Recent articles for private investors with a focus on dividend announcements

Eurocell Plc Proposed Final Dividend of 7.2 Pence per Share
Eurocell Plc paid an interim dividend of 3.5 pence per share in October 2022. The Board proposes a final dividend of 7.2 pence per share (2021: 6.4 pence per share), which results in total dividends for the year of 10.7 pence per share, up 11% (2021: 9.6 pence per share), reflecting their solid financial performance and a lower tax rate in 2022.

TI Fluid Systems Plc Proposed FY2022 Final Dividend of 1.54 Euro Cents per Share
The Company's dividend policy is to target an annual dividend of approximately 30% of Adjusted Net Income, one-third payable following the half year results and two-thirds following the Group's final results.

Bridgepoint Group Plc Final Dividend of 4.0 Pence per Share to be Paid
Bridgepoint Group Plc are proposing a final dividend of 4.0 pence per share, consistent with the interim dividend. Bridgepoint aims to grow its dividend progressively over time as they scale by organic growth of their existing businesses and by adding complementary or adjacent strategies.

Savills Plc Proposed Final Ordinary Dividend of 13.4p per Share
An interim dividend of 6.6p per share (2021: 6.0p) amounting to £8.9m was paid on 5 October 2022, and a final ordinary dividend of 13.4p per share (2021: 12.75p) is recommended, making the ordinary dividend 20.0p per share for the year (2021: 18.75p). A supplemental interim dividend of 15.6p per share (2021: 15.6p) is declared, based upon the underlying performance of their Transaction Advisory business. Taken together, the ordinary and supplemental interim dividends comprise an aggregate distribution for the year of 35.6p per share, representing an increase of 3.6% on the 2021 aggregate ordinary and supplemental dividend of 34.35p. In 2021 they also declared a special dividend of 27.05p.

DFS announce an interim dividend of 1.5p approved by the Board reflecting an anticipated 4.5p total full year dividend
The DFS Board has declared an interim dividend for FY23 of 1.5 pence per share (£3.5m total cost). This is based on an expected full year total dividend of 4.5 pence per share subject to meeting the midpoint of their £30-35m PBT profit expectation and reflects a 2.5x EPS cover. This dividend will be paid on 25 May 2023 to shareholders on the register on 14 April 2023.

Thorpe (FW) Announces Interim Dividend 1.62p
The interim dividend is at the rate of 1.62p per share (Interim 2022: 1.54p) and based on 117,191,586 shares in issue at the announcement date the dividend will amount to £1,899,000 (Interim 2022: £1,803,000). The interim dividend will be paid on 21 April 2023 to shareholders on the register at the close of business on 24 March 2023, and the shares become ex-dividend on 23 March 2023.

Rentokil Initial plc recommended final dividend of 5.15p to bring total dividend for 2022 to 7.55p per share, an increase of 18.2%, in line with their progressive policy
The Rentokil Initial Board is recommending a final dividend in respect of 2022 of 5.15p per share, payable to shareholders on the register at the close of business on 11 April 2023, to be paid on 17 May 2023. This equates to a full-year dividend of 7.55p per share, an increase of 18.2% compared to 2021. The last day for DRIP elections is 25 April 2023.

Restore Plc Proposing increased final dividend of 4.8 pence
The Board is recommending a final dividend of 4.8 pence, payable on 7 July 2023. This brings the total dividend for the year to 7.4 pence (2021: 7.2 pence).

Capital Limited Declared a Final Dividend of US$2.6 Cents per Share
During the 12 months ended 31 December 2022, a dividend of 2.4 cents (2021: 1.3 cents) per ordinary share, totalling to US$4,607,599 (2021: US$2,470,713) was declared as the final dividend for 2021 and paid to the shareholders on 10 May 2022 (2021: 04 May 2021) followed by a further dividend of 1.3 cents (2021: 1.2 cents) per share which was declared as interim dividend for 2022 totalling US$2,481,586 (2021: US$2,280,658) and paid on 3 October 2022 (2021: 24 September 2021). The total dividend paid is US$7,089,184 (2021: US$4,751,372).

4imprint Group announce a final dividend of 120.00c per share
The Group enters 2023 in a strong financial position, with cash and bank deposits of $86.8m. In view of the Group's financial performance in 2022 and its likely cash requirements in 2023, the Board recommends a final dividend per share of 120.00c (2021: 30.00c), giving a total paid and proposed 2022 regular dividend per share of 160.00c (2021: 45.00c).

Balfour Beatty PLC announce a 17% increase in recommended full year dividend at 10.5 pence per share
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.

Marshalls plc announce a proposed final dividend of 9.9 pence per share totalling a full year dividend of 15.6 pence, an increase of nine per cent compared to 2021
Marshalls Group plc have proposed final dividend of 9.9 pence per share totalling a full year dividend of 15.6 pence, an increase of nine per cent compared to 2021.

Advanced Medical Solutions announce an increased final dividend of 1.51 pence per share
Reflecting the strong financial performance and management's ongoing confidence in the Group's outlook, the Advanced Medical Solutions Board proposes an increased final dividend of 1.51p per share (2021: 1.37p) bringing the total proposed dividend to 2.15p per share (2021: 1.95p)

Prudential plc announces an interim of 13.04 US Cents
Prudential plc ("Prudential") has today announced its 2022 second interim dividend of 13.04 US cents per ordinary share.

Centaur Media announce a final ordinary dividend of 0.6 pence per share proposed
Centaur Media have proposed a final dividend of 0.6 pence per share results in total ordinary dividends for 2022 of 1.1 pence per share, above the minimum 1.0 pence per share for the first time since the policy was initiated in 2019.

FDM Group proposes a final dividend of 19.0p per share
FDM Group are to propose a Final Dividend of 19.0 pence per share, following an interim dividend of 17.0 pence per share declared in July 2022, which would give a total dividend for the year of 36.0 pence per share (2021: 33.0 pence per share).

Sabre Insurance announce a dividend of 4.5p, consisting of the full-year payment of 1.7p and interim dividend of 2.8p
The Sabre Insurance Directors have proposed a total final dividend of 1.7p per share in respect of 2022. The total amount proposed to be distributed to shareholders by way of dividends for 2022 is therefore 4.5p per share, including the ordinary interim dividend of 2.8p per share already paid. The total ordinary dividend due to be paid according to the Group's policy is entirely covered by the interim dividend, therefore the entire final dividend is considered 'special' according to the Group's policy. Excluding the capital required to pay this dividend, the Group's SCR coverage ratio at 31 December 2022 would be 154% This is consistent with the Group's policy to pay an ordinary dividend of 70% of profit after tax, and to consider passing excess capital to shareholders by way of a special dividend.

Smart Metering Systems Plc Board is Proposing a 30.25p Per Share Dividend
The Board is proposing a 30.25p per share dividend (FY 2021: 27.5p) in line with their stated policy of increasing the dividend +10% year-on-year until 2024. The dividend demonstrates the sustainable growth delivered by the Group's strategy and is covered by long-term, sustainable cash flows generated from their existing portfolio of CaRe assets.

Yu Group Plc Board Proposes a Final Dividend of 3p per share
The Board recommends the payment of a final dividend of 3p per share, being circa £0.5m payable in June 2023. The level of dividend is sized to represent the potential opportunities to utilise Group cash to further develop the business.

TP Group PLC announce a final dividend of 7.9pence per share
The TP Group PLC Board recommends a final dividend per share of 7.9 pence, bringing the total full year dividend to 12.4 pence per share, up 31% (2021: 9.5 pence per share), in line with their policy. The policy targets dividend cover of c.2x on adjusted post-tax earnings: a 50% pay-out ratio for the year.

Close Brothers Group Plc Declares an Interim Dividend of 22.5p per Share
Close Brothers declares an interim dividend of 22.5p (H1 2022: 22.0p), reflecting their underlying performance and the Board's confidence in the group's outlook. The group's policy aims to provide sustainable dividend growth year-on-year, while maintaining a prudent level of dividend cover. The interim dividend is due to be paid on 26 April 2023 to shareholders on the register at 24 March 2023.

Harworth Group Plc Announces an Increase of 10% in the Final Dividend to 0.929p per Share
In addition to the interim dividend of 0.404p, the Board has determined that it is appropriate for a final dividend of 0.929p (2021: 0.845p) per share to be paid, bringing the total dividend for the year to 1.333p (2021: 1.212p) per share. The recommended 2022 final dividend and 2022 total dividend represent a 10% increase in line with theirr dividend policy.

Fonix Mobile declare an interim dividend of 2.36p per share
Fonix Mobile is to declare an increased interim dividend of 2.36p per share, in line with the company's progressive dividend policy to pay out at least 75% of adjusted EPS to shareholders in the form of an ordinary dividend each period. The interim dividend will be paid on 31 March 2023 to shareholders on the register on 24 March 2023, with an ex-dividend date of 23 March 2023.

MTI Wireless Edge announce an increased final dividend of 7% to 3.0 US cents per share
The MTI Wireless Edge Board is pleased to declare a final dividend of US$0.03 per share representing a 7% increase on the previous year (2022: US$0.028). The dividend will be paid on 6 April 2023 to shareholders on the register at the close of trading on 24 March 2023 (ex-dividend on 23 March 2023). The currency translation into British Pounds will be made on 27 March 2023 and there will not be a scrip dividend alternative.

Phoenix Group Holdings announce a 5% increase to 26.0 pence per share
Phoenix Group Holdings announce a 5% increase in the Final 2022 dividend to 26.0 pence per share, recommended by the Board, comprising:

M&G Plc Announces Second Interim Dividend of 13.4 Pence per Share
M&G Plc paid a dividend of 12.2 pence per share, equal to £311 million, on 28 April 2022. In addition, they paid an interim ordinary dividend of 6.2 pence per share, equal to £154 million, in line with their policy of paying one-third of the previous year total dividend, on 29 September 2022. A second interim dividend of 13.4 pence per share, equal to roughly £310 million, will be paid on 27 April 2023.

Informa Plc Board has Proposed a Final Dividend of 6.8p per Share
Following the temporary suspension of dividend payments as part of the Group's response to the pandemic, the Group has resumed ordinary dividend payments. An interim dividend of 3.0p per share (2021: nil pence per share) was paid on 9 September 2022. The total amount paid was £43.3m (2021: £nil).

ConvaTec Group PLC is to recommend a final dividend of 4.330 cents
The ConvaTec Group Board is to recommend a 3.0% increase in the full year dividend reflecting the improved underlying performance of the business and confidence in its future growth prospects. This equates to a proposed final dividend of 4.330 cents to bring FY dividend to 6.047 cents (2021: 5.871 cents).

Spirax-Sarco Engineering PLC announce a final dividend of 109.5p per share
The Spirax-Sarco Engineering PLC Directors are proposing the payment of a final dividend of 109.5 pence per share, an increase of 12% (2021: 97.5 pence). Subject to approval of the final dividend by shareholders at the Annual General Meeting on Wednesday 10th May 2023, the total Ordinary dividend for the year will be 152.0 pence per share, an increase of 12% over the 136.0 pence per share for the prior year.

Aviva Plc Declares Final Dividend of 20.7 Pence per Share
On 8 March 2023, the Directors agreed a recommendation to shareholders of a final dividend of 20.7 pence per share on Aviva ordinary shares. Subject to shareholder approval at the 2023 Annual General Meeting and the condition below, the final dividend for the year ending 31 December 2022 will be paid on 18 May 2023 to shareholders on the Register of Members at the close of business on the record date of 31 March 2023. Holders of Aviva American Depository Receipts will be paid the dividend approximately four business days after the payment to ordinary shareholders. The last election date for the Dividend Reinvestment Plan is 25 April 2023. The dividend is conditional upon the Directors not having determined (at their discretion) to cancel the dividend at any point prior to its payment.

The Hansard Global Plc Board has Declared an Interim Dividend of 1.8p per Share
Taking into account the current financial position and future outlook, the Board has resolved to maintain its interim dividend at 1.8p per share (H1 2022: 1.8p per share). This will be paid on 27 April 2023 with an ex-dividend date of 16 March 2023.

Entain Plc Announces Second Interim Dividend of 8.5p per Share
In line with the dividend policy announced with the H1 Results in August 2022, the Board proposed a total dividend for 2022 of £100m. This is to be paid to shareholders in equal instalments with H1 and FY results. As such, a second interim dividend of £50m (8.5p share) will be paid to shareholders on 27 April 2023.

Harbour Energy PLC final dividend 12 cents per ordinary shares
The Harbour Energy PLC Board is proposing final dividend with respect to 2022 of 12 cents per ordinary share to be paid in GBP at the spot rate prevailing on the record date. This dividend is subject to shareholder approval at the AGM, to be held on 10 May 2023. If approved, the dividend will be paid on 24 May 2023 to shareholders on the register as of 14 April 2023. A dividend re-investment plan (DRIP) is available to shareholders who would prefer to invest their dividends in the shares of the company. The last date to elect for the DRIP in respect of this dividend is 28 April 2023.

Domino's Pizza Group Plc Proposed Final Dividend for FY22 of 6.8p per Share
Total dividend for FY22 of 10.0p per share, with final dividend of 6.8p proposed to be paid on 11 May 2023. The ex-dividend date is 6 April 2023, and the record date is 11 April 2023.

Forterra Plc Recommending Final Dividend of 10.1p
Our dividend policy is to distribute 55% of our earnings. This policy is supported by the Group's consistent cash generating ability coupled with a strong balance sheet. The Board is proposing a final dividend of 10.1p per share (2021: 6.7p) which, in addition to the interim dividend of 4.6p per share paid in October (2021: 3.2p), will bring the total dividend to 14.7p per share (2021: 9.9p). Subject to approval by shareholders, the final dividend will be paid on 7 July 2023 to shareholders on the register as at 16 June 2023.

Volution Group Plc announce an interim dividend up 8.7% to 2.50 pence per share
The Volution Group Board has declared an interim dividend of 2.5 pence per share, up 8.7% (H1 2022: 2.3 pence), reflecting the strong first half performance and demonstrating the Board's confidence in the performance of the Group. The interim dividend will be paid on 2 May 2023 to shareholders on the register at the close of business on 24 March 2023.

PageGroup PLC announce final dividend proposed of 10.76p per share
The PageGroup Board has proposed a final dividend of 10.76p (2021: 10.30p) per ordinary share, up 4.5% on the 2021 final dividend. When taken together with the interim dividend of 4.91p (2021: 4.70p) per ordinary share, this is an increase in the total dividend for the year of 4.5%. The proposed final dividend, which amounts to £34.2m, will be paid on 19 June 2023 to shareholders on the register as at 19 May 2023, subject to shareholder approval at the Annual General Meeting on 1 June 2023.

Galliford Try Holdings Plc Interim dividend up 36% to 3.0p per share
The directors have reviewed the Group's results and outlook for the current financial year and have declared an interim dividend of 3.0p per share which will be paid on 14 April 2023 to shareholders on the register at the close of business on 17 March 2023. The Group expects dividend per share to increase in line with earnings, with a dividend cover of 2.0 times annual earnings.

IP Group PLC announce a recommended final dividend of 0.76p per share
The IP Group Board remains committed to delivering a regular dividend income, which is intended to comprise a relatively small component of total shareholder return and will also continue to consider share buyback programmes and other capital return tools as realisations are generated from their portfolio. Accordingly, the Board has recommended a final dividend of 0.76p per share (2021: 0.72pps), to be approved at the Company's forthcoming AGM, which would represent a total dividend for 2022 of 1.26p (2021: 1.20pps).

CLS Holding announce a proposed final dividend maintained at 5.35 pence per share to be paid on 2 May 2023
CLS Holdings announce a proposed final dividend maintained at 5.35 pence per share to be paid on 2 May 2023, resulting in a total 2022 dividend of 7.95 pence per share, an increase of 3.2% (2021: 7.70 pence per share)

Bakkavor Group PLC announce a proposed final dividend of 4.16p per Ordinary share
Bakkavor announce a proposed final 2022 dividend of 4.16 pence per Ordinary share, resulting in a total dividend for 2022 of 6.93 pence per Ordinary share. This represents an increase of 5.0% on 2021 and is in line with the interim dividend announced in September 2022. If approved by shareholders, the final dividend will be paid on 5 June 2023.

Breedon PLC announce a final dividend 2.1pence per share
Subject to shareholder approval, Breedon PLC intend to pay a dividend in respect of the 2022 financial results of 2.1p, an increase of 31% from 2021 (1.6p). This equates to a payout ratio of 30% (2021: 27%) of adjusted Underlying EPS. Assuming continued positive trading conditions and cash generation, the Group continues to target a payout ratio of 40% of Underlying EPS over time.

TClarke Plc are Proposing a 2022 Final Dividend of 4.1p per Share
TClarke are fully committed to a progressive dividend policy while at the same time balancing the interests and needs of all stakeholders. They are proposing a 2022 final dividend of 4.1p per share (2021: 4.1p), which together with the interim dividend of 1.25p paid in October 2022 brings the full 2022 dividend to 5.35p per share (2021: 4.85p), an increase of 10.3%.

Ibstock plc announce a recommended final dividend of 5.5 pence per share
Ibstock Board is to recommend a final dividend of 5.5p per share (2021: 5.0p), for payment on 12 May 2023 to shareholders on the register on 21 April 2023. This will bring the full year dividend to 8.8p per share (2021: 7.5p), an increase of 17%. In recommending this level of dividend, the Board remains mindful of its objective to deliver a sustainable and progressive ordinary dividend over time.

Headlam Group announce a final dividend of 11.2 pence per share
The Headlam Board is proposing a 2022 final ordinary dividend of 11.2 pence per share (2021: 8.6 pence per share), subject to shareholder approval at the forthcoming AGM in May 2023 with the timetable given in the Financial Review. The final dividend combined with the 2022 interim ordinary dividend of 6.2 pence per share gives a total pay out of 17.4 pence per share in respect of the 2022 financial year, which is in line with the Company's targeted cover ratio of around 2x earnings.

Legal & General Group Plc Announce Full Year Dividend of 19.37p
The Board has approved a slight amendment to the Group's dividend policy to reflect the fact that they will no longer be producing "Net release from operations" under IFRS 17. Accordingly, and to reflect the importance of solvency capital generation as a critical measure of dividend sustainability, the dividend policy will substitute "Net release from operations" with "Capital generation".

Spirent Communications Plc's Final Dividend of 4.94 Cents per Share to be Paid in May 2023.
The Board is recommending the payment of a final dividend for 2022 of 4.94 cents (4.12 pence) per share which, together with the interim dividend of 2.63 cents (2.16 pence) per share paid in September 2022, brings the full year dividend to 7.57 cents (6.28 pence) per share, a dividend cover of 2.5 times adjusted earnings. This is a 12 per cent increase compared to the full year dividend for 2021. In Sterling terms this represents an increase of 24 per cent.

Hiscox Ltd Recommends Final Dividend of 24 Cents per Share
The Board believes that paying a dividend is one important indicator of the financial health of the Group. Having carefully considered the capital requirements of the business, the Board has recommended to shareholders for approval the payment of the final dividend at 24.0 cents per share. This brings their total dividend for the year to 36.0 cents per share. The record date for the dividend will be 5 May 2023 and the payment date will be 13 June 2023. The Board proposes to offer a Scrip alternative, subject to the terms and conditions of Hiscox's 2022 Scrip Dividend Scheme. The last date for receipt of Scrip elections will be 22 May 2023 and the reference price will be announced on 31 May 2023.

Reach PLC announce a final dividend proposed of 4.46 pence per share, flat with 2021, with full year dividend of 7.34p up 1.8%
The Reach PLC Board proposes a final dividend of 4.46 pence per share for 2022 (2021: 4.46 pence per share). The final dividend, which is subject to approval by shareholders at the Annual General Meeting on 3 May 2023, will be paid on 2 June 2023 to shareholders on the register at 12 May 2023.

Fresnillo Plc Announces a Final Dividend of 13.3 US Cents per Share
Based on the Group's 2022 performance, the Directors have recommended a final dividend of 13.3 US cents per Ordinary Share, which will be paid on 26 May 2023 to shareholders on the register on 28 April 2023. The dividend will be paid in UK pounds sterling unless shareholders elect to be paid in US dollars. This is in addition to the interim dividend of 3.4 US cents per share amounting to US$25.1 million. This final dividend is lower than the previous year due to the decrease in profits in 2022, and remains in line with the Group's dividend policy.
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