Recent articles for private investors with a focus on dividend announcements

Wynnstay Group have announce an increased interim dividend of 5.50p
The Wynnstay Group Board is to declare an increased interim dividend of 5.50p per share (2021: 5.40p), up by 1.8% year-on-year. Dividend cover remains prudent at over two times earnings.

Record Plc have proposed a final ordinary dividend to 2.45p per share
The Record Plc Board announce a 36% increase in proposed final ordinary dividend to 2.45p per share (FY-22: 1.80p); 25% increase in total ordinary dividend for the year to 4.50p per share (FY-22: 3.60p)

The Latham (James) has declared a final dividend of 20.8p per Ordinary Share
The Latham (James) Board has declared a final dividend of 20.8p per Ordinary Share (2022: 19.0p) plus a special dividend of 8.0p (2022: 8.0p) to reflect the exceptional performances both this year and the previous year. The dividend is payable on 25 August 2023 to ordinary shareholders on the Company's register at close of business on 4 August 2023. The ex-dividend date will be 3 August 2023. The total dividend per ordinary share of 36.05p for the year (2022: 33.5p) is covered 5.0 times by earnings (2022: 6.8 times).

Mulberry Group has announced a final dividend of 1 pence per share.
Mulberry Group's Board is proposing a final dividend for the 52-week period to 1 April 2023 of 1 pence per ordinary share (2022: 3 pence per ordinary share) to be paid, (subject to shareholder approval) on 24 November 2023 to shareholders on the register at 27 October 2023.

Telecom Plus has announced a final dividend of 46p per share
Telecom Plus has announced a final dividend of 46p per share (2022: 30p) will be paid on 11 August 2023 to shareholders on the register at the close of business on 21 July 2023 and is subject to approval by shareholders at the Company's Annual General Meeting which will be held on 4 August 2023. This makes a total dividend payable for the year of 80p (2022: 57p). This will equate to a full-year dividend of 80p per share.

STM Group have announced the total proposed dividend of 1.20p per ordinary share
The STM Board is proposing a final dividend of 0.60p per ordinary share (2021: 0.90p) which recognises that there are a number of material operational and strategic matters that are yet to be concluded upon. This makes the total proposed dividend of 1.20p per ordinary share (2021: 1.50p).

The CML Microsystems have announced a recommended final dividend of 6.0p per share
The CML Microsystems Board is proposing a final dividend of 6p (FY22: 5p), giving a full year dividend of 11p (FY22: 9p) as communicated in the Chairman's Statement.

Cake Box Holdings announce a dividend of 5.5 pence per share
Cake Box Holdings plc announce a dividend per share for the full year: 5.5 pence per share recommended. (Interim dividend of 2.625 pence per share).

Dewhurst Group Plc have declared an increased interim dividend of 4.75p per ordinary share
The Dewhurst Group Plc Directors have declared an increased interim dividend of 4.75p per ordinary share (2022: 4.50p) which amounts to £384,000 (2022: £364,000). The interim dividend is payable on 15 August 2023 and will be posted on 10 August 2023 to shareholders appearing in the Register on 7 July 2023 (ex-dividend date being 6 July 2023).

Halfords declare a final dividend of 7p per share
Following the payment of an interim dividend of 3.0p per share on 20 January 2023, the Halfords Board are proposing a FY23 final dividend of 7.0p per share (FY22: 6.0p per share) which will absorb an estimated £15.3m (2022: £13m) of shareholders’ funds. It will be paid on 15 September to shareholders who are on the register of members on 11 August 2023. This results in a total of 10.0p per share for the year (FY22: 9.0p per share).

Norcros announces final dividend of 6.8p per share
For the year ended 31 March 2023, Norcros' board is recommending a final dividend of 6.8p (2022: 6.9p) per share. When combined with the interim dividend of 3.4p (2022: 3.1p) per share, which was paid on 10 January 2023, this will make a total dividend for the year of 10.2p (2022: 10.0p) per share, a 2.0% increase on the previous year.

Halma announces total dividend paid and proposed per share, comprising interim dividend of 7.86p per share and proposed final dividend of 12.34p per share.
The Halma Board has announced that the final dividend for the financial year ended March 2023 is subject to approval by shareholders at the Annual General Meeting on 20 July 2023 and, if approved, will be paid on 18 August 2023 to shareholders on the register at 14 July 2023.

Palace Capital has announced total dividends paid or declared for the year increased by 13.2% to 15.0 pence per share
The Palace Capital Group paid or declared dividends of 15.0 pence per share (2022: 13.25 pence per share) in relation to the year ended 31 March 2023, including a proposed final fourth quarter dividend of 3.75 pence per share. The total dividend of 15.0 pence per share is covered 114% by adjusted earnings per share.

The Fuller, Smith & Turner Board is to announce a final dividend of 10.0p
The Fuller, Smith and Turner Board is to announce a final dividend of 10.0p (FY2022: 7.41p) per 40p 'A' and 'C' ordinary share and 1.0p (FY2022: 0.741p) per 4p 'B' ordinary share, representing a year-on-year increase of 35%. This will be paid on 27 July 2023 to shareholders on the share register as at 23 June 2023. The total dividend of 14.68p (FY2022: 11.31p) per 40p 'A' and 'C' ordinary share and 1.468p (FY2022: 1.131p) per 4p 'B' ordinary share represents a 30% year-on-year increase and continue a return to a progressive dividend policy.

Eckoh announce a final dividend of 0.74 pence per share
The Eckoh Board are proposing a final dividend for the year ended 31 March 2023 of 0.74 pence per Ordinary Share be paid to the Shareholders whose names appear on the register at the close of business on 22 September 2023, with a payment date of 20 October 2023. The ex-dividend date will be 21 September 2023. This proposal will be put to the Shareholders at the Annual General Meeting. Based on the shares in issue at the year end, this payment would amount to £2.2m.

Safestore Holdings announce a dividend of 5.3% to increase in the interim dividend to 9.9p
The Safestore Holdings Board has announced an interim dividend of 9.9 pence per share, representing a 5.3% increase from the interim dividend paid last year of 9.4 pence. This will amount to a dividend payment of £21.6m (H1 2022: £19.8m). The dividend will be paid on 10 August 2023 to shareholders who are on the Company's register at the close of business on 7 July 2023. The ex-dividend date will be 6 July 2023. 25% (H1 2022: 25%) of the dividend will be paid as a REIT Property Income Distribution ("PID").

Severfield Plc declare a final dividend of 2.1p per share
The Severfield Plc directors are recommending a final dividend of 2.1p per share (2022: 1.9p), payable on 13 October 2023 to shareholders on the register at the close of business on 8 September 2023. This together with the interim dividend of 1.3p per share (2022: 1.2p), will result in a total dividend of 3.4p per share (2022: 3.1p).

Oxford Instruments plc announce a growth in total dividend of 7.7% to 19.5p
The Oxford Instruments Board is recommending a final dividend of 14.9p (2022: 13.7p) per share. This would result in a total dividend of 19.5p (2022: 18.1p) per share, growth of 7.7%. An interim dividend of 4.6p per share was paid on 13 January 2023. The final dividend will be paid, subject to shareholder approval, on 22 August 2023 to shareholders on the register as at 14 July 2023.

Ashtead Group plc announce a proposed final dividend of 85.0¢, making 100.0¢ for the full year
The Ashtead Board is recommending a final dividend of 85.0¢ per share (2022: 67.5¢) making 100.0¢ for the year (2022: 80.0¢), an increase of 25%. If approved at the forthcoming Annual General Meeting, the final dividend will be paid on 12 September 2023 to shareholders on the register on 11 August 2023.

Iomart Group plc announces a final dividend of 3.50p per share
Ionmart Group plc announces a final dividend of 3.50p per share taking the total for the year to 5.44p being at the maximum pay-out ratio under their stated dividend policy of paying up to 50% of adjusted diluted earnings per share. They believe this is appropriate given their funding position, robust business model and strength their balance sheet. Subject to shareholder approval this proposed final dividend would be payable on 8 September 2023 to shareholders on the register at close on 18 August 2023.

CMC Markets plc announce a final dividendvof 3.90 pence per share
The CMC Markets plc Board recommends a final dividend of 3.90 pence per share (2022: 8.88 pence) resulting in a total dividend payment for the year of 7.40 pence per share (2022: 12.38 pence).

B.P. Marsh & Partners announce an Interim Dividend paid on 28 February 2023 of 1.39p per share and proposed Final Dividend of 1.39p per share payable in July 2023 (2022: 2.78p total)
B.P. Marsh & Partners are to announce an Interim Dividend paid on 28 February 2023 of 1.39p per share and proposed Final Dividend of 1.39p per share payable in July 2023 (2022: 2.78p total)

Triad Group plc proposes a final dividend of 4p per share
Triad Group plc Board proposes a final dividend of 4p per share (2022: 4p per share), which together with the interim dividend already paid of 2p (2022: 2p per share), totals 6p per share for the financial year (2022: 6p per share).

First Group announce a final dividend of 2.9p
The First Group Board is proposing that a final dividend of 2.9p per share, resulting in a total dividend payment of c.£20m, be paid on 18 August 2023 to shareholders on the register at 14 July 2023, subject to approval of shareholders at the 2023 AGM.

RWS Holdings approves an interim dividend of 2.40p per share
The RWS Holdings directors have approved an interim dividend of 2.40p per share, reflecting a 7% increase over the 2.25p interim dividend in FY22. This reflects the Group's strong financial position, its cash generative business model and the Board's confidence in its future prospects. The dividend will be paid on 21 July 2023 to shareholders on the register at 23 June 2023 and the ex-dividend date is 22 June 2023. The Group remains committed to a progressive dividend policy, which has been followed in every year since flotation in 2003.

Mitie Group announced final dividend of 2.2p per share
Mitie Group announced their final FY22 dividend of £19.5m and interim FY23 dividend of £9.4m resulting in a cash outflow of £28.9m in FY23. The £5.7m of dividends paid in FY22 is much lower than in FY23, as it included only the FY22 interim dividend, and no final dividend payment from FY21, because dividend payments were only resumed in FY22 following the Covid pandemic.

Crest Nicholson announce an interim dividend of 5.5 pence per share
The Crest Nicholson Board has declared an interim dividend of 5.5 pence per share, payable on 13 October 2023 to shareholders on the register on 22 September 2023. The dividend represents approximately one third of the dividend expected to be paid in respect of the financial year ending 31 October 2023.

VP has proposed a final dividend of 26.5 pence per share
The VP Board has proposed a final dividend of 26.5 pence per share to be paid on 4 August 2023 to shareholders on the register at 23 June 2023. Including the interim dividend of 11.0 pence per share, this makes a total dividend for the year of 37.5 pence per share (2022: 36.0 pence per share).

The DiscoverIE Board is recommending a final dividend per share of 7.9 pence per share, an 6% increase
The DiscoverIE Board is recommending a 6% (0.45 pence) increase in the final dividend per share to 7.9 pence per share, giving a full year dividend per share of 11.45 pence, and representing an underlying earnings cover of 3.1 times (FY 2021/22: 2.7 times).

Ramsdens Holdings announce an interim dividend to 3.3 pence per share, an increase of 22%
The Ramsdens Holdings Plc Board is to announce an interim dividend of 3.3 pence per share (HY22: 2.7 pence per share), an increase of 22%. The dividend will be payable on 6 October 2023 to those shareholders on the register on 8 September 2023. The ex-dividend date will be 7 September 2023.

Chemring Group have announced an interim dividend per share of 2.3p, up 21%
At the Annual General Meeting on 15 March 2023 the Chemring Group shareholders have approved a final dividend in respect of the year ended 31 October 2022 of 3.8p per ordinary share. This was paid on 14 April 2023 to shareholders on the register on 24 March 2023.

Gooch & Housego have announced an interim dividend of 4.8p per share
The Gooch & Housego Board has declared an interim dividend of 4.8p per share (2022: 4.7p). This dividend will be payable to shareholders on the register as at 23 June 2023 on 28 July 2023.

Dr. Martens announces a final dividend of 4.28p
Dr. Martens announce a final dividend of 4.28p per share (FY22: 4.28p). This will bring the total interim and final dividend for FY23 to £58.4m (5.84p), and represents an increase of 6% vs FY22, with a payout ratio of 45%. The dividend will be paid to shareholders on the register as at 9 June 2023 with payment on 18 July 2023.

Auto Trader Group Plc announce a proposed final dividend of 5.6 pence per share
The proposed Auto Trader Group final dividend for the year ended 31 March 2023 of 5.6p per share, totalling £51.4m, is subject to approval by shareholders at the Annual General Meeting ('AGM') and hence has not been included as a liability in the financial statements.

Pennon Group announce a final dividend of 29.77 pence per share
The Pennon Group Board has recommended a final dividend of 29.77 pence per share for the year ended 31 March 2023. Together with the interim dividend of 12.96 pence per share paid on 5 April 2023 this gives a total dividend for the year of 42.73 pence. This represents an increase of 10.9% (March 2023 CPIH + 2%) on 2021/22. Pennon offers shareholders the opportunity to invest their dividend in a Dividend Reinvestment Plan (DRIP).

B&M European Value Retail announce a recommended final dividend of 9.6p per share
Subject to approval by shareholders at the AGM on 25 July 2023, a final ordinary dividend of 9.6p per share is to be paid by B&M European Value Retail on 4 August 2023 to shareholders on the register of the Company at the close of business on 30 June 2023. The ex-dividend date will be 29 June 2023.

Bloomsbury Publishing plc announce a final dividend of 10.34pence per share
The Bloomsbury Publishing Group has a progressive dividend policy aiming to keep dividend earnings cover in excess of two times, supported by strong cash cover. The Board is recommending a final dividend of 10.34 pence per share, totalling £8.4 million. Together with the interim dividend, this makes a total dividend for the year ended 28 February 2023 of 11.75 pence per share, a 9% increase on the 10.74 pence value of the dividend for the year ended 28 February 2022.

Premier Miton Group announce a proposed interim dividend of 3.0 pence per share
The Premier Miton Group Plc board have announced a final dividend for the year ended 30 September 2022 of 6.3p per share was paid on 10 February 2023 resulting in a distribution of £9,147,109. This is reflected in the unaudited Condensed Consolidated Statement of Changes in Equity (2022 HY: £9,268,748).

Hollywood Bowl Group announce an interim dividend of 3.27 pence per share
The Hollywood Bowl Group Plc Board has declared an interim dividend of 3.27 pence per share. The ex-dividend date is 8 June 2023, with a record date of 9 June 2023 and a payment date of 5 July 2023.

Young's & Co Brewery are to recommend a final dividend of 10.26 pence, resulting in a total dividend for the year of 20.52 pence, up by 9.1%
The Young & Co's Brewerly board is proposing a final dividend in respect of the period ended 3 April 2023 of 10.26 pence per share at a cost of £6.0 million. If approved, it is expected to be paid on 13 July 2023 to shareholders who are on the register of members at the close of business on 9 June 2023.

AJ Bell plc announce an interim dividend of 3.50 pence per share
The AJ Bell plc Board has declared an interim dividend of 3.50 pence per share, equating to a 26% increase from prior year (HY22: 2.78 pence per share). This represents a higher payment than would have resulted from applying their stated interim dividend policy, which would have resulted in an increase in the interim dividend of only 6% compared to an increase in diluted earnings per share for the period of 57%. The Board has therefore decided to declare a higher interim dividend to ensure the growth in interim dividend more closely aligns with the phasing of financial performance during the current year. The full year dividend policy of paying out 65% of statutory profit after tax remains unchanged.

United Utilities Group announce a recommended final dividend of 30.34p
The United Utilities Group PLC Board has proposed a final dividend of 30.34 pence per ordinary share in respect of the year ended 31 March 2023. Taken together with the interim dividend of 15.17 pence per ordinary share, paid in February, this results in a total dividend per ordinary share for 2022/23 of 45.51 pence. This is an increase of 4.6 per cent compared with the dividend relating to last year, in line with the group's dividend policy of targeting a growth rate of CPIH inflation each year through to 2025. The 4.6 per cent increase is based on the CPIH element included within allowed regulated revenue for the 2022/23 financial year (i.e. the movement in CPIH between November 2020 and November 2021).

Qinetiq Group propose a final dividend of 5.3pence per share
The Qinetiq Group Board is proposing a final FY23 dividend per share of 5.3p (FY22: 5.0p) making the full year dividend 7.7p (FY22: 7.3p). The full year dividend represents an increase of 5% in line with the Group's progressive dividend policy.

Johnson Matthey plc announce a final ordinary dividend of 55.0 pence per share
The Johnson Matthey plc board will propose a final ordinary dividend for the year of 55.0 pence per share at the Annual General Meeting (AGM) on 20th July 2023. 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 1stAugust 2023, with an ex-dividend date of 8th June 2023.

Tate & Lyle plc announce a final dividend of 2.5% to 13.1p per share
The Tate & Lyle Board is recommending a 0.3p or 2.5% increase in the final dividend to 13.1p (2022 - 12.8p) per share. In the previous year, the final dividend was re-based to reflect the Primient transaction and the associated share consolidation, while the interim dividend was paid at a higher rate (before re-basing). Reflecting this the full year dividend of 18.5p per share is lower than the prior year amount of 21.8p (18.1p rebased for reduced earnings base following the Primient transaction and impact of the share consolidation). Subject to shareholder approval, the proposed final dividend will be due and payable on 2 August 2023 to all shareholders on the Register of Members on 23 June 2023. In addition to the cash dividend option, shareholders will continue to be offered a Dividend Reinvestment Plan (DRIP) alternative.

Emis Group Plc announce a final dividend of 21.1pence per share
Subject to shareholder approval at the Annual General Meeting on 29 June 2023, the Emis Group Board proposes an increase in the final dividend to 21.1p (2021: 17.6p) per ordinary share, payable on 11 July 2023 to shareholders on the register at the close of business on 16 June 2023. This would make a total dividend of 38.7p (2021: 35.2p) per ordinary share for 2023. This is 10% higher than in the prior year, reflecting the underlying growth of the Group and its positive future prospects.

Intermediate Capital Group announce total dividends for FY23 of 77.5p per share
Intermediate Capital Group announce total dividends for FY23 of 77.5p per share, a year-on-year increase of 2.0% and the thirteenth consecutive annual increase in ordinary dividend per share; 21% annualised growth in dividend per share over the last five years.

Workspace Group announce a total dividend per share up 20% to 25.8p per share
The Workspace Group Board is recommending a final dividend of 17.4p per share, taking the full year dividend to 25.8p (2022: 21.5p), to be paid on 4 August 2023 to shareholders on the register at 7 July 2023. The dividend will be paid as a REIT Property Income Distribution (PID) net of withholding tax where appropriate.

Pets at Home Group Plc announce a final dividend per share of 8.3p
The Pets at Home Group Plc Board has recommended a final dividend of 8.3 pence per share, an increase of 10.7% on the prior year. This takes the total dividend for the year to 12.8 pence per share, an increase of 8.5% on the prior year, reflecting our strong cash performance and balance sheet. The final dividend will be payable on 11 July 2023 to shareholders on the register at the close of trading on 16 June 2023.

Severn Trent plc announce a proposed final dividend of 64.09 pence
In line with their policy for AMP7 to increase the dividend by at least CPIH each year, the Severn Trent Board has proposed a final ordinary dividend of 64.09 pence per share for 2022/23 (2021/22: 61.28 pence per share). This gives a total ordinary dividend for the year of 106.82 pence (2021/22: 102.14 pence).
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