IG Group increases their 2-18 full year dividend by 34%

DividendMax Ltd.

IG Group increases their 2-18 full year dividend by 34%

IG Group 2018 Final results

Financial Summary

·      Net trading revenue £569.0 million (FY17: £491.1 million) - up 16%

·      Operating expenses excluding variable remuneration £254.2 million (FY17: £252.5 million) - up 1%

·      Operating profit £281.1 million (FY17: £213.4 million) - up 32%

·      Operating profit margin 49.4% (FY17: 43.5%) - up 5.9% points

·      Own funds generated from operations £320.9 million - 114% of operating profit

·      Basic EPS 61.7 pence (FY17: 46.2 pence) - up 34%

·      Final dividend of 33.51 pence per share; full year dividend 43.2 pence per share - up 34% 

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