PageGroup Plc proposes final dividend of 10.30p per share

DividendMax Ltd.

PageGroup Plc proposes final dividend of 10.30p per share

PageGroup Plc is proposing a final dividend of 10.30p (2019: 0.00p) per ordinary share. When taken together with the interim dividend of 4.70p (2019: 4.30p) per ordinary share, this is an increase in the total dividend for the year of 9.6% over the proposed 2019 ordinary dividends to 15.00p per ordinary share. The proposed final dividend, which amounts to £32.9m, will be paid on 17 June 2022 to shareholders on the register as at  20 May 2022, subject to shareholder approval at the Annual General Meeting on 31 May 2022.

Other financial highlights include:

Group gross profit up 49.1% to £877.7m

New record operating profit of £168.5m (2020: £17.0m)

Conversion rate increased to 19.2% (2020: 2.8%), 2021 H2 conversion rate of 22.0%

Gross profit per fee earner up 43.7% to £157.2k (2020: £113.3k)

Strong cash position of £154.0m (2020: £166.0m)

Interim and special dividends of £100.2m paid on 13 October 2021

Companies mentioned