Electrocomponents PLC have proposed an interim dividend of 6.4p per share

DividendMax Ltd.

Electrocomponents PLC have proposed an interim dividend of 6.4p per share

The Electrocomponents PLC Board intends to continue to pursue a progressive dividend policy while remaining committed to a healthy dividend cover over time by driving improved results and stronger cash flow. 

In the normal course, the interim dividend is equivalent to approximately 40% of the prior year full-year dividend. As such, the Board proposes an interim dividend of 6.4p per share. This will be paid on 7 January 2022 to shareholders on the register on 26 November 2021.

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