James Halstead announce final dividend per ordinary share proposed of 10.0p- up 3.6%

DividendMax Ltd.

James Halstead announce final dividend per ordinary share proposed of 10.0p- up 3.6%

The James Halstead board proposes an increased final dividend. The final dividend will be 10.0p (2018: 9.65p) representing a 3.6% increase which, combined with the interim dividend paid in June 2019 of 4.0p (2018: 3.85p), makes a total of 14.0p (2018: 13.5p) for the year, an increase of 3.7%.

Other financial highlights include:

Revenue at £253.0 million (2018: £249.5 million) - up 1.4%

Profit before tax £48.3 million (2018: £46.7 million) - up 3.4%

Earnings per 5p ordinary share of 18.2p (2018: 17.7p) - up 2.8%

Cash £68.7 million (2018: £50.7 million) - nil gearing

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