Recent articles for private investors with a focus on dividend announcements
Quilter PLC announces final dividend of 3.6pence per share The Quilter Board has recommended a final dividend of 3.6 pence per share at a total cost of £61 million. Subject to shareholder approval, the recommended final dividend will be paid on 17 May 2021 to shareholders on the UK and South African share registers on 9 April 2021. For shareholders on our South African share register a dividend of 76.88786 South African cents per share will be paid on 17 May 2021, using an exchange rate of 21.35774. This will bring the dividend for the full year to 4.6 pence per share (2019: 5.2 pence per share).
Balfour Beatty announce a recommended a final dividend of 1.5 pence, in accordance with new sustainable dividend policy The Balfour Beatty Board is committed to a sustainable ordinary dividend which is expected to grow over time, targeted at a pay-out ratio of 40% of underlying profit after tax excluding gain on disposal of Investments assets.
Legal & General announces a final dividend of 17.57 pence per share The Legal & General businesses and balance sheet have shown resilience during the COVID-19 pandemic. As a long-term company, they act prudently and take into consideration all of their stakeholders. As indicated at the Capital Markets event in November, the Board has declared a final dividend of 17.57p per share, flat against the prior year.
Hill & Smith announce a final dividend of 17.5p recommended, taking total dividend for the year to 26.7p In March 2020, the Hill & Smith Board made the decision to cancel the 2019 final dividend as a prudent measure to preserve £18m of cash given the COVID-19 related business closures and high levels of uncertainty. Given the improving trading performance and more positive outlook going into the third quarter, announced the resumption of dividend payments with the declaration of an interim dividend for 2020 of 9.2p per share in August 2020. Based on the strong trading performance and cash generation in the second half, the Board is recommending a final dividend of 17.5p per share, making a total dividend for the year of 26.7p per share. Underlying dividend cover remains a conservative 2.4 times.
Spirax Serco total dividend up by 7% to 118.0p The Spirax Sarco Board is recommending an increase in the final dividend of 8% to 84.5 pence per share (2019: 78.0 pence). Subject to approval of the final dividend by shareholders at the Annual General Meeting (AGM) on 12th May 2021, the total Ordinary dividend for the year will be 118.0 pence per share, an increase of 7% over the 110.0 pence per share for the prior year.
Tritax announces 1.17125 pence per share The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX) has today declared an interim dividend in respect of the period from 1 October to 31 December 2020 of 1.7125 pence per ordinary share, payable on or around 1 April 2021 to shareholders on the register on 19 March 2021. The ex-dividend date will be 18 March 2021.
CLS PLC announce final dividend of 15pence per share A CLS PLC announce a proposed final dividend of 5.20 pence per share to be paid on 29 April 2021, resulting in a total 2020 dividend of 7.55 pence per share, an increase of 2.0% (2019: 7.40 pence per share) and total accounting return for the year of 8.1% (2019: 9.3%)
FDM Group announce final dividend of 15pence per share FDM Group announce final dividend of 15.0 pence per share, following a first interim dividend of 18.5 pence per share declared in July 2020 and a second interim dividend of 13.0 pence per share declared in January 2021, giving a total dividend for the year of 46.5 pence, an increase of 191% on 2019's dividend of 16.0 pence
Keller PLC announce a recommended final dividend of 23.3p Notwithstanding the COVID-19 pandemic, the Board decided that it would be appropriate to maintain the 2019 final dividend and declare an interim dividend for 2020, prudently at the same level as in 2019. The continuation of dividend payments during 2020 reflected the financial strength of the Group, its significant liquidity position and the longer term confidence in the performance of the business.
Domino's Pizza PLC announce a final dividend of 9.1pence per share Domino's Pizza PLC announce a total dividend for FY20 of 9.1p per share proposed as a final dividend to be paid on 4 May 2021
M&G PLC announce an ordinary dividend of 12.23p per share, in line with policy of a stable or increasing dividend The M&G PLC Board have announced a final dividend of 12.12pence per share
Standard Life Aberdeen announce a final dividend of 7.3pence per share The Standard Life Aberdeen Board remains committed to delivering a dividend that is sustainable over the medium term. Reflecting current operating profitability, industry trends, and economic and market uncertainties, the Board is rebasing the dividend to a level from which it can be grown
Ultra Electronics announce a final dividend of 41.5pence per share Ultra's dividend policy has a through-cycle target of circa two times normalised cash and earnings cover. The 2020 proposed final dividend of 41.5p (2019: 39.2p postponed final dividend paid in September 2020) per share is proposed to be paid on 14 May 2021 to shareholders on the register at 9 April 2021 subject to approval at the Annual General Meeting. This will result in a final full year dividend of 56.9p (2019: 54.2p), which will be covered 2.3 times by underlying EPS.
Science Group PLC announce a recommended dividend of 4.0 pence The Science Group PLC Board announced in May 2020 that the final dividend in respect of 2019 would be withdrawn due to the Covid-19 pandemic. In October 2020, an interim dividend of 2.0 pence per share was paid at a cost of £0.8 million.
TP ICAP PLC announce final dividend of 2pence per share For 2020, the TP ICAP Board is recommending a final dividend per share (DPS) of 2p that equates to £16m. The dividend will be paid on 18 May 2021 (with a record date of 9 April 2021).
Headlam PLC announce a final dividend of 2pence per share Headlam PLC will be paying a nominal ordinary dividend of 2 pence per share in May 2021. Details of the payment, alongside the payment timetable for future dividends, are given in the Financial Review.
Pearson PLC announces 13.5pence per share final dividend Pearson PLC announces a proposed final dividend of 13.5p (2019: 13.5p), which equates to a full year dividend of 19.5p (2019: 19.5p).
Phoenix Group PLC announce a final dividend of 24.1pence per share Phoenix Group PLC have recommended a final dividend of 24.1p per share reflects a 3% increase on the 2020 interim dividend (23.4p per share) and equates to a 2020 full year dividend of 47.5p per share (2019: 46.8p per share).
Clarkson PLC announce a final dividend of 54pence per share In March 2020, the Clarkson PLC Board announced that it had deferred its decision on the amount and timing of the 2019 final dividend to give the business the time it needed to assess the financial impact of COVID-19. The Company has clearly risen to the challenges presented and its robust cash position gave the Board confidence to announce in August that the Company would pay the equivalent of the 2019 final dividend of 53p per share as an interim dividend on 21 September 2020 and a further interim dividend for 2020 of 25p per share (2019: 25p per share) on 11 December 2020.
Direct Line announce a proposed final ordinary dividend of 14.7 pence per share, increased 2.1% The Direct Line Group's solvency capital ratio, prior to any dividends or incremental capital returns, was 213% as at 31 December 2020. The Board has recommended a final dividend of 14.7 pence, an increase of 2.1% on the special interim dividend of 14.4 pence announced at the time of their interim results, which reflected a full catch up of the cancelled 2019 final dividend.
Gore Street Energy Storage announces a final dividend of 2pence per share The Board of Directors (the "Board") of Gore Street is today declares an interim dividend of 2.0 pence per share for the period 1 October 2020 to 31 December 2020. The dividend will be paid on or around 9 April 2021 to shareholders on the register on 18 March 2021.
Diversified Gas & Oil have declared a dividend of $4cents per share Diversified Gas & Oil are recommending a final quarterly dividend of $0.04/share, bringing the full-year 2020 dividend to $0.1525/share, 10% higher than 2019 ($0.1392/share), supported by accretive growth of its low-decline, long-life assets
London Stock Exchange announces a final dividend of 51.7 pence per share The London Stock Exhange Group announces a proposed final dividend of 51.7 pence per share, resulting in a 7% increase in the full year dividend to 75.0 pence per share, reflecting good performance and confident outlook for the new Group
ConvaTec announce final dividend of 3.983pence per share The ConvaTec Board is proposing a final dividend of 3.983 cents to per share and therefore a 2020 full year dividend of 5.7 cents per share, in line with the 2019 full year dividend. This is outside their stated policy of 35% to 45% of adjusted net profit but is a reflection of the Board's confidence in the future performance of the Group, its underlying financial strength, realised distributable reserves position, cash generation and liquidity.
Essentra PLC announce a final dividend of 3.3pence per share Given the Essentra's resilient performance, encouraging outlook and strong financial position, the Board recommends a resumption of dividend payments, with a FY 2020 final dividend of 3.3p per share. The dividend payment being proposed is to be funded in full from cash flows generated from the operations of the Company during 2020
Synthomer PLC final 2020 dividend of 8.6 pence in line with Group's dividend policy Following the reintroduction of the 2020 interim dividend the Synthomer Board has recommended a final ordinary dividend of 8.6p (2019: nil p) per share. Taken with the 2020 interim ordinary dividend of 3.0p (2019: 4.0p) per share, the total ordinary dividend is 11.6p (2019: 4.0p). The total dividend for the year is in line with the Group's dividend policy with the dividend representing 40% of the Underlying earnings per share. The final dividend per share is subject to shareholder approval at the Annual General Meeting on 29 April 2021 and will be payable on 5 July 2021 to those shareholders registered at the close of business on 3 June 2021.
Vistry PLC announce a resumed final dividend of 20pence per share The Vistry Board confirms the resumption of dividend payments with a 20 pence per share final dividend proposed in respect of 2020. Going forward the group is targeting to maintain a strong balance sheet while operating with a progressive dividend policy which allows the Group to move towards a 1.75x dividend cover over time.
LondonMetric Property announces third quarterly interim dividend of 2.1 pence per share LondonMetric Property Plc ("LondonMetric") today declares its third quarterly interim dividend of 2.1 pence per Ordinary Share ("Dividend"), which is a 5% increase on the previous year's third quarterly dividend.
Rathbone Brothers PLC announce final dividend of 47p The Rathbone board recommends a final dividend of 47p for 2020 (2019: 45p), making a total of 72p for the year (2019: 70p), an increase of 2.9% on 2019. This reflects confidence in the outlook for the business and its strong capital position. The dividend will be paid on11 May 2021.
CRH announce final dividend of 93cents per share The CRH Board is recommending a final dividend of 93.0c per share. This would give a total dividend of 115.0c for the year (2019: 92.0c), an increase of 25% over last year.
Triple Point Social Housing REIT announce 1.295pence per ordinary share The Board of Directors of Triple Point Social Housing REIT plc (ticker: SOHO) has declared an interim dividend in respect of the period from 1 October to 31 December 2020 of 1.295 pence per Ordinary Share, payable on or around 26 March 2021 to holders of Ordinary Shares on the register on 12 March 2021. The ex-dividend date will be 11 March 2021.
Melrose Industries PLC announces a dividend of 0.75pence per share Having taken the decision to withdraw the final 2019 dividend and not pay an interim 2020 dividend due to the impact of the global pandemic, the Melrose Industries Board is pursuing the stability and performance of the Group and since then has enabled a proposed final dividend for 2020 of 0.75 pence per share (2019: nil). With no 2020 interim dividend having been paid, this represents the total dividend for the year (2019: 1.7 pence). It should be noted that all payments received by the Group under the UK Coronavirus Job Retention Scheme were fully repaid last year.
Admiral Group announces a proposed final dividend of 86.0 pence per share The Admiral Group Board has proposed a final dividend of 86.0 pence per share (2019: 77.0 pence per share, including the special dividend which was deferred and subsequently paid alongside the 2020 interim dividend) representing a normal dividend (65% of post-tax profits) of 63.6 pence per share and a special dividend of 22.4 pence per share. The dividend will be paid on 4 June 2021. The ex-dividend date is 6 May 2021 and the record date is 7 May 2021.
Vesuvius PLC announce a final dividend of 14.3pence per share The Board Vesuvius has recommended a final dividend of 14.3 pence, bringing the total dividend for the year to 17.4 pence per share (2019: 6.2 pence per share, following the cancellation of the 14.3p proposed final 2019 dividend).
Assura PLC announces a 0.71pence per share dividend Assura PLC today announces that the next quarterly interim dividend of 0.71 pence per share will be paid on 14 April 2021 to shareholders on the register on 12 March 2021 (the "Record Date"). The Ex-dividend Date will be 11 March 2021.
Coats PLC final dividend of 1.3cents per share Coats PLC announce proposed final dividend of 1.30 cents per share as a result of the strength of the balance sheet, the encouraging recovery, and the Board's confidence in the strategy and outlook for the Group.
Morgan Advanced Materials announce a in a dividend of 3.5 pence per share The Morgan Advanced Materials Board is recommending a final dividend, subject to shareholder approval, of 3.5 pence per share on the Ordinary share capital of the Group, payable on 21 May 2021 to Ordinary shareholders on the register at the close of business on 30 April 2021. The ex-dividend date is 29 April 2021.
Tyman PLC announce final dividend of 49pence per share As a result of uncertainty surrounding the COVID-19 pandemic, the Tyman PLC Board took the decision to cancel the 2019 final dividend of 8.35 pence per ordinary share that was proposed with the 2019 results announcement on 5 March 2020. Furthermore, no interim dividend was declared in 2020. As a result of the strong performance in the second half of 2020 and the robust balance sheet position, the Board considers it appropriate to declare a modest final dividend for 2020. A final dividend of 4.0 pence per share (2019: nil pence), equivalent to £7.8 million based on the shares in issue as at 31 December 2020, will be proposed at the Annual General Meeting (2019: £nil). The total dividend declared for the 2020 financial year is therefore 4.0 pence per share (2019: 3.9 pence), an increase of 2.6%. This equates to a Dividend Cover of 6.8x. The Board intends to return to a progressive dividend policy when conditions allow.
Hunting PLC final dividend of 4.0 cents per share proposed Final dividend proposed by the Board. Hunting's resilience through the past 12 months demonstrates its ability to respond decisively despite challenging market conditions, while also executing key strategic initiatives that will deliver future growth.
Aviva announce final dividend of 14pence per share On 3 March 2021, the Directors agreed a recommendation to shareholders of a final dividend of 14.0 pence per share on Aviva ordinary shares. Subject to shareholder approval at the 2021 Annual General Meeting, the final dividend for the year ending 31 December 2020 will be paid on 14 May 2021 to shareholders on the Register of Members at the close of business on the record date of 9 April 2021. Holders of Aviva American Depository Receipts (ADRs) will be paid the dividend approximately four business days after the payment to ordinary shareholders. The last election date for the Dividend Reinvestment Plan (DRIP) is 22 April 2021.
Hansard Global proposes an interim of 1.8pence per share Taking into account the current financial position and future outlook, the Hansard Gobal Board has resolved to maintain its interim dividend at 1.8p per share (H1 2020: 1.8p per share). This will be paid on 20 April 2021 with an ex-dividend date of 11 March 2021.
Galliford Try PLC announce a resumption of dividend under a new and enhanced dividend policy, with an interim dividend of 1.2p per share declared The Galliford Try Board recognises the importance of dividends to shareholders, and in formulating its dividend policy has taken into account the Group's return to profitability, its strong balance sheet and high quality order book as well as its longer term prospects.
Schroders PLC announce final dividend of 79pence per share The Schroders Board continues to maintain a robust capital position. Accordingly, and reflecting resilient financial performance, the Board will recommend to shareholders a final dividend of 79.0 pence (2019: 79.0 pence), which is unchanged from 2019. This will bring the total dividend for the year to 114.0 pence (2019: 114.0 pence). The final dividend will be paid on 6 May 2021 to shareholders on the register at 26 March 2021.
Rentokil PLC announce final dividend at 47pence per share In view of their performance in 2020, and confidence for 2021 and beyond, the Rentokil Board is recommending resuming dividends with a dividend payment of 5.41p, payable to shareholders on the register at the close of business on 9 April 2021, to be paid on 19 May 2021. The last day for DRIP elections is 27 April 2021.
Vivo Energy PLC announce a recommended final dividend of 3.8 cents per share, in line with the full year dividend proposed for 2019 Due to the positive performance continuing in Q4, the Vivo Energy Board has recommended a final dividend of 3.8 cents per share ($48 million) in respect of 2020. This is in line with stated progressive dividend policy and equal to the proposed 2019 full year dividend of 3.8 cents, despite the impacts of COVID-19 on the business during the year. If approved at the AGM, the final dividend will be paid to shareholders on 25 June 2021.
Persimmon announces dividends of 40p (£127.5m) and 70p (£223.2m) per share paid on 14 September and 14 December 2020 respectively The Persimmon Directors propose to return 125 pence of surplus capital to shareholders for each ordinary share held on the register on 12 March 2021 with payment made on 26 March 2021 as an interim dividend in respect of the financial year ended 31 December 2020. The Directors propose two further additional distributions relating to surplus capital returns of 55 pence per share each as interim dividends with respect to the financial year ended 31 December 2020. These distributions to shareholders are anticipated to be made in August 2021 and in December 2021. Both additional distributions of surplus capital will be subject to continuous Board assessment. The total anticipated distributions to shareholders is therefore 235 pence per share (2019: 110 pence per share) in respect of the financial year ended 31 December 2020.
Polymental International announce a final dividend of 0.89 US cent per share In view of the strong balance sheet and underlying business performance in 2020, the Polymetal International Board has proposed a final dividend of US$ 0.89 per share (approx. US$ 419 million), which includes US$ 0.74 per share representing 50% of underlying net earnings for the 2H 2020 and a discretionary payment of US$ 0.15 per share adjusting the total dividend for 2020 for 100% of free cash flow for the FY 2020, in accordance with Polymetal's revised dividend policy. This will bring the total dividend declared for FY 2020 to US$ 608 million (2019: US$ 385 million), which represents US$ 1.29 per share, up 57% compared to US$ 0.82 per share in 2019.
Nichols PLC announce final dividend of 8.8p In March 2020, the Nichols PLC Board made the decision to withdraw the final dividend (28.0p) for 2019, due to the uncertainties concerning the financial impact of Covid-19. At the half year, the Board agreed the rebalancing of dividend policy to consider the two financial years 2019 and 2020 as a single review period and paid 28.0p, as the Interim Dividend for 2020, in September 2020.
Prudential PLC announce final dividend of 10.73 US cents Prudential plc ("Prudential") has today announced its 2020 second interim dividend of 10.73 US cents per ordinary share.
Avast PLC announce a total dividend for the year of 16.0 US cents per share, up 8.8% The Avast PLC Directors propose to pay a final dividend of 11.2 cents per share in respect of the year ending 31 December 2020 (payment of $115.3m). Combined with the interim dividend of 4.8 cents per share paid in October 2020 (payment of $49.3m), this gives a total dividend for the financial year of 16.0 cents (total payment of $164.6m), which represents 40% of the Group's levered free cash flow for the period, in accordance with the Company's dividend policy. Subject to shareholder approval, the final dividend will be paid in USD on 18 June 2021 to shareholders on the register on 14 May 2021. There will be an option for shareholders to elect to receive the dividend in pounds sterling and such an election should be made no later than 28 May 2021. The foreign exchange rate at which dividends declared in US dollars will be converted into pounds sterling will be calculated based on the average exchange rate over the five business days prior to 3 June 2021 and announced shortly thereafter.
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