S & U announce an interim dividend of 33p per ordinary share

DividendMax Ltd.

S & U announce an interim dividend of 33p per ordinary share

S & U have declared a first interim dividend of 33.0p per share (2020: 22.0p per share). The first interim dividend, which amounts to approximately £4,008,000 (2020: £2,671,000), will be paid on 19 November 2021 to shareholders on the register at 29 October 2021. The shares will be quoted ex dividend on 28 October 2021. The interim financial information does not include this proposed dividend as it was declared after the balance sheet date.

Other financal highlights:

Profit before tax: £19.9m (H1 2020: £6.3m) 

Earnings Per Share: 133.1p per share (H1 2020: 41.9p) 

Net Group Receivables: £306.4m (31 July 2020: £281.9m) - up 9%

Group Gearing at 61% (31 July 2020: 62%) - Group facilities increased to £180m giving £65m headroom for growth.

Companies mentioned