Recent articles for private investors with a focus on dividend announcements
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.
Norcros Plc board is recommending a final dividend of 6.8p (2023: 6.8p) per share.
The Norcros Plc Board recommends a final dividend of 6.8p per share (2023: 6.8p). This, combined with the interim dividend of 3.4p per share (2023: 3.4p), results in a total dividend of 10.2p per share (2023: 10.2p). The total dividend is equivalent to a dividend cover of 3.1 times, slightly lower than the year ended 31 March 2023 (3.7 times). The cash cost of the total dividend is £9.1m.
Fuller Smith & Turner plc increases total dividend by 21% to 17.75p
Fuller Smith & Turner plc have announced a final dividend of 11.12p (FY2023: 10.0p) per 40p 'A' and 'C' ordinary share and 1.112p (FY2023: 1.0p) per 4p 'B' ordinary share, representing a year on year increase of 11%. This will be paid on 25 July 2024 to shareholders on the share register as at 5 July 2024. The total dividend of 17.75p (FY2023: 14.68p) per 40p 'A' and 'C' ordinary share and 1.775p (FY2023: 1.468p) per 4p 'B' ordinary share represents a 21% year-on-year increase.
Halma plc is recommending a 7% increase in the final dividend to 13.20p per share
Together with the 8.41p per share interim dividend, this 7% increase will give a total dividend per share of 21.61p (2023: 20.20p). The final dividend for the financial year ended 31 March 2024 is subject to approval by shareholders at the Annual General Meeting on 25 July 2024 and, if approved, will be paid on 16 August 2024 to shareholders on the register at 12 July 2024. Halma plc offers a Dividend Reinvestment Plan ('DRIP') to enable shareholders to elect to have their cash dividends reinvested in Halma plc shares. Shareholders who wish to opt for the DRIP for the forthcoming final dividend should return a DRIP mandate form to the Company's Registrar no later than 26 July 2024.
Paypoint announce a final dividend of 19.2 pence per share
Paypoint have declared an increase of 3.2% in the final dividend to 19.2 pence per share (2023: 18.6 pence per share) payable in equal instalments of 9.6 pence per share (2023: 9.3 pence per share) on 6 August 2024 and 27 September 2024 to shareholders on the register on 5 July 2024 and 30 August 2024 respectively. The final dividend is subject to the approval of shareholders at the annual general meeting on 1 August 2024.
Crest Nicholson Holdings Plc Board has declared an interim dividend of 1.0 p
The Crest Nicholson Holdings Plc Board has declared an interim dividend of 1.0 pence per share, payable on 11 October 2024 to shareholders on the register on 20 September 2024.
Driver Group announce a dividend maintained in the period at 0.75p
Driver Group have announced final dividend for the year to 30 September 2023 (0.75p per share) in December was paid in April 2024. Reflecting their confidence in the medium-term prospects for the Group, and with the strong balance sheet position, the Board recommends the payment of an interim dividend of 0.75p per share for 2024 (2023: 0.75p per share). The interim dividend will be paid on 25 October 2024 to shareholders who are on the register of members at the close of business on 20 September 2024, with an ex-dividend date of 19 September 2024.
Castings Plc announce a payment of a final dividend of 14.19 pence per share
The Castings Plc directors are recommending the payment of a final dividend of 14.19 pence per share to be paid on 23 August 2024 to shareholders on the register on 19 July 2024. This, together with the interim dividend, gives a total dividend for the year of 18.32 pence per share which, in line with their progressive dividend policy, represents an increase of 5.6% on the prior year.
Safestore Hldgs Plc the Board recommends an interim dividend of 10.0p per share
The Safestore Hldgs Plc Board has announced an interim dividend of 10.0 pence per share, an increase of 1% on the prior period. This will amount to a dividend payment of £21.8m (H1 2023: £21.6m). The dividend will be paid on 8 August 2024 to shareholders who are on the Company's register on 5 July 2024. The ex-dividend date will be 4 July 2024. 25% (H1 2023: 25%) of the dividend will be paid as a REIT Property Income Distribution ("PID").
Wynnstay Properties recommends a final dividend of 16.0p per share
Wynnstay Properties Board recommends a final dividend of 16.0p per share.
RWS Holdings plc has announced an interim dividend of 2.45p
The RWS Holdings plc directors have approved an interim dividend of 2.45p per share, reflecting a 2% increase over the 2.40p interim dividend in HY23. The dividend will be paid on 19 July 2024 to shareholders on the register at 21 June 2024 and the ex-dividend date is 20 June 2024.
B.P.Marsh & Partners Group is recommending a final dividend of 5.36p per share
The B.P.Marsh & Partners Group is recommending a final dividend of 5.36p per share (£2.0m) to be paid on 26 July 2024 to all shareholders on the register on 28 June 2024, with the ex-dividend date being 27 June 2024. This final dividend will be subject to Shareholder Approval at the Group's Annual General Meeting to be held on 23 July 2024.
First Group plc Board has proposed a final dividend of 4.0p per share
The First Group plc Board has proposed a final dividend of 4.0p per share. Subject to shareholder approval at the Company’s 2024 AGM, a final dividend payment of c.£24.3m, will be paid on 23 August 2024 to shareholders on the register at 19 July 2024. The total dividend for the year paid and proposed is 5.5p per share (FY 2023: 3.8p per share), an increase of 45%.
Iomart Group plc proposing to pay a final dividend of 3.00p per share
The Iomart Group plc Board is proposing to pay a final dividend of 3.00p per share taking the total for the year to 4.94p. This would represent the maximum pay-out ratio under their stated dividend policy of paying up to 50% of adjusted diluted earnings per share. Subject to shareholder approval this proposed final dividend would be payable on 9 September 2024 to shareholders on the register at close on 16 August 2024.
Cake Box Holdings plc is to recommend a final dividend of 6.1p per share
Cake Box Holdings Plc Board is to recommend a final dividend of 6.1p per share (FY23: 5.5p). The total dividend for the year will total 9.0p (FY23: 8.125p), a 10.8% increase year on year, continuing the progressive dividend policy employed by the Board. The dividend cover is 1.23x (FY23: 1.3x).
Oxford Instruments plc has proposed a final dividend of 15.9p
The Oxford Instruments plc Board has proposed a final dividend of 15.9p (2023: 14.9p) per share. This results in a total dividend of 20.8p (2023: 19.5p) per share, growth of 6.7%. An interim dividend of 4.9p per share was paid on 12 January 2024. The final dividend will be paid, subject to shareholder approval, on 20 August 2024 to shareholders on the register as at 12 July 2024.
Vianet Group Plc Board proposes final dividend of 0.75p per share
For the full-year dividend, the Vianet Group Plc Board proposes 0.75p per share, payable on 2 August 2024 to shareholders on the register on 21 June 2024.
GB Group plc is recommending a final dividend per ordinary share of 4.20p, up 5%
At their AGM, the Board of Directors will propose a final ordinary dividend of 4.20 pence per share (FY23: 4.00 pence), amounting to £10.6 million (FY23: £10.1 million).
Caffyns Plc announce final dividend of 5.0 pence per Ordinary share
Caffyns Plc declared a final dividend for the year of 5.0 pence per Ordinary share (2023: 15.0 pence). This will be paid on 9 August 2024 to shareholders on the register at close of business on 12 July 2024. The Ordinary shares will be marked ex-dividend on 11 July 2024.
Schroder Real Estate Investment Trust Limited announce an interim dividend of 0.853 pence per share
The Schroder Real Estate Investment Trust Limited Directors have recommend a dividend for the quarter ended 31 March 2024 of 0.853 pence per share to be paid on 28 June 2024. The dividend of 0.853 pps will be wholly designated as an interim property income distribution ('PID').
Mitie Group plc announce a final dividend of 3.0p per share
The Mitie Group Board is recommending a final dividend of 3.0p per share which, when added to the 1.0p interim dividend paid, takes the total dividend for FY24 to 4.0p per share. This is a 38% increase on the prior year (FY23: 2.9p) and represents a payout ratio of 33% (FY23: 30%). The final dividend will be paid on 5 August 2024, following approval at the 2024 AGM.
Palace Capital Plc have proposed final fourth quarter dividend of 3.75 pence per share
The Palace Capital Plc Group paid or declared dividends of 15.0 pence per share in relation to the year ended 31 March 2024 (2023: 15.0 pence per share), including a proposed final fourth quarter dividend of 3.75 pence per share. The fourth quarter final dividend of 3.75 pence per share will be paid, subject to shareholder approval at the AGM being held on 24 July 2024, on 23 August 2024 to shareholders on the register at 26 July 2024. The ex dividend date will be 25 July 2024.
Workspace Group announce a total dividend per share up 8.5% to 28.0p per share
Workspace Group Board is recommending a final dividend of 19.0p per share, taking the full year dividend to 28.0p (2023: 25.8p), to be paid on 02 August 2024 to shareholders on the register at 05 July 2024. The dividend will be paid as a REIT Property Income Distribution (PID) net of withholding tax where appropriate.
Ninety One plc have proposed final dividend of 6.4 pence per share
Ninetly One plc Board have announced a dividend of 6.4 pence per ordinary share in respect of the financial year ended 31 March 2024. The final dividend will be paid on 8 August 2024 to shareholders recorded in the shareholders' registers of the company on close of business 19 July 2024.
Ramsdens Holding Plc announce a 9% increase in the interim dividend to 3.6 pence per share
The Ramsden Holdings Plc Board is to announce an interim dividend of 3.6 pence per share (HY23: 3.3 pence per share), an increase of 9%. The dividend will be payable on 7 October 2024 to those shareholders on the register on 6 September 2024. The ex-dividend date will be 5 September 2024.
VP have announced dividend increase of 4.0% to 39.0 pence per share
The VP Board has recommended a final dividend of 27.5 pence per share. If approved, the full-year dividend would increase to 39.0 pence per share with dividend cover of 1.9 times (2023: 2.1 times) based upon adjusted basic earnings per share. At 31 March 2024, 40.2 million shares were in issue, of which 609,000 were held by Vp's Employee Trust.
B&M European Value Retail S.A have announce a recommended final dividend of 9.6p per ordinary share
B&M European Value Retail S.A have announce a final ordinary dividend of 9.6p per share will be paid on 2 August 2024 to shareholders on the register of the Company at the close of business on 28 June 2024. The ex-dividend date will be 27 June 2024.
DiscoverIE Group Plc recommends an increase in the final dividend to 8.25 pence per share
The DiscoverIE Group Plc Board is recommending a 4% (0.35 pence) increase in the final dividend to 8.25 pence per share, giving a 5% increase in the full year dividend per share to 12.0 pence (FY 2022/23: 11.45 pence) and an underlying earnings cover of 3.1 times (FY 2022/23: 3.1 times). The final dividend is payable on 2 August 2024 to shareholders registered on 28 June 2024.
LondonMetric Property Plc announce a total dividend increased 7.4% to 10.2p
LondonMetric Property Plc have today announced a total dividend, which has been increased by 7.4% to 10.2p, 107% covered by earnings, including Q4 dividend declared today of 3.0p
Chemring Group plc announce a interim dividend per share of 2.6p
The Chemring Group plc Board has declared an interim dividend in respect of the 2024 financial year of 2.6p (H1 2023: 2.3p) per ordinary share which will be paid on 6 September 2024 to shareholders on the register on 16 August 2024.
Gooch & Housego announce an interim dividend of 4.9pence per share
Gooch & Housego announce an iinterim dividend of 4.9p per share (2023: 4.8p) has been declared. This dividend will be payable to shareholders on the register as at 21 June 2024 on 26 July 2024.
Sirius Real Estate announce a dividend of 3.05c per share
The Sirius Real Estate Limited Board has authorised a progressive dividend of 3.05c per share for the second half of the financial year, increasing on the 2.98c per share dividend for the equivalent period in the prior year. This brings the total dividend for the year to 6.05c, an increase of 6.5% on the 5.68c dividend for the year ended 31 March 2023.
Hollywood Bowl announce an interim dividend up 21.7% to 3.98 pence per share
The Hollywood Bowl Group Board has declared an interim dividend of 3.98 pence per share. The ex-dividend date is 13 June 2024, with a record date of 14 June 2024 and a payment date of 10 July 2024.
Dr. Martens Plc proposes a final dividend of 0.99p per share
The Dr Martens Plc Board has proposed, subject to shareholder approval, a final dividend of 0.99p, taking the total dividend for FY24, including the interim dividend of 1.56p, to 2.55p, a 35% payout ratio. Whilst this is a year-on-year reduction given the higher payout in FY23 and lower earnings achieved this year, the 35% payout for FY24 is at the top of the policy range. The Board's intention is to hold the FY25 dividend flat in absolute terms, before returning to an earnings payout in line with their dividend policy (of 25% to 35% payout) in FY26 onwards.
Auto Trader Group have proposed final dividend of 6.4 pence per share
The Auto Trader Group Plc Directors are recommending a final dividend of 6.4 pence per share. Subject to shareholders' approval at the Annual General Meeting ('AGM') on 19 September 2024, the final dividend will be paid on 27 September 2024 to shareholders on the register of members at the close of business on 30 August 2024. The total dividend for the year is therefore 9.6 pence per share (2023: 8.4 pence per share).
Premier Milton Group Plc announce an interim dividend of 3.0 pence per share
Premier Milton Group Plc announce an interim dividend of 3.0p a share, unchanged from last year's interim and final dividends.
Pets at Home Group announce a final dividend held at 8.3pence per share
The Pets at Home Group Plc Board has recommended a final dividend of 8.3 pence per share, taking the total dividend for the year to 12.8 pence per share. Dividends have been maintained in the year despite the YoY decline in EPS, resulting in a payout ratio of 61%. In the years ahead they will gradually move their payout ratio closer to the 50% stated in their capital allocation policy. The final dividend will be payable on 16 July 2024 to shareholders on the register at the close of trading on 7 June 2024.
Ingenta Plc have declared a full year dividend increased 19% to 4.1 pence (2022: 3.45 pence), with proposed final dividend of 2.6 pence per share
On 14 August 2023 Ingenta Plc paid a final dividend of 2.25 pence per share for the year ended 31 December 2022. On 23 October 2023 an interim dividend of 1.5 pence per share was paid in respect of the year ended 31 December 2023.
Victorian Plumbing Group have announced an interim dividend of 0.52p per share
The Victorian Plumbing Group Board has declared an interim dividend of 0.52 pence per share (H1 2023: 0.45 pence per share), which represents a total cash distribution to shareholders of £1.7m (H1 2023: £1.5m). The dividend will be paid on 16 August 2024 to shareholders on the register of members at the close of business on 19 July 2024.
Intermediate Capital Group has proposed a final dividend of 53.2p per share
The Intermediate Capital Board has proposed a final dividend of 53.2p per share which, combined with the interim dividend of 25.8p per share, results in total dividends for the year of 79.0p (FY23: 77.5p).
The Investec plc Board has proposed a final dividend of 19.0p per share
The Investec plc Board has proposed a final dividend of 19.0p per share (FY2023: 17.5p), resulting in a total dividend of 34.5p per share for the year (FY2023: 31.0p), translating to a 44.2% payout ratio and within the Group's current 30% to 50% payout policy.
Johnson Matthey will propose a final ordinary dividend for the year of 55.0
The Johnson Matthey board will propose a final ordinary dividend for the year of 55.0 pence per share at the Annual General Meeting (AGM) on 18th July 2024. Together with the interim dividend of 22.0 pence per share, this gives a total ordinary dividend of 77.0 pence per share, maintained at the same level as the prior year. Subject to approval by shareholders, the final dividend will be paid on 6th August 2024, with an ex-dividend date of 6th June 2024.
Qinetiq Group announce a progressive dividend growth up from 5% to 7%, with full year dividend of 8.25p
The Qinetiq Group Board proposes a final FY24 dividend per share of 5.65p (FY23: 5.30p) making the full-year dividend 8.25p (FY23: 7.70p). The full-year dividend represents an increase in the Group's progressive dividend from 5% to 7%.
National Grid Plc have announced a recommended final dividend of 39.12p to bring full year dividend to 58.52p
The National Grid Plc Board has recommended an increase in the final dividend to 39.12p per ordinary share ($2.4939 per American Depository Share), which will be paid on 19 July 2024 to shareholders on the register of members as at 7 June 2024. If approved, this will bring the full-year dividend to 58.52p per ordinary share, an increase of 5.55% over the 55.44p per ordinary share in respect of the financial year ended 31 March 2023. This is in line with the increase in average UK CPIH inflation for the year ended 31 March 2024 as set out in our dividend policy.
Tate & Lyle plc are recommending final dividend of 12.9p per share: full-year dividend of 19.1p per share +3.2%
The Tate & Lyle Board is recommending a final dividend of 12.9p (2023 - 13.1p) per share. This brings the full year dividend to 19.1p (2023 - 18.5p), an increase of 3.2%. In February 2023, in their Capital Markets Event, we announced their policy of paying interim dividends at the level of one third of the previous year's full-year dividend, accordingly an interim dividend for the six months to 30 September 2023 was paid of 6.2p (30 September 2022 - 5.4p) per share. Subject to shareholder approval, the proposed final dividend will be due and payable on 2 August 2024 to all shareholders on the Register of Members on 21 June 2024. In addition to the cash dividend option, shareholders will continue to be offered a Dividend Reinvestment Plan alternative.
Marks & Spencer Group final dividend of 2p has been declared
Marks & Spencer Group final dividend of 2p has been declared, resulting in a full year dividend of 3p in 2023/24. The final dividend is due to be paid on 5 July 2024 to shareholders on the register of members as at close of business on 31 May 2024.
British Land Co plc propose a final dividend of per share of 22.8p up 1%
The British Land Co plc Board are proposing a final dividend for the year ended 31 March 2024 of 10.64p per share. Payment will be made on Friday 26 July 2024 to shareholders on the register at close of business on Friday 21 June 2024. The dividend will be a Property Income Distribution. A Dividend Reinvestment Plan (DRIP) is provided by Equiniti Financial Services Limited which enables the Company's shareholders to elect to have their cash dividend payments used to purchase the Company's shares.
HICL reconfirms the dividend guidance of 8.25pps
The HICL Infrasture Board reconfirms the dividend guidance of 8.25pps for the year to 31 March 2025, and to issue new dividend guidance of 8.35pps for the year to 31 March 2026, signifying a return to sustainable, long-term dividend growth.
Avon Protection have proposed an interim dividend of 7.2 cents per share
The Avon Protection Plc Board has proposed an interim dividend of 7.2 cents per share (HY23: 14.3 cents), rebasing distributions in-line with the revised capital allocation policy as set out with the FY23 results. This interim dividend will be paid on 6 September 2024 to shareholders on the register at 9 August 2024 with an ex-dividend date of 8 August 2024. The interim dividend will be converted into pounds sterling for payment at the prevailing exchange rate which will be announced prior to payment.
Cranswick plc announce a full year dividend increased by 13.4% to 90.0p
The Cranswick plc Board is proposing a final dividend of 67.3 pence per share, 14.5 per cent higher than the 58.8 pence paid last year. Together with the interim dividend of 22.7 pence per share, this equates to a total dividend for the year of 90.0 pence per share, an increase of 13.4 per cent on last year, extending the period of consecutive years of dividend growth to 34 years.
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