Redrow announces dividends reinstated with interim dividend of 6.0p per share (2020: Nil)

DividendMax Ltd.

Redrow announces dividends reinstated with interim dividend of 6.0p per share (2020: Nil)

The Redriw plc Board has resumed dividend payments with an interim dividend of 6p (2020: 0p).

Other financial highlights include:

Group revenue of £1,041m (2020: £870m) up 20%

First half pre-tax profit up 11% at £174m (2020: £157m)

Earnings per share (EPS) up 10% to 41.0p (2020: 37.2p)

Net cash of £238m (Dec 2019: £14m)

Companies mentioned