MoneySupermarket announce a full year dividend increased by 6% reflecting a progressive dividend policy

DividendMax Ltd.

MoneySupermarket announce a full year dividend increased by 6% reflecting a progressive dividend policy

The MoneySupermarket Board has recommended a final dividend of 8.61 pence per share (2018: 8.10p), making the proposed full-year dividend 11.71 pence per share (2018: 11.05 pence per share) and reflecting their progressive dividend policy. The final dividend will be paid on 14 May 2020 to shareholders on the register on 2 April 2020, subject to approval by shareholders at the Annual General Meeting to be held on 9 May 2020.

Other financial highlights include:

Solid trading performance with revenue up 9% on the prior year

Adjusted EBITDA of £141.5m, in line with expectations

Continued strong operating cash generation of £113.7m, with £100m in dividends distributed to shareholders during the year

Companies mentioned