MJ Gleeson announce a proposed final dividend of 12p

DividendMax Ltd.

MJ Gleeson announce a proposed final dividend of 12p

The MJ Gleeson Plc Board proposes a final dividend of 12.0p per share, which equates to £7.0m. The dividend will be paid on 25 November 2022 to shareholders on the register at the close of business on 28 October 2022. Combined with the interim dividend of 6.0p per share paid in April 2022, the total dividend for the year will be 18.0p, representing an increase of 20% on the prior year (2021: total dividend of 15.0p per share).

Other financial highlights include:

Revenue up 29.4% to £373.4m (2021: £288.6m)

Profit before tax up 33.1% to £55.5m (2021: £41.7m)

Exceptional building safety cost provision of £12.9m

EPS up 34.2% to 78.1p (2021: 58.2p)

Cash and cash equivalents £33.8m (2021: £34.3m)

Companies mentioned