Howden Joinery Group Plc have proposed a final dividend of 15.2p per share

DividendMax Ltd.

Howden Joinery Group Plc have proposed a final dividend of 15.2p per share

The Howden Joinery Group Plc Directors have proposed a final dividend in respect of the 52 weeks to 25 December 2021 of 15.2p per share, payable to ordinary shareholders who are on the register of shareholders at 8 April 2022 and payable on 20 May 2022.

The proposed final dividend for the current period is subject to the approval of the shareholders at the 2022 Annual General Meeting.

Other financial highlights include:

Group revenue of £2,093.7m was 35.3% ahead of last year reflecting the strengths of their trade only, in-stock business model.

- UK depot revenue 35.4% ahead of last year and 33.7% ahead on a same depot basis.

- Gross margin progression of 61.6% year-over-year with disciplined pricing recovering cost increases.

- Profit before tax of £390.3m, up 110.6% on 2020 and 49.7% on 2019, significantly outpacing revenue growth.

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