 16.82p (2016: 9.76p) which excludes non-cash valuation items that do not impact on dividend cover

16.7% increase in the total dividend for 2017 to 7p per share (2016: 6p per share) with dividend cover, based on adjusted earnings, of 2.4x (2016: 1.6x)

Cash of £8.1m at 31 December 2017 (31 December 2016: Net debt £1.0m) after investing £29.4m, paying £15.9m dividends and repaying all outstanding borrowings

Companies mentioned

Latest News

Investment Tools Limited

Redcentric decided to increase the dividend to reflect a cover of 2 times adjusted earnings. This will result in a final dividend of 1.0p per share.

Read more
Investment Tools Limited
Investment Tools Limited

Dixons Carphone 2019 Final Results

Read more
Investment Tools Limited
Investment Tools Limited

Ashstead 2019 full-year results

Read more
Investment Tools Limited
Investment Tools Limited
Investment Tools Limited

Workspace 2019 interim results

Read more
Investment Tools Limited

Avon Rubber 2018 final results

Read more
Investment Tools Limited

Adept technology 2019 interim results

Read more
More News