Recent articles for private investors with a focus on dividend announcements
Senior Plc announce a final dividend of 1.70p, bringing full year dividend to 2.30p,
Senior plc announce a final dividend of 1.70 pence per share (2022 - 1.00 pence). This will be paid on 31 May 2024 to shareholders on the register at close of business on 3 May 2024. This brings the total dividends, paid and proposed for 2023, to 2.30 pence per share (2022 - 1.30 pence). They will continue to follow a progressive dividend policy reflecting earnings per share, free cash flow generation, market conditions and dividend cover.
Clarkson announce a full year dividend of 102p
The Clarkson Board has recommended a final dividend of 72p per share, bringing the total dividend for 2023 to 102p per share, an increase of 10% compared to 2022. This reflects their confidence in the future prospects of the Group and their commitment to continued delivery of shareholder returns
Craneware Plc announce an interim dividend of 13.0p
The Craneware Plc Board has declared a dividend of 13.0p (16.51 cents) per ordinary share, payable on 15 April 2024 to those shareholders on the register as at 22 March 2024 (FY23 Interim dividend 12.5p). The ex-dividend date is 21 March 2024.
Rightmove Plc announce a final dividend for 2023 up 10% to 5.7p
Rightmove plc is recommending a final dividend of 5.7p per share for 2023 (2022: 5.2p). The final dividend will be paid, subject to shareholder approval, on 24 May 2024, taking the total dividend for the year to 9.3p (2022: 8.5p).
IMI plc announce a proposed final dividend of 19.2p, increased by 10%
The IMI Plc Board is recommending a 2023 final dividend of 19.2p per share (2022: 17.4p per share). Payment will be made on 17 May 2024 to shareholders on the register at the close of business on 5 April 2024.
Pearson Plc have proposed a final dividend of 15.7p
The dividend accounted for in the Pearson Plc 2023 financial statements totalling £155m represents the final dividend in respect of 2022 (14.9p) and the interim dividend for 2023 (7.0p). They are proposing a final dividend for 2023 of 15.7p bringing the total paid and payable in respect of 2023 to 22.7p. This final 2023 dividend which was approved by the Board in February 2024, is subject to approval at the forthcoming AGM. For 2023, the dividend is covered 2.6 times by adjusted earnings.
Serco Group plc announce a recommended final dividend per share of 2.27p
The Serco Group plc Board has decided to declare a final dividend of 2.27p per share in respect of the year ended 31 December 2023 (2022:1.92p per share).
Weir Group plc announce a full year dividend of 38.6p
The Weir Group plc Board is recommending a final dividend of 20.8 pence per share. In line with their policy to pay out 33% of adjusted earnings per share (EPS), this equates to a total full year dividend of 38.6 pence per share and represents an increase of 18% on the prior year. The final dividend will be paid on 31 May 2024 to Shareholders on the register on 19 April 2024.
MacFarlane Group plc proposes a final dividend of 2.65p per share
The MacFarlane Group plc Board proposes a final dividend of 2.65p per share (2022: 2.52p per share) payable on 30 May 2024, taking the total dividend for 2023 to 3.59p per share (2022: 3.42p per share) up 5% on 2022.
Vesuvius Plc announce a proposed final dividend of 16.2p
The Vesvuius Plc Board has recommended a final dividend of 16.2 pence, bringing the total dividend for the year to 23.0 pence per share, which is a 3.4% year on year increase on the total dividend for 2022 of 22.25 pence per share. This represents a dividend cover of 2.0x compared to adjusted EPS for 2023.
Cairn Homes Plc has recommended a final dividend of 3.2 cent per ordinary share
The Cairn Homes Plc Board has recommended a final dividend of 3.2 cent per ordinary share, which, combined with the interim dividend of 3.1 cent per ordinary share, results in a total dividend of 6.3 cent per ordinary share for the year (2022: 6.1 cent per share). The proposed final dividend of 3.2 cent per ordinary share will be paid on 17 May 2024 to ordinary shareholders on the Company's register at 5:00 p.m. on 26 April 2024, subject to shareholder approval at the Company's Annual General Meeting on 10 May 2024. Additionally, during 2023, the Company completed €42.7 million of our €75.0 million share buyback programme and acquired 38.7 million shares. All repurchased shares have been cancelled and the remaining share buyback is expected to be completed subject to market conditions.
Drax Group announce a proposed final dividend of 13.9 pence per share
The Drax Group Board proposes to pay a final dividend in respect of 2023 of £53 million, equivalent to 13.9 pence per share. This will make the full year 2023 dividend £89 million (23.1 pence per share) (2022: £84 million, 21.0 pence per share).
Synectics PLC proposes a final dividend of 3p per share for FY23, a 50% increase from FY22.
Synectics PLC proposes a final dividend of 3p per share for FY23, a 50% increase from FY22 (2p for FY22). Subject to shareholders' approval at the Company's forthcoming Annual General Meeting to be held on 24 April 2024, management recommended a final dividend of 3.0p per share (2022: 2.0p) to be paid on 3 May 2024 to shareholders on the register as of the close of business on 12 April 2024 (the shares being marked ex-dividend on 11 April 2024). No interim dividend was paid during 2023 (2022: £nil).
Law Debenture Corp plc 2023 full year dividend expected to increase by 4.9% to 32.0 pence per ordinary share
2023 full year dividend expected to increase by 4.9% to 32.0 pence per Ordinary Share (2022: 30.5 pence per Ordinary Share).
Smith & Nephew Plc announces full year dividend of 37.5¢ per share
Smith & Nephew Plc management proposed a Final Dividend of 23.1¢ per share (46.2¢ per ADS), showing no increase from FY22 (2022: 23.1¢ per share). Together with the Interim Dividend of 14.4¢ per share (28.8¢ per ADS), this will give a total distribution of 37.5¢ per share (75.0¢ per ADS), unchanged from 2022. Subject to confirmation at their Annual General Meeting, the Final Dividend will be paid on 22 May 2024 to shareholders on the register at the close of business on 2 April 2024.
Croda International PLC proposes a final dividend of 62.0p per share amounting to a total of £86.5m for FY23
Croda International PLC management proposed a final dividend of 62.0p per share amounting to a total of £86.5m in respect of the financial year ended 31 December 2023. Subject to shareholder approval, the dividend will be paid on 29 May 2024 to shareholders registered on 19 April 2024. The total proposed dividend for the year ended 31 December 2023 will be 109.0p per share amounting to £152.1m.
Unite Group Plc are proposing a final dividend payment of 23.6p per share
Unite Group Plc are proposing a final dividend payment of 23.6p per share (2022: 21.7p), making 35.4p for the full year (2022: 32.7p) and representing an 8% increase compared to 2022. This represents a payout ratio of 80% of adjusted EPS. The final dividend will be fully paid as a Property Income Distribution (PID) of 23.6p, which they expect to fully satisfy our PID requirement for the 2023 financial year.
The Bunzl Board is recommending a final dividend of 50.1p
The Bunzl Board is recommending a final dividend of 50.1p, 10.4% higher than the prior year, resulting in a full year dividend of 68.3p. This represents an 8.9% increase in the total dividend compared to 2022 and is Bunzl's 31stconsecutive year of annual dividend growth. The Group remains committed to ensuring sustainable dividend growth.
Tristel announce a doubling of their interim dividend to 5.24p per share
The Tristel Board is recommending an interim dividend of 5.24 pence (2022: 2.62 pence) to be paid on 12 April 2024. The associated ex-dividend date will be 21 March 2024 with a record date of 22 March 2024.
Standard Chartered announce a proposed final dividend of $560m or 21c per share
Standard Chartered plc announce a final ordinary dividend per share of 21 cents has been proposed taking the full-year total to 27 cents, a 50 per cent increase. The Group also completed two share buyback programmes totalling $2 billion which along with a new share buyback programme of $1 billion to be announced imminently. Since 1 January 2022, total shareholder distributions announced total $5.5 billion
Genus plc announce an interim dividend of 10.3p per
The Genus Board has declared an unchanged interim dividend of 10.3 pence per share, which is payable on 28 March 2024 to shareholders on the register at 1 March 2024.
ME Group International Plc announce final dividend of 4.42pence per share
The ME Group International Plc Board has recommended a final dividend for the year ended 31 October 2023 of 4.42 pence per Ordinary share ("Final Dividend") amounting to £16.6 million. Combined with the Interim Dividend, this brings the total dividend for the year ended 31 October 2023 to 7.39 pence per Ordinary share (£27.9 million).
Lloyds Bank Group announce a final ordinary dividend of 1.84pence per share
The Lloyds Banking Group Board has recommended a final ordinary dividend of 1.84 pence per share, resulting in a total ordinary dividend for 2023 of 2.76 pence per share, up 15 per cent on prior year and in line with the Group's progressive and sustainable ordinary dividend policy.
WPP Plc announce a final dividend of 24.4p
The WPP Plc Board is proposing a final dividend for 2023 of 24.4 pence per share, which together with the interim dividend paid in November 2023 gives a full-year dividend of 39.4 pence per share. The record date for the final dividend is 7 June 2024, and the dividend will be payable on 5 July 2024.
Anglo American has proposed a final dividend of $0.41
The Anglo American Board has proposed a final dividend of $0.41 per share (2022: $0.74 per share), equivalent to $0.5 billion (2022: $0.9 billion).
The Hargreaves Lansdown Plc Board has declared an interim dividend of 13.2 pence per share
The Hargreaves Lansdown Plc Board has declared an interim dividend of 13.2 pence per share in line with their guidance of a 4% increase on H1 2023.
Hays plc declare an unchanged interim dividend of 0.95 pence per share
The Hays plc Board has declared an unchanged interim core dividend of 0.95 pence per share, reflecting a strong financial position and the Board's confidence in the Group's strategy. This represents pre-exceptional dividend cover of 2.5x, within our target core full year dividend cover range of 2.0 to 3.0x earnings. The ex-dividend date is 29 February 2024, and their dividend payment date will be 9 April 2024
Morgan Sindall Group announce a total dividend up 13% to 114p per share
The Morgan Sindall Group plc proposed final dividend has increased by 15% to 78p per share (FY 2022: 68p), resulting in a total dividend for the year of 114p per share (FY 2022: 101p), an increase of 13%. This represents dividend cover of 2.2x and reflects the result for the year, the strong balance sheet and the Board's confidence in the long-term prospects of the Group.
Hikma Pharmaceuticals Plc Board is recommending a final dividend of 47 cents per share
The Hikma Pharmaceuticals Plc Board is recommending a final dividend of 47 cents per share (2022: 37 cents per share) bringing the total dividend for the full year to 72 cents per share (2022: 56 cents per share). This equates to a payout ratio of around 32%, which is above their historical range of 20% to 30%. We intend to progressively increase their dividend, with a payout ratio in the range of 30% to 40%, reflecting the Board's confidence in the long-term growth prospects for the Group. The proposed dividend will be paid on 3 May 2024 to eligible shareholders on the register at the close of business on 22 March 2024, subject to approval at the Annual General Meeting on 25 April 2024.
HSBC Holdings announce a fourth interim dividend of $0.31 per share
The HSBC Board has approved a fourth interim dividend of $0.31 per share, resulting in a total for 2023 of $0.61 per share. They also intend to initiate a share buy-back of up to $2.0bn, which they expect to complete by their first quarter 2024 results announcement.
BAE Systems has recommended a final dividend of 18.5p
The BAE Systems Board has recommended a final dividend of 18.5p, taking the total dividend for 2023 to 30.0p - an increase of 11.1% on last year. Subject to shareholder approval at the 2024 Annual General Meeting, the dividend will be paid on 3 June 2024 to shareholders on the share register on 19 April 2024.
Antofagasta Plc have announced a recommended final dividend of 24.3 cents per share
Antofagasta plc announce a recommended final dividend of 24.3 cents per share, in line with the Company's dividend policy of distributing at least 35% of earnings. The proposed final dividend is subject to approval by shareholders at the Company's AGM in May 2024, and if approved, would bring the total dividend for the year to 36.0 cents per share (50% of underlying earnings per share).
Intercontinental Hotels Group Proposes 10% Increase in Final Dividend for 2023, Totaling 152.3¢ for FY23.
Intercontinental Hotels Group (Ticker: IHG) proposed a final dividend of 104.0¢ in respect of 2023, which is a growth of 10% from 2022. With the interim dividend of 48.3¢ paid in October 2023, the total dividend for the year would be 152.3¢, representing an increase of 10%. The ex-dividend date is Thursday 4 April 2024 and the record date is Friday 5 April 2024.
Plus500 Ltd have declared a final dividend of $31.0 million
On 20 February 2024, Plus500 Ltd declared a final dividend in an amount of $31.0 million ($0.3911 per share). The dividend record date is 1 March 2024 and it will be paid to the shareholders on 11 July 2024.
BHP Shareholders to Receive Enhanced Final Dividend of US$0.80 Per Share, Surpassing Minimum Payout Policy
BHP announced a final dividend of US$0.80 per share (US$4.1 bn), equivalent to a 59% payout ratio and inclusive of an additional amount of US$0.64 bn above the minimum 50% payout policy. This brings total cash dividends announced for FY23 to US$1.70 per share, including an additional amount of US$1.9 bn above the minimum payout policy, and making this the third largest full year ordinary dividend declared by the firm.
Moneysupermarket.Com Group Plc announce a full-year dividend up 3% to 12.1p
The Moneysupermarket.com Group Plc Board has recommended a final dividend of 8.9p pence per share (2022: 8.6p), making the proposed full year rdividend 12.1p pence per share (2022: 11.7p). The final dividend will be paid on 10 May 2024 to shareholders on the register on 2 April 2024, subject to approval by shareholders at the Annual General Meeting to be held on 2 May 2024.
RELX Plc announce a proposed full year dividend 58.8
RELX Plc announce their final dividend proposed by the Board is 41.8p per share (subject to shareholder approval at the 2024 AGM). If approved, the final dividend will be paid on 13 June 2024, with an ex-dividend date of 2 May 2024 and a record date of 3 May 2024. Shareholders on the Register of Members or holding shares in CREST will automatically receive their dividends in Pounds Sterling (but may elect to receive their dividends in Euro). Shareholders who hold shares through Euroclear Nederland will automatically receive their dividend in Euro (but may elect to receive their dividend in Pounds Sterling). The closing date for currency elections is 20 May 2024.
MJ Gleeson Plc Board declare an interim dividend of 4.0 pence per share
The MJ Gleeson Plc Board is declaring an interim dividend of 4.0 pence per share (H1 22/23: 5.0 pence per share). The Company's policy of covering total full year dividends with earnings between three and five times remains in place.
South32 announce an interim dividend of US 0.4 cents per share
The South32 Board has resolved to pay an interim dividend of US 0.4 cents per share (fully-franked) for the half year ended 31 December 2023.
Dunelm Group Plc announce an iterim dividend of 16p an increase of 7%
The Dunelm Group Board has declared an interim ordinary dividend of 16 pence per share, an increase of 7% compared to FY23 (FY23 H1: 15p), at a cash cost of £32m. The interim dividend will be paid on 9 April 2024 to shareholders on the register at the close of business on 14 March 2024.
British American Tobacco has declared an interim dividend of 235.5p
The British American Tobacco plc Board has declared an interim dividend of 235.5p per ordinary share of 25p for the year ended 31 December 2023, payable in four equal quarterly instalments of 58.8795p per ordinary share in May 2024, August 2024, November 2024 and February 2025. This represents an increase of 2.0% on 2022 (2022: 230.9p per share), and a pay-out ratio, on 2023 adjusted diluted earnings per share, of 62.7%.
AstraZeneca announce a second interim dividend declared of $1.97 per share
Astrazeneca plc second interim dividend of $1.97 per share (156.0 pence, 20.65 SEK) has been declared, resulting in a full-year dividend per share of $2.90 (227.8 pence, 30.29 SEK)
Unilever declare an interim dividend of £0.3647
The Unilever plc Board has declared a quarterly interim dividend for Q4 2023 of £0.3647 per Unilever PLC ordinary share or €0.4268 per Unilever PLC ordinary share at the applicable exchange rate issued by WM/Reuters on 6 February 2024.
PZ Cussons to reduce the interim dividend by 44% to 1.50p
The PZ Cussons plc Board has reviewed the dividend carefully given the material devaluation of the Naira, particularly as it is difficult to foresee a significant rebound in the value of the currency in current circumstances. Had the exchange rate as at 31 January 2024 been the rate used to translate the FY23 results, FY23 EPS would have been over 30% lower. As a result, the Board has determined that it would not be prudent to pay an unchanged dividend. It has therefore elected to pay an interim dividend of 1.50p with the objective of achieving a cover of approximately two times for FY24.
Redrow announce an interim dividend of 5pence per share
Redrow plc have declared an interim dividend of 5 pence per share. This will be paid on 8 April 2024 to those shareholders on the register at the close of business on 23 February 2024.
Barrett Developments plc announce an interim ordinary dividend of 4.4p
The Barratt Developments plc Board has declared an interim dividend of 4.4 pence per share (HY23: 10.2 pence per share). The interim dividend will be paid on Friday 17 May 2024 to all shareholders on the register on Friday 12 April 2024. Shareholders who wish to elect for the Dividend Reinvestment Plan should do so by 26 April 2024. The Board, in line with its stated dividend policy, continues to target a full year ordinary dividend based on an ordinary dividend cover of 1.75x adjusted earnings per share.
Smurfit Kappa Group Plc announce a final dividend increased by 10% to 118.4 cent per share
The Smurfit Kappa Group Plc Board is recommending a 10% increase in the final dividend to 118.4 cent per share. It is proposed to pay this dividend on 10 May 2024 to all ordinary shareholders on the share register at the close of business on 12 April 2024, subject to the approval of the shareholders at the AGM.
Alumasc Group plc approves an interim dividend per share of 3.45 pence
Alumasc Group plc (ALU:LSE), has approved an interim dividend per share of 3.45 pence (FY23 interim dividend: 3.40 pence) which will be paid on 8 April 2024 to shareholders. The cash cost of the dividend is expected to be £1,240,000. As the dividend was approved after the statement of financial position date, it has not been accrued in the interim consolidated financial statements. A final dividend per share of 6.90 pence for the 2022/23 financial year was paid at a cash cost of £2,482,000 from six months to 31 December 2023.
Renishaw plc have declared an Interim dividend of 16.8p per share
The Renishaw Board has approved an interim dividend of 16.8 pence net per share (FY2023: 16.8p), which will be paid on 9 April 2024 to shareholders on the register on 8 March 2024.
Mattoli Woods announce an interim dividend up 2.3% to 9.0p
The Mattioli Woods Board is pleased to announce an interim dividend of 9.0p per share (1H23: 8.8p) up 2.3%, demonstrating their desire to deliver value to shareholders. The Board continues to review its dividend policy given the increased number of shares in issue following recent acquisitions since the policy was established, alongside the need to invest in scale, increased efficiency, and acquisitions. The Board currently maintains a progressive dividend policy, while maintaining an appropriate level of dividend cover. The interim dividend will be paid on 22 March 2024 to shareholders on the register at the close of business on 16 February 2024, with an ex-dividend date of 15 February 2024.
701-750 of 7440
