JD Sports to suspend interim dividend with potential final dividend increase

DividendMax Ltd.

JD Sports to suspend interim dividend with potential final dividend increase

The JD Sports Board acknowledges that the Group has delivered positive results for the first half and that the Group's international operations, particularly those in the United States, have made a significant contribution to this profitability and so, ordinarily, the Board would be recommending the payment of an interim dividend. However, the Board also recognises the potential for further restrictions on trading through the usual peak trading period prior to Christmas.

After consideration, the Board has decided to not pay an interim dividend. However, the Board will consider paying a larger final dividend although a final decision on this will be subject to the performance of the Group over the full year to 29 January 2022, taking into account the consequences of any potential further restrictions on trading

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