Clarkson increase dividend for 16th consecutive year to 25p per share

DividendMax Ltd.

Clarkson increase dividend for 16th consecutive year to 25p per share

Clarkson have increased their dividend by 1p per share to 25p per share. The Company has now delivered 16 years of consecutive dividend growth.

Other financial highlights include:

Robust first half performance despite challenges remaining in the shipping, offshore and capital markets

Particularly strong trading in the broking division

Underlying profit before taxation of £20.1m (2018: £19.2m)

Underlying earnings per share of 48.5p (2018: 45.8p)

Robust balance sheet, with £58.3m of free cash resources1 (30 June 2018: £44.1m)

Outlook for the full year remains unchanged

Companies mentioned