Fever-Tree Drinks Plc has recommended a final dividend of 10.47 pence per share

DividendMax Ltd.

Fever-Tree Drinks Plc has recommended a final dividend of 10.47 pence per share

The Fever-Tree Drinks Plc Board is recommending a final dividend of 10.47 pence per share in respect of 2021 (2020: 10.27 pence per share). If approved, this would bring the sum of the interim and final ordinary dividend in respect of 2021 to 15.99 pence per share (2020: 15.68 pence per share). If approved by shareholders at the AGM on 19 May 2022 the final dividend will be paid on 27 May 2022 to shareholders on the register on 7 April 2022.

In addition to this, reflecting the strong year end cash position, on-going cash generation and confidence in the execution of the 2022 plan and beyond, the Fever-Tree Board considers it appropriate to recommend a special dividend of 42.90 pence per share. If approved, this would bring the total dividend for 2021 to 58.89 pence per share (2020: 15.68 pence per share).

Other financial highlights include:

Revenue growth of 23% (26% at constant currency)

Reduction in Adjusted EBITDA margin to 20.2%

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