Solid State announce an interim dividend of 7pence per share

DividendMax Ltd.

Solid State announce an interim dividend of 7pence per share

The Solid State Board has decided to declare an increase in the interim dividend up 7.7% to 7p per share (H1 2022/23: 6.5p).

The interim dividend will be paid on 16 February 2024 to shareholders on the register at the close of business on 26 January 2024. The shares will go ex-dividend on 25 January 2024.

Other financial highlights include:

Delivered organic revenue growth in excess of 35% while maintaining operating margins at 9.2% (FY23 9.2%)

Strong cash generation results in net debt continuing to reduce to £3.9m (FY23 £8.1m)

Robust orderbook of £108.6m

Companies mentioned