Recent articles for private investors with a focus on dividend announcements
IG Group announce a proposed increased total dividend per share of 46.2 pence
IG Group Holdings Plc announce a proposed final dividend of 32.64 pence per share represents a total dividend for the year of 46.2 pence per share, an increase of 1 pence on the prior year, representing a progressive and sustainable increase.
The Hammerson PLC Board has declared an interim dividend of 0.756p pence per share
The Hammerson PLC Board declared an interim dividend in respect of 2024 of 0.756p pence per share, up 5% year-on-year and a payout ratio of 76% reflecting the Board's confidence in future earnings growth and which will be paid as a PID. The Board intends to increase the policy payout ratio from its current policy of 60-70% to 80-85% following the completion of the sale of Value Retail. The dividend declaration will be released as a separate announcement.
Reckitt Benckiser announces an interim 2024 dividend of 80.4 pence
The Reckitt Benckiser Group Plc Board of Directors announces an interim 2024 dividend of 80.4 pence (2023 H1: 76.6 pence). The ex-dividend date will be 1 August 2024 and the dividend will be paid on 13 September 2024 to shareholders on the register at the record date of 2 August 2024.
Centaur Media has announced an ordinary dividend of 0.6 pence per share
Centaur Media's Board has approved an interim ordinary dividend for 2024 of 0.6p per share (H1 2023: 0.6p), in line with Centaur's new progressive dividend policy to distribute the higher of the previous year's dividend or 40% of adjusted earnings after taxation.
Informa Plc has declared an interim dividend of 6.4p per share
The Informa Plc Board has declared an interim dividend of 6.4p per share (H1 2023: 5.8p per share). The interim dividend will be paid on 20 September 2024 to ordinary shareholders registered as at the close of business on 9 August 2024. The Dividend Reinvestment Plan (DRIP) will be available for the interim dividend and the last date for receipt of elections for the DRIP will be 30 August 2024.
FRP Advisory Group Plc has announced a final dividend of 2.3p
In line with their dividend policy, FRP Advisory Group Plc pays quarterly dividends, which have progressed yearly since IPO. Their board recommends a final dividend of 2.3p per eligible Ordinary Share for the financial year ended 30 April 2024. Subject to approval by shareholders at the AGM, the final dividend will be paid on 25 October 2024 to shareholders on the Company's register at close of business on 26 September 2024. If the final dividend is approved, the total dividends paid by the Company relating to FY 2024 will be 5.0p per eligible Ordinary Share (FY 2023: 4.6p).
RHI Magnesita N.V. has announced interim dividend of €0.60 per share
Consistent with the RHI Magnesita's dividend policy to pay an interim dividend equal to one third of the previous final dividend, their board has declared an interim dividend of €0.60 per share representing €28 million in aggregate. The interim dividend will be paid on 26 September 2024 to shareholders on the register on 30 August 2024.
Primary Health Property has announced a third quarterly interim dividend of 1.725 pence per share
Primary Health Property distributed a total of 3.45 pence per share in the six months to 30 June 2024, equivalent to 6.9 pence on an annualised basis, which represents an increase of 3.0% over the dividend per share distributed in 2023 of 6.7 pence. This will mark the 28th year of consecutive dividend growth for PHP.
Breedon Group plc has announced interim dividend of 4.5p
Breedon Group plc has announced their intention to pay an increased interim dividend of 4.5p per share (H1 2023: 4.0p per share) reflecting their confidence in the prospects of the group and in keeping with their dividend policy. The dividend will be paid on 1 November 2024 to shareholders who are on the Register of Members at the close of business on 27 September 2024. The ex-dividend date is 26 September 2024. The latest date for registering for the Company's DRIP is 11 October 2024 and further details of how to join the DRIP are available on the Company's website.
Nichols Plc has announced a special dividend of 54.8p per share
In line with Nichols plc's dividend policy, dividend cover is broadly 2x the adjusted earnings of the group. As a result, the interim dividend for 2024 will be 14.9p per share, to be paid on 6 September 2024 with a record date of 2 August 2024 and an ex-dividend date of 1 August 2024.
SThree announces an interim dividend approved at 5.1 pence per share
The SThree Board proposes to pay an interim dividend of 5.1 pence (H1 FY23: 5.0 pence), amounting to c.£6.8 million in total. This will be paid on 6 December 2024 to shareholders on record on 8 November 2024. The dividend will be paid from distributable reserves.
Mony Group Plc announce a dividend up 3% to 3.3p
The Mony Group Plc Board has recommended a return to dividend growth with a 3% increase to the interim dividend to 3.3 pence per share (H1 2023: 3.2p). This reflects the ongoing good cash conversion of the business, strong balance sheet and the Board's confidence in the future prospects of the Group.
Renold Plc Board is recommending the payment of an annual dividend of 0.5p
The Renold Plc Board is recommending the payment of a dividend on the ordinary shares of the Company for the year ended 31 March 2024 of 0.5p per ordinary share. The dividend, if approved by shareholders at the 2024 Annual General Meeting, will be paid on 17 September 2024 to shareholders on the register as at 9 August 2024. The shares will be marked ex-dividend on 8 August 2024.
Cohort Plc Board is recommending a final dividend of 10.10 p
The Cohort Plc Board is recommending a final dividend of 10.10 pence per ordinary share (2023: 9.15 pence), making a total dividend of 14.80 pence per ordinary share (2023: 13.40 pence) for the year, a 10% increase. The dividend has been increased every year since the Group's IPO in 2006. The final dividend will be payable on 2 October 2024 to shareholders on the register at 23 August 2024, subject to approval at the Annual General Meeting on 24 September 2024.
Brickability Group Plc Board has recommend a final dividend of 2.28 p
Brickabillityy Group Plc Board has recommend a final dividend for the year ended 31 March 2024 of 2.28 pence per share, which would bring the total dividend for the year to 3.35 pence, representing a 6% increase over the prior year.
Gateley Holdings Plc announces a proposed final dividend of 6.2p
Gateley Holdings Plc have maintained dividend to investors, recognising this is a key component of shareholder return. An interim dividend of 3.3p per share (FY23: 3.3p) was paid on 21 March 2024 to shareholders on the register at the close of business on 24 February 2024. Their board proposes a final dividend of 6.2p per share (FY23: 6.2p), giving a total dividend for the year of 9.5p per share (FY23: 9.5p), subject to approval at the forthcoming Annual General Meeting, which will be held on 23 September 2024. If approved, this final dividend will be paid in October to shareholders on the register at the close of business on 11 October 2024. The shares will go ex-dividend on 10 October 2024.
Caendish Financial Plc have proposed a final dividend of 0.25p per share
The Cavendish Financial Plc Board has proposed a final dividend of 0.25p per share. The dividend, subject to approval at the AGM, are expected to be paid on 15 October 2024 to shareholders and on the register on 20 September 2024.
Me Group International announce an interim dividend up 16.2% to 3.45 pence per Ordinary Share
Me Group International announce an interim dividend up 16.2% to 3.45 pence per Ordinary Share, which will be paid at the end of November, will return £13.0 million to shareholders. The Group's policy is to pay annual dividends in excess of 55% of annual profits, subject to market and capital requirements.
Jet2 Plc announce a final dividend of 10.7p per share
The Jet2 Board has resolved to pay a final dividend of 10.7p per share (2023: 8.0p), representing an increase of 34%. This final dividend is subject to shareholders' approval at the Company's Annual General Meeting on 5 September 2024 and will be payable on 23 October 2024 to shareholders on the register at the close of business on 20 September 2024, with the ex-dividend date being 19 September 2024.
Synectics Plc Board has declared an interim dividend of 2.0p per share
The Synectics Plc Board has declared a re-instated interim dividend of 2.0p per share to be paid on 23 August 2024 to shareholders on the register at 26 July 2024. This will be the Company's first interim dividend to be paid since 2019.
Begbies Trainer Group has proposed a 5% increase in total dividends
Begbies Traynor Group recommends (subject to shareholder approval at the company's annual general meeting scheduled for 17 September 2024) a 5% increase in the total dividend for the year to 4.0p (2023: 3.8p), representing their seventh consecutive year of dividend growth. This comprises the interim dividend already paid of 1.3p (2023: 1.2p) and a proposed final dividend of 2.7p (2023: 2.6p).
Knights Group Holdings announce a final dividend of 2.79p
The Knights Group Board is proposing a final dividend of 2.79p, which, together with the interim dividend of 1.61p per share gives a total dividend for the year of 4.40p (FY23: 4.03p), an increase of 9%. The dividend will be payable on 27 September 2024 to shareholders on the register at 30 August 2024, subject to shareholder approval at the Group's AGM.
Solid State announce a final dividend of 14.5p
The Solid State Directors are proposing a final dividend of 14.5p (2022/23: 13.5p) resulting in a full year dividend of 21.5p (2022/23: 20p) per share, which is covered 4.6 times by adjusted earnings (2022/23: 4 times).
Baltic Classifieds Group PLC has proposed a final dividend of 2.1 € cents per share
The Baltic Classifieds Group PLC Board has proposed a final dividend of 2.1 € cents per share for 2024. The final dividend will be paid, subject to shareholder approval, on 18 October 2024.
DSW Capital Plc has proposed a final dividend of 0.75 pence per share
DSW Board remains confident in the long-term prospects for DSW and continues to add new partners and new licensee businesses to fuel future growth. While confidence in the long-term performance of the group remains unchanged, their board acknowledges the suppressed earnings in FY24 and has taken the decision to propose a reduced final ordinary dividend for the year ended 31 March 2024 of 0.75 pence per share, giving a total dividend for the year ended 31 March 2024 of 2.0 pence per share. Their board anticipates maintaining dividends at a reduced level until market conditions improve and earnings return to growth. An interim dividend of 1.25 pence per share in respect of the six months to 30 September 2023 was paid on 23 January 2024. If approved by shareholders, this will take total cumulative dividends that will be paid out to shareholders post-IPO to 9.98 pence per share.
CML Microsystems Plc has recommended final dividend of 6.0p per share
This year, £1.75m was spent in April 2023 on the share buyback programme, demonstrating CML Microsystems plc commitment to returning funds to shareholders and enhancing earnings where possible. Their board strives to maintain a progressive dividend policy whilst ensuring it has adequate cash to cover its growth objectives which currently include R&D investments, capital expenditure, working capital requirements and further payments in relation to the MwT acquisition. The interim dividend was held at 5p per share and, given the anticipated demands on cash through the year ahead, their board is recommending a final dividend of 6p per share, making the full-year dividend 11p per share (2023: 11p per share). Subject to shareholder approval, the shares will go ex-dividend on 15 August 2024 and the dividend will be paid to shareholders on 16 August 2024 whose names appear on the register at close of business on 2 August 2024.
Supreme Plc has announced a final dividend of 3.2p per share
Supreme Plc declares a final dividend, subject to shareholder approval at the Annual General Meeting on 24 September 2024, of 3.2 pence per share. The Group paid an interim dividend of 1.5 pence per share, which together with the final dividend would take total dividends for the year to 4.7 pence per share, an 57% increase on the prior year dividend.
Kitwave Group Plc has declared an increased interim dividend of 3.85 pence per share
The final dividend of 7.45 pence per share for the financial year ended 31 October 2023 was paid on 26 April 2024. Kitwave Group plc is pleased to declare an increased interim dividend of 3.85 pence per share (H1 2023: 3.75 pence per share) for the six months to 30 April 2024. It will be paid on 2 August 2024 to shareholders on the register at the close of business on 12 July 2024 and the ex-dividend date will be 11 July 2024.
Porvair plc announce an interim dividend increased 0.1 pence per share to 2.1 pence
The Porvair plc Directors have declared an interim dividend of 2.1 pence (2023: 2.0 pence) per share to be paid on 21 August 2024 to shareholders on the register at the close of business on 19 July 2024; the ex-dividend date is 18 July 2024.
Record Plc announce a final ordinary dividend proposed of 2.45p per share
Record Plc Board is recommending a final ordinary dividend of 2.45 pence per share (FY‑23: 2.45 pence) with the full-year ordinary dividend at 4.60 pence per share (FY‑23: 4.50 pence), representing a 2.2% increase in the ordinary dividend and an ordinary payout ratio of 82% of underlying earnings. The interim dividend of 2.15 pence was paid on 22 December 2023, and the final ordinary dividend of 2.45 pence will be paid on 2 August 2024 to shareholders on the register at 12 July 2024, subject to shareholder approval.
Halfords proposes a final dividend of 5 pence per share
Balancing their capital allocation priorities with the importance of the ordinary dividend to many of their investors, Halfords has proposed a final dividend of 5 pence per share, which would result in a full year dividend of 8 pence. This would be a 20% reduction versus the prior year, reflecting lower profits and the application of their new dividend policy. The final dividend would be paid on 13 September 2024 with the corresponding ex-dividend date of 8 August 2024 and the record date of 9 August 2024.
Latham(James) has declared a final dividend of 26.0p per Ordinary Share
Latham(James) has declared a final dividend of 26.0p per Ordinary Share (2023: 20.8p). The total dividend per ordinary share of 33.75p for the year (2023: 28.05p) is covered 3.3 times by earnings (2023: 6.4 times). The previous two financial years have provided the group with exceptional profits and have allowed their cash balances to increase. They has declared two special dividends of 8.0p in each of the previous two financial years to reflect these profit levels. Following a return to more normal market conditions, the board has reviewed their current cash position, considering future investment plans and maintaining their flexibility to react to opportunities as they arise, and has decided to declare a further special dividend of 45p per share. Both the final and special dividend are payable on 23 August 2024 to ordinary shareholders on the company's register at close of business on 2 August 2024. The ex-dividend date will be 1 August 2024.
Polar Capital Holdings Plc announce a second interim dividend of 32.0p per share
The Polar Capital Board is recommending maintaining a second interim dividend per share of 32.0p (2023: 32.0p) to be paid in July 2024. This, together with the first interim dividend per share of 14.0p paid in January 2024, means that the total dividend per share for the year is maintained at 46.0p (2023: 46.0p).
Schroder UK Mid Cap Fund Plc announces an increased interim dividend of 6 pence per share
Schroder UK Mid Cap Fund Plc is pleased to announce an increased interim dividend of 6 pence per share for the financial year ending 30 September 2024, a 9.1% increase on the prior year. This will be payable on 9 August 2024 to shareholders registered at the close of business on 12 July 2024.
Marks Electrical Group announces a proposed final dividend of 0.66p per share
Marks Electrical Group Plc have announced a final dividend will be paid (subject to shareholder approval at the AGM) on 15 August 2024 to shareholders who are on the register at the close of business on 12 July 2024, and shares will be marked ex-dividend on 11 July 2024. For further information on dividends, see Note 12 to the financial statements.
MS International announces a recommended dividend of 16.5pence per share
The MS International Plc Board recommends the payment of a final dividend of 16.5p per share (2023 - 13p) making a total for the year of 19.5p per share (2023 - 15p).
Triad Group announce a final dividend of 4p per share
The Triad Group Board is proposing a final dividend of 4p per share, bringing the total dividend to 6p for the financial year. The dividend is subject to shareholder approval at the Annual General Meeting
Volex Plc Board has proposed a final dividend of 2.8p
The Volex Plc Board has proposed a final dividend of 2.8p per ordinary share that will be paid on 30 August 2024 to shareholders on the register on 26 July 2024. The ex-dividend date will be 25 July 2024.
Liontrust Asset Management plc has declared a second interim dividend of 50.0 p
The Liontrust Asset Management plc Board has declared a second interim dividend of 50.0 pence per share (2023: 50.0 pence) bringing the total dividend for the financial year ending 31 March 2024 to 72.0 pence per share (2023: 72.0 pence per share).
Wynnstay Group announce an interim dividend of 5.6p
Wynnstay Group are to declare an increased interim dividend of 5.6p per share (2023: 5.5p), up by 1.8% year-on-year. Dividend cover remains prudent at two times earnings.
Warehouse REIT Plc has declared a fourth interim dividend of 1.60 p
The Warehouse REIT Plc Board has declared a fourth interim dividend for the financial year ending 31 March 2024 of 1.60 pence per ordinary share, payable on 26 July 2024 to shareholders on the register on 5 July 2024. The ex-dividend date will be 4 July 2024.
XPS Pensions Group Plc Board has proposed a final dividend resulting in total dividends for the year of 10.0p up 19% YoY
XPS Pensions Group Plc Board has proposed a final dividend of 7.0p (FY 2023: 5.7p). The final dividend, which amounts to £14.6 million (FY 2023: £11.8 million), will be paid on 23 September 2024 to those shareholders on the register on 23 August 2024
CMC Markets plc Board has proposed a final dividend of 7.3 pence per share
CMC Markets plc Board has proposed a final dividend payment of £20.4 million, which equates to 7.3 pence per share, resulting in a total dividend payment of 8.3 pence per share for the year. This is in line with the dividend policy of 50% of profit after tax.
DS Smith Plc. has announced a final dividend of 12.0p per share
DS Smith Plc. Board has announced a final dividend of 12.0p per share, taking the total dividend for this year to 18.0 pence per share, in line with FY 2022/23.
Dewhurst Group announce an interim dividend of 5.00pence per share
The Dewhurst Directors have declared an increased interim dividend of 5.00p per ordinary share (2023: 4.75p) which amounts to £387,000 (2023: £384,000). The interim dividend is payable on 13 August 2024 and will be posted on 8 August 2024 to shareholders appearing in the Register on 19 July 2024 (ex-dividend date being 18 July 2024).
Speedy Hire Plc has proposed final dividend of 1.80pps, resulting in full year dividend of 2.60pps
The Speedy Hire Board is recommending payment of a final dividend of 1.80 pence per share making a total dividend of 2.60 pence per share which is at the same level as last year.
Severfield Plc has increased dividend by 9% to 3.7p per share
Severfield Plc is recommending an increased final dividend of 2.3p per share (2023: 2.1p), payable on 11 October to shareholders on the register at the close of business on 6 September. This together with the interim dividend of 1.4p per share (2023: 1.3p), will result in a total dividend of 3.7p per share (2023: 3.4p). Looking ahead, as in previous years, they expects the interim dividend to be approximately one third of the prior year's full dividend.
Young & Co's Brewery Plc recommend a final dividend of 10.88p
Young & Co's Brewery Plc is proposing a final dividend in respect of the period ended 1 April 2024 of 10.88 pence per share at a cost of £6.8 million, resulting in a total dividend for the year of 21.76 pence, up 6.0%. If approved, it is expected to be paid on 2 August 2024 to shareholders who are on the register of members at the close of business on 5 July 2024.
Tatton Asset Management Plc proposes a final full year dividend of 8.0p per share
Tatton Asset Management Plc continues to perform well, as they maintain their focus on creating long-term sustainable shareholder value. Given their continued progress, and in line with the guidance that they issued at the half year when they indicated that the split of the dividend would be 50:50 between the interim and final dividend, the Board is proposing a final full year dividend of 8.0p per share. This brings the total ordinary dividend for the year to 16.0p per share, an increase of 10.3% on the prior year, which is covered 2.9 times by adjusted earnings per share. Subject to shareholder approval at the forthcoming Annual General Meeting, the dividend will be paid on 6 August 2024 to shareholders who are on the register on 28 June 2024. The ex-dividend date will be 27 June 2024.
Ashtead Group plc have proposed a final dividend of 89.25¢
The Ashtead Group plc Board is recommending a final dividend of 89.25¢ per share (2023: 85.0¢) making 105.0¢ for the year (2023: 100.0¢), an increase of 5%. If approved at the forthcoming Annual General Meeting, the final dividend will be paid on 10 September 2024 to shareholders on the register on 9 August 2024.
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