Greggs Plc Recommended a Final dividend of 44.0p per Share

DividendMax Ltd.

Greggs Plc Recommended a Final dividend of 44.0p per Share

At the time of the interim results in August 2022 the Board declared an interim ordinary dividend of 15.0 pence per share (2021: 15.0 pence). In line with their progressive ordinary dividend policy and their target for the ordinary dividend to be twice covered by earnings, the Board intends to recommend at the AGM a final dividend of 44.0 pence per share (2021: 42.0 pence), giving a total ordinary dividend for the year of 59.0 pence (2021: 57.0 pence)

Other Financial Highlights: 

  • Total sales up 23% on 2021 level to £1,513 million (2021: £1,230 million)
  • LFL sales in company-managed shops up 17.8% year-on-year
  • Pre-tax profit up 1.9% to £148.3 million (2021: £145.6 million)
  • Robust cash position of £191.6 million supporting plans for future investment in growth
  • Diluted earnings per share 117.5p (2021: 114.3p)

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