The International Personal Finance Plc Board is pleased to declare a 10.8% increase in the final dividend to 7.2p per share (2022: 6.5p). This is in line with their progressive dividend policy and brings the full-year dividend to 10.3p per share (2022: 9.2p), an increase of 12.0% on 2022 and representing a pre-exceptional payout rate of 44% (2022: 44%). As they previously communicated, the payout rate is modestly above their target of 40% as they utilise their strong capital base whilst rebuilding their RoRE to their target level of 15%. Subject to shareholder approval, the final dividend will be paid on 11 May 2024 to shareholders on the register at the close of business on 12 April 2024. The shares will be marked ex-dividend on 11 April 2024.
