Pearson PLC announce an Interim dividend of 6.3p declared, an increase of 5%

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Pearson PLC announce an Interim dividend of 6.3p declared, an increase of 5%

Pearson PLC announces that the dividend accounted for in the six months to 30 June 2021 is the final dividend in respect of 2020 of 13.5p. An interim dividend for 2021 of 6.3p was declared by the Board in July 2021 and will be accounted for in the second half of 2021.

Other financial. highlights include:

Recovery with operating leverage from trading, cost savings, and favourable timing partially offset by inflation and FX.

Adjusted EPS 10.5p (H1 2020: loss of (5.1)p).

Net interest payable of £27m (H1 2020: £27m). Interest on borrowings increased slightly, offset by favourable timing and a one-off gain following the close out of interest rate swaps.

Companies mentioned