Recent articles for private investors with a focus on dividend announcements
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.
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).
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.
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.
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.
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).
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).
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.
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.
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.
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).
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.
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.
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.
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.
Telecom Plus plc have proposed a final dividend of 47p
Telecom Plus plc announced final dividend of 47p per share (2023: 46p) will be paid on 25 August 2024 to shareholders on the register at the close of business on 2 August 2024 and is subject to approval by shareholders at the Company's Annual General Meeting which will be held on 13 August 2024. This makes a total dividend payable for the year of 83p (2023: 80p)
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.
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.
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.
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.
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.
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").
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.
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.
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.
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%.
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.
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.
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).
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.
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).
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').
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.
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.
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.
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.
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.
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.
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.
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.
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