Mercia Asset Management Plc adopted a progressive dividend policy in December 2020 when it declared a maiden interim dividend of 0.10 pence per share. Since then, Mercia's annual dividend has become firmly established with growth in each successive year's interim and final dividend. In January, the firm paid an interim dividend of 0.37 pence per share. They are now recommending a final dividend of 0.58 pence per share, representing a total dividend of 0.95 pence per share for the full year (2024: 0.90 pence per share), a 6% increase on the prior year.
