CML Microsystems Plc recommended final dividend of 5p per ordinary 5p share

DividendMax Ltd.

CML Microsystems Plc recommended final dividend of 5p per ordinary 5p share

During the year, CML Microsystems Plc had a final special dividend of 50.0p per ordinary share of 5p was paid in respect of the year ended 31 March 2021. An interim dividend of 4.0p per ordinary share was paid on 17 December 2021 to shareholders on the Register on 3 December 2021. 

It is proposed to pay a final dividend of 5.0p per ordinary share of 5p, taking the total dividend amount in respect of the year ended 31 March 2022 to 9.0p. It is proposed to pay the final dividend of 5.0p, if approved, on 19 August 2022 to shareholders registered on 5 August 2022 (2021: paid 13 August 2021 to shareholders registered on 30 July 2021).

Other Financial Highlights: 

Revenue increase to £16.96m (2021: £13.10m) with growth driven by a recovery in the voice-centric markets

Gross profit of £12.80m (2021: £9.46m) with a slightly improved margin due to product mix delivered

Net cash of £25.04m (2021: £31.9m) after a £9.0m dividend to shareholders

Profit before tax of £1.74m (2021: £0.01m) after accounting for share-based payments and net finance income

Companies mentioned