The Directors of M Winkworth Plc ("Winkworth" or the "Company") are to announce that the Company will pay a dividend of 2.2p per ordinary share for the second quarter of 2021 to shareholders.
Following an exceptionally strong performance in the sales division by the network in the first half of 2021, with preliminary figures indicating that network sales revenues exceeded those achieved for the whole of 2020, the Directors will also pay a special dividend of 2.6p per ordinary share at the same time as the second quarter dividend and in accordance with the timetable below.
Added to the 2.2p ordinary dividend and the 1.3p special dividend paid for the first quarter, this brings total dividends declared for the first half of 2021 to 8.3p per ordinary share (2020: 3.08p).
While the Directors anticipate a slowing of activity in sales in the second half of the year following the progressive withdrawal of stamp duty relief, revenues from rentals are running at a similar level to 2019 and ahead of 2020 and the Company is confident that its results for the year as a whole will exceed market expectations.
The timetable for the combined dividend is as follows:
|
Ex-Dividend Date * |
22/07/2021 |
|
Record Date ** |
23/07/2021 |
|
Expected Payment Date |
18/08/2021 |
