The CML Microsystems Board is recommending a half year dividend of 5.0p per share (H1 FY22: 4.0p per share), payable on 16 December 2022 to shareholders on the Register on 2 December 2022.
Other financial highlights include:
Revenue increased by 22% to £10.05m (H1 FY22: £8.26m)
Profit from operations increased to £1.75m (H1 FY22: £0.53m)
Profit before taxation improved by 81% to £1.83m (H1 FY22: £1.01m)
Diluted EPS increased to 11.58p (H1 FY22: 4.80p)
Cash balances at period end of £22.67m (31 March 2022: net cash of £25.04m) following significant share buyback, investments in R&D and dividend payments, together totalling £6.84m