Accuracy Coverage Pricing Contact

Centaur today announce a dividend equivalent to 3.5p per share, including a special dividend

Investment Tools Ltd.
Centaur today announce a dividend equivalent to 3.5p per share, including a special dividend

Centaur media is today announcing a dividend payment of £5m, equivalent to 3.5p per share, payable on 25 October 2019. This includes a 2p per share special dividend as the first distribution of the proceeds from the recent disposals. Centaur intends to make further returns of cash in 2020 with these payments being subject to, inter alia, satisfactory group performance and ensuring the group has sufficient working capital to continue to invest in its strategy.

Other financial highlights include:

  • Xeim underlying revenues declined by 4% to £19.7m due to deliberate management actions to close low margin products combined with trading weaknesses at Econsultancy's US operations and MarketMakers 
  • The Lawyer increased underlying revenues by 11% to £4.3m
  • Strong growth from information Influencer Intelligence data analytics platform and e-learning products 
  • Adjusted operating loss of £1.3m (2018: £1.8m) includes central overhead costs of supporting four businesses sold during the first half
  • Central cost savings resulting from the disposals planned from the second half of 2019
  • Group statutory profit after taxation of £6.0m (2018: £0.5m) due to gains on disposal of subsidiaries 
  • Net cash of £14.4m at 30 June 2018 (2018: £1.8m) after receiving £16.0m of net disposal proceeds in the period

Companies mentioned

Latest News

Investment Tools Limited

The Walker Greenbank Board has declared an interim dividend of 0.52p per share (H1 2018: 0.69p) with the previous year's dividend pay-out ratio expected to be maintained for the current financial year. The interim dividend will be payable on 22 November 2019 to shareholders on the register as at 25 October 2019.

Read more
Investment Tools Limited

Bellway have announced that their growth in earnings has enabled the board to recommend a 5.3% increase in the final dividend to 100.0p per share (2018 - 95.0p), increasing the proposed total dividend for the year by 5.2% to 150.4p per share (2018 - 143.0p). 

Read more
Investment Tools Limited

The N Brown Group Plc Board is declaring an interim dividend of 2.83p per share which is flat on last year's interim dividend.

Read more
Investment Tools Limited

As a result of the progress made with their strategy, the Morses Club Board is delighted to declare an interim dividend of 2.6p per share 

Read more
Investment Tools Limited

Volution paid an interim dividend of 1.60 pence per share in May 2019. On the basis of their results and financial position, the Volution Board has proposed a final dividend of 3.30 pence per share, giving a total dividend for the financial year of 4.90 pence (2018: 4.44 pence per share), an increase of 10.4% on the previous year.

Read more
Investment Tools Limited

Despite the underlying profit before tax being down year-on-year, the Board is proposing to increase the interim dividend by 0.05p (2.9%) to 1.80p, which is in line with our stated dividend policy of cover being between 1.5 and 2.0 times underlying earnings per share. 

Read more
Investment Tools Limited

PHP announces the payment of its fourth quarterly interim dividend in 2019 of 1.4 pence per ordinary share of 12.5 pence each (Ordinary Shares). The dividend will comprise a Property Income Distribution (PID) of 0.5 pence per share and an ordinary dividend of 0.9 pence per share. The Company will be offering a scrip alternative with this dividend.

Read more
Investment Tools Limited

The Board has declared an interim dividend of 7.8p (2018: 17.9p), which will be payable on 22 November 2019 to shareholders on the register at the close of business on 11 October 2019.

Read more
Investment Tools Limited

The interim dividend has been set at 2.65 pence per ordinary share, an increase of 58.7% year-on-year. The interim dividend was approved by the Board of Directors on 1 October 2019. As previously announced, they anticipate a split of broadly one-third to two-thirds between the interim and final dividend and expect a full year dividend pay-out ratio of 50%.

Read more
Investment Tools Limited

The Next Fifteen Board has resolved to pay an interim dividend of 2.5p per share, which is a 15.7% increase on the interim dividend for last year. This will be paid on 22 November 2019 to shareholders whose names appear on the register of members at close of business on 25 October 2019.

Read more
More News