Recent articles for private investors with a focus on dividend announcements
Ultra Electronics increases 2012 full year dividend by 3.9%
Revenue increased despite mixed market conditions across the Group's broad portfolio
HSBC 2012 Final Results
Reported profit before tax US$20.6bn, down 6% on 2011, including US$5.2bn of adverse fair value movements on own debt;
BBA Aviation increases 2012 full year dividend by 5%
FINAL RESULTS FOR PERIOD ENDED 31 DECEMBER 2012
Laird increases full year 2012 dividend by 25%
ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 2012
UBM holds final 2012 dividend at 20p
Results for the year ended 31 December 2012- Agreed disposal of Data Services businesses ("Delta")- Revenues from continuing operations rose 2.0% to £797.8m -organic revenue growth of 6.0%- Events organic revenue growth of 11.9% with operating profit up to £142.4m- Emerging Markets revenues up 18.1% to £204.7m with operating profit of £61.7m- Adjusted operating profit from continuing operations up 1.6% to£177.0m- Fully diluted adjusted EPS for continuing operations up 3.3% to 49.8p - including Delta: 59.1p- £60.6m invested in acquiring eight events businesses and the remaining Canada Newswire stake- Recommending final dividend of 20.0p (2011: 20.0p) to bring total dividend to 26.7p, up 1.5%David Levin, UBM's Chief Executive Officer, commented:"2012 has been another good year for UBM both operationally and strategically.We grew overall revenues and profits, with robust underlying revenue growth in our key Events and PR Newswire businesses. Events now account for three quarters of the Group's continuing operating profit. We have continued to focus on large tradeshows; in 2012, 100 annual events generated revenues of more than £1m - accounting for 85% of annual event revenues.""The sale of the Delta businesses is a significant strategic step which simplifies UBM's business, improves the quality of our earnings, enhances underlying growth rates and removes the challenge of transitioning the Delta businesses to the digital environment. We can now focus on further developing UBM as a fast-growing and increasingly profitable events-led marketing services and communications business."
British American Tobacco increases 2012 full year dividend by 7%
FULL YEAR HIGHLIGHTS
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Revenue at constant rates of exchange grew by 4% with continued good pricing momentum.
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Reported revenue was down 1% due to adverse currency movements.
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Adjusted profit from operations at constant rates of exchange increased by 8%.
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Reported profit from operations increased by 15%.
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All four regions grew operating margin, contributing to the excellent growth of 160 basis points at Group level, to 37.4%.
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Group volumes were 694 billion, down 1.6%, mainly due to industry contractions in some of our larger markets.
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The four Global Drive Brands grew volume by 3%. Dunhill volumes were up 2%, Kent was up 1%, Lucky Strike grew 11%, and Pall Mall 3%.
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Adjusted diluted earnings per share rose by 7% and at constant rates, adjusted diluted earnings per share would have been up by 12%, principally as a result of the growth in profit from operations.
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Basic earnings per share were up 26% at 198.1p (2011: 157.1p).
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Recommended final dividend of 92.7p, taking the total dividend in respect of 2012 to 134.9p, an increase of 7%.
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Free cash flow was 81% of adjusted earnings.
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38.9 million shares were bought back at a cost of £1.25 billion, excluding transaction costs. The Board agreed a £1.5 billion share buy-back programme for 2013.
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New Management Board appointees announced. Des Naughton, currently Group Operations Director, appointed as Managing Director Next Generation Product, and Alan Davy to take over as Group Operations Director, effective 1 March 2013.
Capita increases 2012 Final dividend by 10%
Capita Plc Full year results for the year ended 31 December 2012 Good sales, operational and financial performanceRevenue £3,352m (£2,930m)Operating profit £471.7m (£340.9m)Profit before tax £425.6m (£290.0m)Earnings per share 53.16p (37.08p)Total dividend per share 23.5p (21.4p)Free cash flow £316m
RPS group increases dividend by 15% for 19th consecutive year
Results for the Year Ended 31 December 2012
Capital and Counties 2012 full year results
Ian Durant, Chairman of Capco, commented: "Capco's strong performance in 2012 continues the positive momentum generated since the Company was established in 2010. I am confident that Capco's strategy to unlock value from its core estates whilst maintaining a strong financial position will enable it to capitalise on opportunities for its shareholders and achieve market leading returns."
Hays holds 2012/13 interim dividend at 0.83p
Highlights Solid Group results in the context of more fragile and fast-changing conditions in several key markets Resilient profit performance due to our selective investment approach and strong cost control UK returned to profit through successful delivery of significant cost reduction programme Strong performance in Continental Europe & Rest of World, net fees increased 14%(1); markets mixed - Germany up 19%(1), Canada up 36%(1) Russia up 37%(1); but 7 countries saw net fees decrease Asia Pacific net fees decreased 11%(1); markets overall more challenging - Australia down 13%(1) including a step-down in Resources & Mining activity in Q2 - Asia down 6%(1) with markets tough but broadly stable UK & Ireland net fees decreased 6%(1); markets remained challenging but sequentially stable overall in H1 - Private sector net fees down 12%(1); Public sector up 15%(1) due to increased perm job churn Consultant headcount down 3% year-on-year, up 1% in the last six months Solid cash performance, with 82% conversion of operating profit into operating cash flow(3) 12% decrease in EPS(4) reflecting the Group's higher net finance charge and effective tax rateCommenting on these results Alistair Cox, Chief Executive, said:"I am pleased we have delivered such a resilient profit performance considering the fragile and rapidly changing environment we faced in the half. We have returned the UK business to profit, continued to invest for growth where markets are good such as in Germany or Canada, and taken rapid action to reduce costs in markets which deteriorated in the half such as Australia or France.What sets us apart in today's more volatile market is the scale and strength of the business model we have built. Our business is well balanced across temp and perm recruiting, has market leadership positions in both structural-growth and more mature markets, and has a sectoral diversity which is unrivalled in our industry. All of this is underpinned by our unique technology systems which not only help us improve our own productivity and efficiency but also allow us to capitalise on new evolutions in the market such as social media platforms.Looking ahead we expect overall conditions to remain fragile, but we have seen an encouraging return to work in our key temp and contractor businesses.Several markets are likely to remain challenging, but these will sit side by side with clear opportunities for growth. To be successful in this environment,we will continue to react quickly to the world as it changes, investing in stronger markets while reducing costs in tougher areas. Our focus is on long-term growth while driving profits along the way."
ITV increases 2012 full year dividend by 50% and pays special dividend
Delivering growth through Transformation
Henderson Group increases 2012 full year dividend by 2%
Commenting on the 2012 full year results Chief Executive, Andrew Formica said:
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