B.PMarsh & Partners announce a proposed dividend of 2.78p

DividendMax Ltd.

B.PMarsh & Partners announce a proposed dividend of 2.78p

The B.P Marsh & Partners Board has recommended a dividend of 2.78p per share (£1.0m) for the financial year ending 31 January 2022 to be paid on 29 July 2022 to shareholders on the register as at the close of business on 1 July 2022 (the record date) and the corresponding ex-dividend date will be 2 July 2022, subject to Shareholder Approval at the Company's Annual General Meeting.

Other financial highlights include:

Total Shareholder return of £17.6m for the year including the dividend paid in July 2021

Net Asset Value increased by £16.7m to £166.6m (31 January 2021: £149.9m), an 11.1% increase

Net Asset Value per share increased by 46.3p to 462.7p (31 January 2021: 416.4p)

Consolidated profit after tax of £17.5m (31 January 2021: £13.7m)

Equity portfolio valuation increase of 14.7% (2021: 10.9%)

Three disposals during the year of Walsingham (£5.2m), MB (£3.6m) and Mark Edward Partners (£1.1m)

A further disposal completed shortly after the Year End for Summa (£9.6m)

Companies mentioned