Flutter Entertainment have proposed a full year dividend maintained at 200p

DividendMax Ltd.

Flutter Entertainment have proposed  a full year dividend maintained at 200p

The Flutter Entertainment Board has proposed a final divided of 133p per share, equating to a full year dividend for 2019 of 200p (2018: 200p). The ex-dividend date will be 9 April 2020, the record date will be 14 April 2020 and payment will be on 22 May 2020.

Other financial highlights include:

Group: Underlying EBITDA of £426m (excluding US) and £40m loss in the US, in line with guidance

- PPB Online: 6% revenue growth impacted by our enhanced responsible gambling initiatives

- Australia: 14% revenue growth offsetting much of the material tax increases 

- US: #1 online sportsbook and #1 online casino; 44% online share in states where FanDuel was live during 2019

- Group: Online revenue growth of 18% (2018: 11%), materially offsetting year-on-year impact of £107m in incremental taxes and regulatory changes

Strong balance sheet with a leverage ratio of 0.7 times (31 December 2018: 0.4)

Enhancement of our in-house responsible gambling capabilities and interventions

Companies mentioned