Reach Plc paid a final dividend for 2021 of 4.46 pence per share in June 2022. Reach Plc has announced an interim dividend for 2022 of 2.88 pence per share that will be paid on 23 September 2022 to shareholders on the register on 12 August 2022 (an increase of 4.7% compared to the interim dividend for 2021 of 2.75 pence per share).
Other Financial Highlights:
Digital revenue up 5.4%; Q2 affected by Ukraine impact on brand safety and sector slowdown in advertiser demand
Yield on open market programmatic advertising (affects c. 50% of total ad volume) in Q2 down 40% year-on-year
Investment driving stronger digital mix with higher yielding, data-led products continuing to outperform
Strong growth in revenue from data-led products e.g. PLUS+; now over 30% of total digital (less than 20% H121)
