The Kingfisher Plc Board has declared an interim dividend of 3.80 pence per share, flat versus the H1 21/22 interim dividend of 3.80 pence per share.
The interim dividend will be paid on 11 November 2022 to shareholders on the register at close of business on 7 October 2022. A dividend reinvestment plan (DRIP) is available to shareholders who would prefer to invest their dividends in the Company's shares. The shares will go ex-dividend on 6 October 2022. The last date for receipt of DRIP elections is 21 October 2022.
Other financial highlights include:
H1 performance in line with expectations (total sales -2.8% in constant currency and LFL -4.1%)
Sales significantly ahead of pre-pandemic levels (3-year LFL sales +16.6%), supported by market share gains; Group Q2 sales trend ahead of Q1
Resilient sales from both DIY and DIFM/trade categories
Continued effective management of inflation and supply chain pressures
Strong execution against our strategic priorities and investing for growth - digital, trade proposition, Screwfix and Poland expansion