Lok'n Store Group plc declare a 5p interim dividend

DividendMax Ltd.

Lok'n Store Group plc declare a 5p interim dividend

Lok'n Store Group plc has declared an interim dividend of 5 pence per share, up 15.5% on the 4.33 pence per share interim dividend last year. The increase in the interim dividend follows a consistent pattern reflecting the continued growth of the Lok'n Store Group. The interim dividend will be paid on 10 June 2022 to shareholders on the register on 6 May 2022.  The ex-dividend date will be 5 May 2022. The final deadline for Dividend Reinvestment Election by investors is 20 May 2022. The final dividend will be declared when the Group's full year results are announced in late October 2022.

Other financial highlights include:

Group revenue £13.38 million up 31.1% (31.1.2021: £10.21 million) 

Group adjusted EBITDA £8.12 million up 46.5% (31.1.2021: £5.5 million)

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