Inchcape plc have announced a final dividend of 16.1p per share

DividendMax Ltd.

Inchcape plc have announced a final dividend of 16.1p per share

The Inchcape plc Board has declared a final dividend of 16.1p per ordinary share which will be paid on 21 June 2022 to shareholders on the register at close of business on 13 May 2022. This follows an interim dividend of 6.4p, and takes the total dividend in respect of FY21 to 22.5p (2020: 6.9p).

Other financial highlights include:

Group revenue of £7.6bn: up 21% on an organic basis and 12% reported; underlying 3% below 2019 levels

PBT (pre-exceptionals) of £296m (2020: £128m)

Statutory profit before tax of £195m

2021 free cash flow of £289m (88% cash conversion) and 30% ROCE

Finished 2021 with net cash of £379m (Dec-20: £266m) following c.£80m share buybacks

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