St James’s Place Announces shareholder returns and future shareholder returns, and states that its company intends to increase total annual shareholder distributions to 70% of the Underlying cash result through a combination of dividends and share buy-backs.
The company announced their current shareholder returns with total ordinary returns to shareholders of £231.2 million, representing 50% of the Underlying cash result. Their dividends proposed final dividend for 2025 of 12.00 pence per share (2024: 12.00 pence per share); total dividend for 2025 of 18.00 pence per share (2024: 18.00 pence per share).
The company also announced its future shareholder returns, stating an acceleration of its approach: for the financial year 2026 and beyond, their Board intends to set total annual shareholder returns at 70% of the Underlying cash result. This will comprise:
o Ordinary dividends, which they expect will make up at least 40% of total shareholder returns (equivalent to at least 28% of the Underlying cash result)
Thir Board intends to pay an interim dividend and conduct an interim share buy-back following half-year 2026 results. They anticipate anticipate:
o the interim dividend will be 6.00 pence per share; and,
o the interim buy-back will be a third of the 2025 total ordinary buy-backs, excluding those relating to releases from our OSE provision.
