Entain Plc Announces Second Interim Dividend of 8.5p per Share

DividendMax Ltd.

Entain Plc Announces Second Interim Dividend of 8.5p per Share

In line with the dividend policy announced with the H1 Results in August 2022, the Board proposed a total dividend for 2022 of £100m.  This is to be paid to shareholders in equal instalments with H1 and FY results.  As such, a second interim dividend of £50m (8.5p share) will be paid to shareholders on 27 April 2023.   

Other Financial Highlights: 

  • Group underlying EBITDA1,3 up +13% at £993m at the top of upgraded guidance range
  • Group profit after tax1 was £33m, down -88% versus 2021
  • Adjusted diluted EPS5 (pre FX and BetMGM) of 93.2p up +15%
  • Successful refinancing of Term Loans with global demand
  • Year end adjusted net debt of £2,750m with leverage at 2.8x (2.6x on a proforma basis), reflecting a balance sheet able to support investment in their growth strategy

Companies mentioned