The London Stock Exchange Group have proposed final dividend for 2022 is 75.3 pence - giving a total for the year of 107.0 pence, up 12.6% on 2021. This is consistent with their dividend policy and reflects a payout ratio of 34% of AEPS. Their dividend per share has grown at a compound annual rate of 17.4% over the last 20 years.
Other financial highlights include:
●Full-year Total Income (excl. recoveries) up 5.7%, and up 6.6% excluding the impact of the Russia/Ukraine war; up 19.6% on a reported basis
●Broad-based growth: Data & Analytics +4.2% (+5.3% ex Russia/Ukraine), Capital Markets +9.8%, Post Trade +7.5%
●Accelerating subscription revenue: Annual Subscription Value (ASV) up 6.2% (ex Russia/Ukraine) at December; 2022; further progress expected in 2023
●Good cost control: opex +3.4% excluding the impact of acquisitions during the year
●Improving profitability: Adjusted EBITDA growth 6.0%, margin flat year-on-year, or up 110 basis points like-for-like
●Basic earnings per share growth +65.3% on a reported basis; AEPS +16.7% to 317.8 pence
