Volex PLC announce an interim dividend increased by 9.1% to 1.2 pence per share

DividendMax Ltd.

Volex PLC announce an interim dividend increased by 9.1% to 1.2 pence per share

Volex PLC have announced an interim dividend of 1.2 pence per share which will be paid on 14 December 2021 to those shareholders on the register on 19 November 2021. The Ex-dividend date will be 18 November 2021.

Other financial highlights:

Strong reported revenue growth of 44.5% to $292.7m reflecting high levels of customer demand in all sectors

Underlying operating profit increased by 31.3% to $27.3m supported by robust management of inflationary cost pressures and a proactive approach to successfully manage extended lead times in global supply chains

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