Recent articles for private investors with a focus on dividend announcements
Mondi have announced a recommended full year dividend of 70.0 euro cents per share
The Mondi Board is recommending a final dividend for 2022 of 15.9p per ordinary share (2021: 15.2p per ordinary share), resulting in a total dividend of 20.6p per ordinary share (2021: 19.5p per ordinary share). The total dividend represents a year-over-year increase of 5.6% and the final dividend will be paid on 19 May 2023 to shareholders on the register on 11 April 2023.
Rio Tinto announce a $8.0 billion full-year dividend, equivalent to 492 US cents per share
The Rio Tinto announce a $8.0 billion full-year dividend, equivalent to 492 US cents per share
Lloyds Banking Group plc has recommended a final ordinary dividend of 1.60 pence per share
The Lloyds Banking Group has a progressive and sustainable ordinary dividend policy whilst maintaining the flexibility to return surplus capital through buybacks or special dividends. The Lloyds Banking Group Board intends to pay down to its capital target within the course of the current plan, by the end of 2024.
Conduit Holdings Limited announces final dividend of $0.18 per common share
On 22 February 2023 CHL's Board of Directors declared a final dividend of US$0.18 (approximately 15 pence) per common share, resulting in an aggregate payment of $28.8 million. The dividend will be paid in pounds sterling on 21 April 2023 to shareholders of record on 24 March 2023 (the "Record Date") using the pound sterling / US dollar spot exchange rate at 12 noon BST on the Record Date.
Synectics Plc recommended a final dividend of 2.0p per share
The Synetics Plc Directors recommend the payment of a final dividend of 2.0p per share (2021: 1.5p). Subject to shareholders' approval at the Company's forthcoming Annual General Meeting, this will be paid on 5 May 2023 to shareholders on the register as at the close of business on 11 April 2023. No interim dividend was paid during the year.
Finsbury Food proposes an interim dividend of 0.87p per share
The Finsbury Food Group Board of Directors is proposing an interim dividend of 0.87p per share to be paid on 20 April 2023 to shareholders on the register at the close of business on 24 March 2023 (H1 2021: 0.83p paid on 21 April 2022). The election deadline for participants in the Company's Dividend Re-investment Plan will be 28 March 2023.
Smith & Nephew plc announce a full year dividend of 37.5¢ per share
The Smith & Nephew Board is recommending a Final Dividend of 23.1¢ per share (46.2¢ per ADS) (2021: 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 2021. Subject to confirmation at their Annual General Meeting, the Final Dividend will be paid on 17 May 2023 to shareholders on the register at the close of business on 31 March 2023.
BHP Group Limited announce an interim dividend of 90 US cents per share
The BHP Group Limited Board has determined to pay an interim dividend of 90 US cents per share or US$4.6 billion, including an additional amount of US$1.3 billion above the minimum payout policy. This is equivalent to a 69 per cent payout ratio (31 December 2021: 78 per cent).
Sylvania Platinum has declared its first interim dividend of 3p per Ordinary Share
The Sylvania Platinum Board has declared its first interim dividend of 3p per Ordinary Share, payable on 6 April 2023. Payment of the interim dividend will be made to shareholders on the register at the close of business on 3 March 2023 and the ex-dividend date is 2 March 2023.
Antofagsta plc announce final dividend of 50.5 cents per share recommended, to be approved by shareholders at the AGM,bringing the total dividend for the year to 59.7 cents per share
The Antofagasta plc Board has recommended a final dividend for 2022 of 50.5 cents per share, to be approved by shareholders at the AGM, which together with the interim dividend of 9.2 cents per share amounts to a total dividend of 59.7 cents per share. This is equal to a 100% pay-out ratio of underlying net earnings and is consistent with the Company's dividend policy.
Intercontinental Hotels Group announce final dividend of 94.5¢ proposed
The Intercontinental Hotels Group Board is proposing a final dividend of 94.5¢ in respect of 2022, which is growth of +10% on 2021. An interim dividend of 43.9¢ was resumed and paid in October 2022. The total dividend for the year would therefore be 138.4¢, representing an increase of +61% on 2021 as no interim dividend was paid in the prior year. The ex-dividend date is Thursday 30 March 2023 and the Record date is Friday 31 March. Subject to shareholder approval at the AGM on Friday 5 May, the dividend will be paid on Tuesday 16 May.
The HSBC Board has approved a second interim dividend of $0.23 per share
The HSBC Board has approved a second interim dividend of $0.23 per share. HSBC have approved a second interim dividend in respect of the financial year ended 31 December 2022 of $0.23 per ordinary share, a distribution of approximately $4,593m. The second interim dividend for 2022 will be payable on 27 April 2023 to holders on the Principal Register in the UK, the Hong Kong Overseas Branch Register or the Bermuda Overseas Branch Register on 3 March 2023. No liability was recorded in the financial statements in respect of the second interim dividend for 2022.
NatWest Group plc announce a final dividend of 10 pence per share
The NatWest Group Plc directors have recommended a final dividend of £1.0 billion, or 10.0p per ordinary share (2021 - £844 million, or 7.5p per ordinary share) subject to shareholder approval at the Annual General Meeting on 25 April 2023. If approved, payment will be made on 2 May 2023 to shareholders on the register at the close of business on 17 March 2023. The ex-dividend date will be 16 March 2023.
Other financial highlights include:
- Full year attributable profit of £3,340 million and a return on tangible equity of 12.3%.
- Excluding notable items, income increased by £2,877 million, or 28.3%, compared with 2021 principally reflecting volume growth, higher trading income and the improved rate environment.
- Bank NIM of 2.85% was 55 basis points higher than 2021. Q4 2022 Bank NIM increased by 21 basis points to 3.20% compared with Q3 2022.
- Total operating expenses were £71 million lower than 2021. Other operating expenses for the Go-forward group were £201 million, or 2.9%, lower than 2021, in line with our cost reduction target of around 3%.
- A net impairment charge of £337 million, or 9 basis points of gross customer loans, principally reflects the latest macro-economics, including updated scenarios and their associated weighting, with more weight being placed on the downside scenario. Underlying book performance remains strong, with credit conditions remaining benign and levels of default remaining low.
- The tax charge for the year includes a £267 million credit in the carrying value of the deferred tax asset in respect of tax losses and a credit of £135 million in respect of an inflationary uplift in the value of UK Government Index Linked Gilt assets that is not subject to corporation tax.
- and we intend to commence an ordinary share buyback programme of up to £800 million in the first half of 2023, taking total distributions deducted from capital in the year to £5.1 billion, or 53 pence per share.
Kingspace Group announce a final dividend per share of 23.8 cent giving a total dividend for the year of 49.4 cent
The Kingspan Group Board has proposed a final dividend of 23.8 cent (2021: 26.0 cent) per ordinary share payable on 9 May 2023 to shareholders registered on the record date of 14 April 2023. An interim dividend of 25.6 cent per ordinary share was declared during the year (2021: 19.9 cent). In summary, therefore, the total dividend for 2022 is 49.4 cent compared to 45.9 cent for 2021. This payout is in line with our shareholder returns policy.
Segro PLC announce for 2022 a full year dividend increased 8.2 per cent to 26.3 pence and a final dividend increased by 7.7 per cent to 18.2 pence
The Segro Plc Board has concluded that it is appropriate to recommend an increase in the final dividend per share by 1.3 pence to 18.2 pence (2021: 16.9 pence) which will be paid as an ordinary dividend. The Board’s recommendation is subject to approval by shareholders at the Annual General Meeting, in which event the final dividend will be paid on 4 May 2023 to shareholders on the register at the close of business on 17 March 2023.
MJ Gleeson PLC announce a 5pence per share interim dividend
The MJ Gleeson Plc Board is declaring an interim dividend of 5.0 pence per share (H1 21/22: 6.0 pence per share). The Company's policy of covering total full year dividends with earnings between three and five times remains in place.
Kerry Group Plc announces a Final dividend per share of 73.4 cent
The Kerry Group Plc Board recommends a final dividend of 73.4 cent per share, an increase of 10.0% on the final 2021 dividend. Together with the interim dividend of 31.4 cent per share, this brings the total dividend for the year to 104.8 cent, an increase of 10.1% on 2021.
Moneysuperket.com Group announce a full-year dividend maintained at 11.71p
The Moneysupermarket.com Board has recommended a final dividend of 8.61p pence per share (2021: 8.61p), making the proposed full year dividend 11.71p pence per share (2021: 11.71p). The Board will continue to keep under review the scope for resumed dividend growth and thereafter, when they have significant surplus capital and there are no material short-term organic or acquisitive growth opportunities available, they will again consider returning surplus funds to shareholders through a "special distribution", in accordance with their capital allocation policy.
Riverstone Credit Opportunities Income Plc declare a dividend of 2.0 cents per share for Q4
Riverstone Credit Opportunities Income Plc announce strong cash generation across the portfolio delivers an annual dividend in excess of the Company's target for the 2022 financial year. The Company declares a dividend of 2.0 cents per share for Q4
Relx plc are proposing a full year dividend of 54.6p
Relx plc are proposing a full year dividend of 54.6p (49.8p), an increase of +10%. Dividend cover, based on adjusted earnings per share, is 1.9x (1.8x).
Standard Chartered Plc proposed a final dividend of $405m or 14c per share that will result in a full-year dividend of $523m or 18c
A final ordinary dividend per share of 14 cents has been proposed taking the full-year total to 18 cents, a 50 per cent increase along with a new share buyback programme of $1 billion, taking total shareholder distributions announced since the start of 2022 to $2.8 billion
South 32 Ltd announce an interim dividend of US 4.9 cents per share
The South 32 Limited Board has resolved to pay an interim ordinary dividend of US 4.9 cents per share (US$224M) in respect of H1 FY23, representing 40% of Underlying earnings.
Centrica plc declare 2022 full year dividend of 3.0p
Centrica previously announced an interim dividend per share of 1.0p. They are declaring a 2022 final dividend of 2.0p per share, which takes the full year dividend to 3.0p. Longer term, they expect the dividend to be progressive and dividend cover from earnings to move to around 2x over time, recognising the ratio is likely to vary each year dependent on the business cycle.
Hargreaves Lansdown Plc declares interim dividend up 3.6% to 12.70 pence per share
The Hargreaves Lansdown Plc Board has declared an increased interim dividend of 12.70 pence per share (H1 2022: 12.26 pence per share). The interim dividend will be paid on 31 March 2023 to all shareholders on the register at 3 March 2023.
Dunelm Group Plc declares an interim dividend of 15p an increase of 7.1%, and a special dividend of 40p
The Dunelm Group Plc Board has declared an interim ordinary dividend of 15 pence per share, totalling £30m. The interim dividend will be paid on 11 April 2023 to shareholders on the register on 17 March 2023.
Barclays plc has declared the 2022 full year dividend of 5.0p
Barclays plc has declared the 2022 full year dividend of 5.0p per ordinary share will be paid on 31 March 2023 to the shareholders on the Share Registrar on 24 February 2023. A half year dividend for 2022 of 2.25p per ordinary share was paid on 16 September 2022.
Plus500 Ltd declares a final dividend of $20.0m, $0.2156 per share, and special dividend of $10.0m, $0.1078 per share
The Plus500 Ltd Board has decalred dividend payments in respect of FY 2022 of $90.0m ($0.9472 per share), The final dividend comprising:
Lancashire Holdings Limited announce a final dividend declared of $0.10 per common share
Lancashire announces that its Board of Directors has declared a final dividend of $0.10 (approximately £0.08) per common share, subject to a shareholder vote of approval at the AGM to be held on 26 April 2023, which will result in an aggregate payment of approximately $23.8 million. On the basis that the final dividend is approved by shareholders at the AGM, the dividend will be paid in Pounds Sterling on 2 June 2023 (the “Dividend Payment Date”) to shareholders of record on 5 May 2023 (the “Record Date”) using the £ / $ spot market exchange rate at 12 noon London time on the Record Date.
AstraZeneca announce second interim dividend of $1.97 per share
‒ AstraZenaca plc have announced that a second interim dividend of $1.97 per share (162.8 pence, 20.69 SEK) has been declared, meaning a full-year dividend per share of $2.90 (239.2 pence, 30.18 SEK). Dividend payments are normally paid as follows:
British American Tobacco declare an interim dividend of 230.9pence per share
The British American Tobacco Board has declared an interim dividend of 230.9p per ordinary share of 25p for the year ended 31 December 2022, payable in four equal quarterly instalments of 57.72p per ordinary share in May 2023, August 2023, November 2023 and February 2024. This represents an increase of 6.0% on 2021(2021: 217.8p per share), and a pay-out ratio, on 2022 adjusted diluted earnings per share, of 62.2%.
Unilever PLC declare an quarterly interim dividend of £0.3812 pence per share
The Unilever plc Board has declared a quarterly interim dividend for Q4 2022 of £0.3812 per Unilever PLC ordinary share or €0.4268 per Unilever PLC ordinary share at the applicable exchange rate issued by WM/Reuters on 7 February 2023. Underlying sales growth accelerated to 9.0%, driven by all Business Groups, with price growth of 11.3% and volumes declining 2.1%
Redrow plc accounts an interim dividend of 10p
The Redrow Board has declared an interim dividend of 10p, in line with the prior year (2022: 10p). The dividend will be paid on 6 April 2023 to shareholders on the register at the close of business on 24 February 2023. For the full year the company intends to maintain its payout ratio of 33%.
Ashmore Group announce an interim dividend maintained at 4.8 pence per share
The Ashmore Board has declared an interim dividend of 4.8 pence per share (H1 2020/21: 4.8 pence per share), which will be paid on 29 March 2023 to all shareholders on the register on 3 March 2023.
Smurfit Kappa announce a final dividend increased by 12% to 107.6 cent per share
The Smurfit Kappa Group Board is recommending a 12% increase in the final dividend to 107.6 cent per share. It is proposed to pay this dividend on 12 May 2023 to all ordinary shareholders on the share register at the close of business on 14 April 2023, subject to the approval of the shareholders at the AGM.
The PZ Cussons Board has approved an interim dividend maintained in line with that of previous years of 2.67p.
The PZ Cussons Board has approved an interim dividend maintained in line with that of previous years of 2.67p. The dividend will be paid on 6 April 2023 to shareholders on the register at the close of business on 10 March 2023.
Barratt Developments plc have declared an interim dividend of 10.2 pence per share
Barratt Developments plc have declared an interim dividend of 10.2 pence per share (2022: 11.2 pence per share). The interim dividend will be paid on Thursday 18 May 2023 to all shareholders on the register on Tuesday 11 April 2023. Shareholders who wish to elect for the Dividend Reinvestment Plan should do so by 25 April 2023. The Board, in line with its existing dividend policy, continues to target a full year ordinary dividend based on an ordinary dividend cover of 2.0x adjusted earnings per share.
Mattioli Woods announces an increased interim dividend 8.8p per share
The Mattioli Board is pleased to announce an increased interim dividend of 8.8p per share (1H22: 8.3p) up 6.0%, demonstrating a desire to deliver value to shareholders and confidence in the financial outlook for their business. The Board remains committed to growing the dividend, while maintaining an appropriate level of dividend cover. The interim dividend will be paid on 24 March 2023 to shareholders on the register at the close of business on 17 February 2023, with an ex-dividend date of 16 February 2023.
BP announce an interim dividend of 6.610 cents per share
BP today announced an interim dividend of 6.610 cents per ordinary share which is expected to be paid on 31 March 2023 to ordinary shareholders and American Depositary Share (ADS) holders on the register on 17 February 2023. The ex-dividend date will be 16 February 2023. The corresponding amount in sterling is due to be announced on 14 March 2023, calculated based on the average of the market exchange rates over three dealing days between 8 March 2023 and 10 March 2023. Holders of ADSs are expected to receive $0.39660 per ADS (less applicable fees). The board has decided not to offer a scrip dividend alternative in respect of the fourth quarter 2022 dividend. Ordinary shareholders and ADS holders (subject to certain exceptions) will be able to participate in a dividend reinvestment programme. Details of the fourth quarter dividend and timetable are available at bp.com/dividends and further details of the dividend reinvestment programmes are available at bp.com/drip.
Alumasc Group plc announce a dividend per share increased to 3.40p
The Alumasc Board has decided to declare an increased interim dividend of 3.40p (H1 FY22: 3.35p) per ordinary share, payable on 6 April 2023 to shareholders on the register on 24 February 2023.
Renishaw plc announce an interim dividend of 16.8p per share
The Renishaw Board has approved an interim dividend of 16.8 pence net per share (FY2022: 16.0p), relecting the Board's confidence in the medium term growth prospects of the business, which will be paid on 11 April 2023 to shareholders on the register on 10 March 2023.
NCC Group announce an unchanged interim dividend of 1.50
NCC Group announce an unchanged interim dividend of 1.50p (H1 2022: 1.50p) per ordinary share declared, as the Board prioritises investment in the new strategy
Wynnstay Group have proposed a final dividend of 11.60p
Record results reflect a strong trading performance and substantial one-off gains arising from macroeconomic events (which management does not believe will be repeated)
GSK plc announce a 13.75p dividend declared for the Q4 2022
The GSK plc Board has declared a fourth dividend for 2022 of 13.75p per share (Q4 2021: 28.75p1 per share retrospectively adjusted) for the Share Consolidation.
NWF plc announce an unchanged interim dividend of 1.0pence per share
The NWF Board has approved an unchanged interim dividend per share of 1.0p (H1 2021: 1.0p), in line with its policy. This will be paid on 2 May 2023 to shareholders on the register as at 17 March 2023. The shares will trade ex-dividend on 16 March 2023. The Group has increased the annual dividend by approximately 5% in each of the last ten years reflecting the Group's strong underlying financial performance and position.
SThree announce a final dividend proposed of 11.0 pence per share
The SThree Board has proposed to pay a final dividend at 11.0 pence (2021: 8.0 pence) per share. Taken together with the interim dividend of 5.0 pence (2021: 3.0 pence) per share, it gives the total dividend for the year of 16.0 pence (2021: 11.0 pence) per share.
Porvair PLC announce a recommended final dividend of 3.8 pence (2021: 3.5 pence) bringing the full year dividend to 5.7 pence (2021: 5.3 pence)
Porvair plc recommends a final dividend of 3.8 pence per share, at a value of £1.7 million (2021: 3.5 pence per share, at a value of £1.6 million). The full year dividend increases by 7.5% to 5.7 pence per share, a value of £2.6 million (2021: 5.3 pence per share, a value of £2.4 million). The Company had £36.5 million (2021: £27.8 million) of distributable reserves at 30 November 2022.
Titon Holdings plc announce a proposed final dividend of 0.5 pence per share
Titon Holdings plc announce an interim dividend of 1.5 pence per share was paid in the year to 30 September 2022 and the Directors are proposing a final dividend of 0.5 pence per share (2021: 3.0 pence). The total dividend for the year will therefore be 2.0 pence per share (2021: 4.5 pence). If approved by shareholders at the forthcoming Annual General Meeting on 22 March 2023, the dividend will be payable on 31 March 2023 to shareholders on the register at 10 February 2023. The ex-dividend date is 9 February 2023.
IG Group Holdings announce an increased interim cash dividend to 13.26 pence per share
The IG Group Holdings plc have proposed interim dividend for FY23 of 13.26 pence per share totalling £55.1 million was approved by the Board on 25 January 2023 and has not been included as a liability at 30 November 2022. This dividend will be paid on 3 March 2023 to those members on the register at the close of business on 3 February 2023.
Diageo announce an interim dividend of 30.83 pence per share
The Diageo group aims to increase their dividend each year. The decision in respect of the dividend is made with reference to the dividend cover as well as current performance trends, including sales and profit after tax together with cash generation. Diageo targets dividend cover (the ratio of basic earnings per share before exceptional items to dividend per share) within the range of 1.8-2.2 times. For the year ended 30 June 2022, dividend cover was 2.0 times. The group will keep future returns of capital, including dividends, under review through the year ending 30 June 2023 to ensure Diageo's capital is allocated in the best way to maximise value for the business and stakeholders.
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