CMC Markets is to maintain its dividend policy at 50% of profit after tax. The Board has declared an interim dividend of 3.50 pence per share (2021: 9.20 pence per share), with a view to paying a final dividend in line with the Group's policy. The interim dividend will be paid on 20 December 2021 to those members on the register at the close of business on 26 November 2021.
Other financial highlights include:
H1 2022 leveraged net trading revenue at £101.0 million (H1 2021: £200.4 million) down 50% as a result of a decrease in market volatility resulting in lower client trading activity and client income retention reverting towards guided levels.
Leveraged client income retention for the period at 80% with 53,834 active clients, down 9% versus H1 2021, and up 29% versus pre-pandemic H1 2020 levels. Total client money ("AUM") in the leveraged business stood at £557 million, a new period-end record high.
H1 2022 non-leveraged net trading revenue was £24.2 million (H1 2021: £26.3 million) representing 19% of Group net operating income versus 11% in H1 2021. Underlying client numbers increased 10% versus H1 2021, now standing at 185,847 actives.
H1 2022 net operating income was £126.7 million. FY 2022 net operating income guidance reiterated at £250-280 million.