IMI PLC announce an interim dividend increased by 5% to 7.9pence per share

DividendMax Ltd.

IMI PLC announce an interim dividend increased by 5% to 7.9pence per share

The IMI Board is recommending a 2021 interim dividend of 7.9p per share (2020: 7.5p per share). Payment will be made on 17 September 2021 to shareholders on the register at the close of business on 13 August 2021.

Other financial highlights include:

8% organic sales growth, 24% organic adjusted operating profit growth

Adjusted operating margin improved by 170bps in first half

Increased revenue, profits and margins across all three divisions

Growth Hub and Sprint Teams transforming their culture and delivering early orders

£101m delivered to shareholders via dividends and buybacks

FY 2021 guidance increased to adjusted EPS of 85p to 90p, including buyback impact

Companies mentioned