Accuracy Coverage Pricing Help Centre Contact

Inland Homes announce second interim dividend of 2.25p per share, which together with the first interim dividend of 0.85p, makes a total dividend of 3.10p per share

Investment Tools Ltd.
Inland Homes announce second interim dividend of 2.25p per share, which together with the first interim dividend of 0.85p, makes a total dividend of 3.10p per share

In recognition of the Group's continued growth and its planning consent achievements, the Inland Homes Board has declared the payment of a second interim dividend of 2.25p per share. This, together with the first interim dividend of 0.85p (2018: 0.65p) per share already paid, will make total dividends of 3.10p (2018: 2.20p) per share. As a result, there will be no proposed final dividend for the 15-month period ended 30 September 2019.

Other financial highlights include:

EPRA NAV up 13.2% to £233.9m (30 June 2018: £206.7m)

EPRA NAV per share 113.69p per share (30 June 2018:102.28p)

Revenue at £147.9m (30 June 2018: £147.4m)

Gross profit at £32.5m (30 June 2018: £31.8m)

Gross margin up to 22.0% (28 June 2018: 21.6%)

Profit before taxation at £25.0m (30 June 2018: £19.3m)

Net debt at £152.3m (30 June 2018: £79.7m), predominantly due to the increase in the land bank and work in progress; this is expected to fall as a number of realisations are achieved 

EPRA net gearing of 65.1% (30 June 2018: 38.6%)

Companies mentioned

Latest News

Investment Tools Limited

RPS Group have announced a proposed final dividend of 2.00p (FY 2018: 5.08p) providing full year dividend of 4.42p (FY 2018: 9.88p). This follows the rebasing of the dividend announced at H1 2019 and reflects the stated new, sustainable dividend policy of paying out 40% of adjusted earnings.

Read more
Investment Tools Limited

The HSBC Board has announced that the Group's capital strength, has given the Board the confidence to approve an unchanged dividend of $0.51 for 2019.

Read more
Investment Tools Limited

Final proposed dividend up 19% at 2.335 cents per share ($12.0 million) bringing the full-year total dividend to $22.2 million (2018: $20.0 million)

Read more
Investment Tools Limited

The BHP Board has determined to pay an additional amount of 14 US cents per share or US$0.7 billion, taking the interim dividend to 65 US cents per share or US$3.3 billion. This is the second highest ordinary dividend announced and is equivalent to a 63 per cent payout ratio (31 December 2018: 75 per cent).

Read more
Investment Tools Limited

The Ashmore plc Board intends to pay a progressive ordinary dividend over time, taking into consideration factors such as the prospects for the Group's earnings, demands on the Group's financial resources, and the markets in which the Group operates.

Read more
Investment Tools Limited

The Beazley board announces a second interim dividend of 8.2p per ordinary share, in line with their strategy of delivering 5-10% dividend growth. Together with the first interim dividend of 4.1p this takes the total dividends declared for 2019 to 12.3p per ordinary share (2018: first interim dividend of 3.9p plus a second interim dividend of 7.8p, totalling 11.7p).

Read more
Investment Tools Limited

Target Healthcare announce a second interim dividend of 1.67 pence per share declared for the year ending 30 June 2020, representing an increase of 1.5% on the 2019 quarterly dividends. On an annualised basis, this reflects a payment of 6.68 pence per share and a dividend yield of 5.5% based on the closing share price of 122.5 pence on 5 February 2020.

Read more
Investment Tools Limited

Redrow have declared an interim dividend of 10.5p, up 5% on the previous year. A dividend of £72m was paid in the six months to 31 December 2019 (six months to 31 December 2018: £70m).

Read more
Investment Tools Limited

Barratt Developments have a defined dividend policy with the Group paying an ordinary dividend cover of 2.5 times. They have previously announced that when market conditions allow, ordinary dividends will be supplemented with special returns. As previously announced the Board intends to pay a special return of £175m in November 2020. Demonstrating the Board's confidence in the business going forward, it now proposes to pay a further special return of £175m in November 2021.

Read more
Investment Tools Limited

The Smurfit Kappa Board is recommending a final dividend of 80.9 cent per share, a 12% increase year-on-year. It is proposed to pay the final dividend on 15 May 2020 to shareholders registered at the close of business on 17 April 2020.

Read more
More News