AJ Bell have announced a final dividend of 4.50 pence per share

DividendMax Ltd.

AJ Bell have announced a final dividend of 4.50 pence per share

The AJ Bell Board is pleased to announce both an ordinary dividend of 4.50p and a special dividend of 5.00p per share, which will take the total dividend for the year to 11.96p. This will increase the total ordinary dividend for the financial year compared with the prior year by 13% and including the special dividend will represent an increase of 94%.

Other financial highlights include:

●Strong financial performance, with revenue up 15% to £145.8 million (FY20: £126.7 million) and profit before tax (PBT) up 13% to £55.1 million (FY20: £48.6 million)

●Diluted earnings per share up 13% to 10.67 pence (FY20: 9.47 pence)

●Strong financial position, with net assets up 19% in the year to £130.7 million (FY20: £109.5 million)

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