Domino's Pizza PLC announce a final dividend of 6.8p per share

DividendMax Ltd.

Domino's Pizza PLC announce a final dividend of 6.8p per share

Domino's Pizza Group PLC announce a total dividend for FY21 of 9.8p per share, with final dividend of 6.8p proposed to be paid on 10 May 2022. The ex-dividend date is 7 April 2022, and the record date is 8 April 2022.

Other financial highlights include:

Continued strong momentum, with system sales of £1,499.1m, up 11.2%. Like-for-like system sales, excluding splits, up 10.9% (9.8% including splits)

Underlying like-for-like system sales (excluding the temporary benefit of VAT) grew by 5.5%, 150 basis points higher than last year's equivalent figure of +4.0%

Underlying profit before tax of £113.9m, up £12.7m driven by strong underlying trading

Statutory profit after tax of £78.3m, up £38.6m due to significantly reduced international losses

Continued strong free cash flow of £104.6m (2020: £99.0m)

Net debt of £199.7m, in-line with guidance, resulting in a net debt / underlying EBITDA leverage ratio of 1.54x

Additional £6.6m investment in a new Northern Ireland Joint Venture

£136m returned to shareholders in FY21 through dividends and share buybacks and £14.3m of capex to support store growth

New £46m share buyback programme, effective imminently, in line with capital allocation framework and commitment to distribute surplus capital to shareholders

Companies mentioned