Accuracy Coverage Pricing Contact

Bellway increases its 2018 full year dividend by 17.2%

Investment Tools Ltd.
Bellway increases its 2018 full year dividend by 17.2%

Bellway 2018 final results

Robust results and a strong balance sheet

Bellway exceeded the 10,000 homes barrier for the first time in its history, growing volume by 6.9% and completing the sale of 10,307 new homes (2017 - 9,644).

Return on capital employed ('RoCE') remained high at 27.2% (2017 - 27.6%).

A robust trading performance and ongoing focus on growth resulted in earnings per share rising by 14.2% to 423.4p (2017 - 370.6p), a record for the Group.

The substantial growth in earnings facilitated a 17.2% rise in the proposed total dividend per share to 143.0p (2017 - 122.0p), providing further returns for shareholders.

A strong balance sheet, with net cash of £99.0 million (2017 - £16.0 million), ensures that Bellway remains agile and is able to respond positively to new opportunities.

Companies mentioned

Latest News

Investment Tools Limited

Avon Rubber 2018 final results

Read more
Investment Tools Limited

Workspace 2019 interim results

Read more
Investment Tools Limited

Land Securities 2018 interim results

Read more
Investment Tools Limited

DCC 2019 interim results

Read more
Investment Tools Limited

B&M European value retail 2019 interim results

Read more
Investment Tools Limited

Adept technology 2019 interim results

Read more
Investment Tools Limited

Softcat 2018 final results

Read more
Investment Tools Limited

Bellway 2018 final results

Read more
Investment Tools Limited

Ferguson 2018 Final results

Read more
Investment Tools Limited

Inland Homes 2018 final results

Read more
More News