Recent articles for private investors with a focus on dividend announcements
Aviva announce a final dividend per share of 22.3 pence
Aviva announces a final dividend of 22.3 pence per share on Ordinary Shares (Shares). Subject to shareholder approval at the 2024 Annual General Meeting and the condition below, the final dividend for the year ending 31 December 2023 will be paid on 23 May 2024 to shareholders on the Register of Members at the close of business on 12 April 2024. 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 is 1 May 2024. The dividend is conditional upon the Directors not having determined (at their discretion) to cancel the dividend at any point prior to its payment.
Grafton Group recommend a final dividend of 26.0p per share
The Grafton Group Board is recommending a final dividend for 2023 of 26.0p (2022: 23.75p) per ordinary share in line with its progressive dividend policy. An interim dividend of 10.0p (2022: 9.25p) per share was paid on 20 October 2023. The total dividend for the year is 36.0p per share, an increase of 9.1 per cent on dividends of 33.0p paid for 2022.
Rentokil Initial announce a recommended final dividend of 5.93p
The Rentokil Initial Plc Board is recommending a final dividend in respect of 2023 of 5.93p per share, payable to shareholders on the register at the close of business on 5th April 2024, to be paid on 15th May 2024. This equates to a full-year dividend of 8.68p per share, an increase of 15.0% compared to 2022. The last day for DRIP elections is 23rd April 2024.
ITV declared a final dividend of 3.3pence per share
The ITV Board has declared a final dividend of 3.3p (2022: 3.3p), giving an ordinary dividend of 5.0p per share for the full year 2023 (2022: 5.0p)
Robert Walters plc have proposed a final dividend of 17.0p per share
The Robert Walters Board is proposing a final dividend of 17.0p per share. Together with the interim dividend of 6.5p per share paid in September 2023, this takes the total dividend for the year to 23.5p, in-line with that for the prior year.
Tyman Plc announce a full-year dividend per share maintained at 13.7 pence
Tyman Plc announce a final dividend of 9.5 pence per share (2022: 9.5 pence), equivalent to £18.5 million based on the shares in issue as at 31 December 2023, will be proposed at the Annual General Meeting (2022: £18.4 million). The total dividend declared for the 2023 financial year is therefore 13.7 pence per share (2022: 13.7 pence). This equates to a Dividend Cover of 2.2x, within the Group's target range of 2.0x to 2.5x adjusted EPS.
Nichols Plc propose a final dividend proposed at 15.6p
The Nichols plc Board is to recommend an increased final dividend of 15.6p per share (2022: 15.3p) to give a proposed total dividend in respect of the year of 28.2p per share (2022: 27.7p). If approved, the final dividend will be payable to shareholders on the Register of Members at 22 March 2024. The ex-dividend date will be 21 March 2024. The Board is committed to operating a progressive and sustainable dividend policy, offering a good return to investors while meeting the needs of the business and its growth plans.
Ibstock plc has recommended a final dividend of 3.6p per share
The Ibstock plc Board has recommended a final dividend of 3.6p per share (2022: 5.5p), for payment on 31 May 2024 to shareholders on the register on 10 May 2024. This will bring the full year dividend to 7.0p (2022: 8.8p), a pay-out of 50% of adjusted basic earnings per share, consistent with their stated capital allocation framework.
Legal & General announce a dividend per share of 20.34p
The Legal & General Board has recommended a final dividend of 14.63p, giving a full year dividend of 20.34p, up 5% from the prior year (19.37p). The Board's intention is to grow the dividend at 5% until FY24.
ConvaTec recommends a 3% increase in the full year dividend to 6.229 cents per share
The ConvaTec Group Board recommends a 3% increase in the full year dividend to 6.229 cents per share (2022: 6.047 cents). The payout ratio of 46% (2022: 48%) of adjusted EPS remains modestly ahead of the target range of 35-45%. The Board remains confident of the Group's future prospects and this progressive dividend recommendation is consistent with the approach over the last 3 years.
Quilter announce a proposed Full Year Dividend of 5.2 pence per share
The Quilter Board recommended a Final Dividend of 3.7 pence per share at a total cost of £50 million. Subject to shareholder approval at the 2024 Annual General Meeting, the recommended Final Dividend will be paid on Tuesday 28 May 2024 to shareholders on the UK and South African share registers on Friday 19 April 2024 (the "Record Date"). For shareholders on our South African share register, a Final Dividend of 89.02751 South African cents per share will be paid on Tuesday 28 May 2024, using an exchange rate of 24.06149.
The Headlam Group Plc has proposed a final ordinary dividend of 6.0 pence per share
The Headlam Group Plc has proposed a final ordinary dividend of 6.0 pence per share (2022: final ordinary dividend 11.2 pence per share). If approved by shareholders at the 2024 AGM to be held on 23 May 2024, it will be payable on 7 June 2024 to shareholders on the register as at 10 May 2024 and is expected to be a cash outflow of £4.8 million.
Keller plc proposes final dividend of 31.3p (2022: 24.5p) for FY23.
Keller plc announced a final dividend of 31.3p per share (2022: 24.5p per share) which, following the interim dividend for 2023 of 13.9p (2022: 13.2p), brings the total dividend for the year to 45.2p (2022: 37.7p), an increase of 20%. This follows the 5% increase in the interim dividend and would bring the total amount of dividends for the year to 45.2p (2022: 37.7p). If approved, the proposed 2023 final dividend of 31.3p (2022: 24.5p) will be paid on 28 June 2024 to shareholders on the register at the close of business on 31 May 2024.
Rotork announce a final dividend of 4.65pence per share
The Rotork Board is recommending a final dividend of 4.65p per share. With the 2023 interim dividend of 2.55p, the total dividend for the year is 7.20p, a 7.5% increase on the 2022 full-year dividend. This equals 2.0 times cover based on adjusted earnings per share (2022: 1.9 times). The final dividend will be payable on 24 May 2024 to shareholders on the register on 19 April 2024. The last date to elect for the Dividend Reinvestment Plan ('DRIP') is 3 May 2024.
The Inchcape Plc Board has proposed a final ordinary dividend of 24.3p
The Inchcape Plc Board has proposed a final ordinary dividend of 24.3p, which is subject to the approval of shareholders at the 2024 Annual General meeting, and if approved will be paid in June 2024. This follows an interim dividend of 9.6p, and takes the total dividend in respect of FY 2023 to 33.9p. The Dividend Reinvestment Plan is available to ordinary shareholders and the final date for receipt of elections to participate is 24 May 2024.
IWG plc announces resumption of dividend, with final dividend of 1.0p per share.
IWG plc proposed resuming dividend payments. Accordingly, IWG management is recommending a final dividend of 1.0p per share which, if approved, would be payable on 31 May 2024 to shareholders on the register at the close of business on 3 May 2024.
Bakkavor Group Plc propose a final dividend for 2023 of 4.37 pence per Ordinary share
The Bakkavor Group Plc paid £24.0m in respect of the final dividend for 2022 and £16.8m for the 2023 interim dividend declared in September.
The Hiscox Ltd Board recommended a final dividend of 25.0¢ per share to be paid on 12 June 2024
The Hiscox Ltd Board recommended a final dividend of 25.0¢ per share to be paid, subject to shareholder approval, on 12 June 2024 to shareholders registered on 3 May 2024. Dividends will be paid in Sterling unless shareholders elect to be paid in US Dollars. The foreign exchange rate to convert the dividends declared in US Dollars into Sterling will be based on the average exchange rate in the five business days prior to the Scrip Dividend price being determined. On this occasion, the period will be between 21 May 2024 and 28 May 2024 inclusive.
Johnson Service Group Plc proposed a final dividend of 1.9 pence per share bringing the total dividend for 2023 to 2.8 pence per share
The Johnson Service Group Plc Board declared an interim dividend of 0.9 pence (2022: 0.8 pence) per share in September 2023. The proposed final dividend of 1.9 pence per share brings the total dividend for 2023 to 2.8 pence (2022: 2.4 pence) per share.
Reach plc announces full year dividend of 7.34 pence per share.
Reach plc announced a full year dividend of 7.34 pence per share comprised interim dividend of 2.88 pence per share and proposed final dividend of 4.46 pence per share. The final dividend, which is subject to approval by shareholders at the Annual General Meeting on 2 May 2024, will be paid on 31 May 2024 to shareholders on the register at 10 May 2024. An interim dividend for 2023 of 2.88 pence per share was paid on 22 September 2023 (2022: 2.88 pence per share). In proposing a final dividend of 4.46 pence per share for 2023 (2022: 4.46 pence per share), the Board has considered all investment requirements and its funding commitments to the defined benefit pension schemes.
Greggs announce a final dividend of 46.0p per share
The Greggs Board intends to recommend at the AGM a final dividend of 46.0 pence per share (2022: 44.0 pence per share), giving a total ordinary dividend for the year of 62.0 pence per share (2022: 59.0 pence per share).
Fresnillo plc announces final dividend of 4.2 US cents per share.
Fresnillo plc announced a final dividend of 4.2 US cents per share, amounting to US$30.9 million. This is in addition to the 2023 interim dividend of 1.40 US cents per share, amounting to US$10.3 million, which was paid in September 2023 and represented 1/3 of the expected total dividend for 2023. This brings the total dividend for the year to 5.6 US cents per share, amounting to US$41.2 million.
Intertek Group announce a full year dividend of 111.7pence per share
The Intertek Group Board recommends a full year dividend of 111.7p per share, a year-on-year increase of 5.6%.
Foxtons Group plc announces a final dividend of 0.7p per share under existing policy
Foxtons Group plc proposed a final dividend of 0.7p per share for FY23 under the existing policy, the same as the final dividend for 2022. Under the new policy we would expect total dividends paid in 2024 and 2025 to at least maintain the level paid in 2022 and 2023. An interim dividend of 0.2p per share was paid in September 2023. The Board has proposed a final dividend of 0.7p per share which maintains the total dividend for the year at 0.9p per share (2022: 0.9p per share).
STV Group Plc proposes final dividend of 7.4p and a full year dividend of 11.3p
The STV Group Plc Board proposes a final dividend of 7.4p per share for 2023, giving a full year dividend of 11.3p per share.
Travis Perkins Plc announce a proposed full year dividend of 18.0 pence per share
The Travis Perkins Board is recommending a final dividend of 5.5 pence per share (2022: 26.5 pence per share) to give a full year dividend of 18.0 pence per share (2022: 39.0 pence per share), in line with the Group’s previously communicated policy.
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.
GlobalData Plc announce a proposed final dividend of 3.2p
GlobalData plc are to propose a final dividend of 3.2 pence per share (2022 restated: 2.6 pence), to be paid on 26 April 2024 to shareholders on the register at the close of business on 22 March 2024. The ex-dividend date will be on 21 March 2024. The proposed final dividend increases the total dividend for the year to 4.6 pence per share (2022 restated: 3.6 pence), an increase of 28%.
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.
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
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.
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.
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.
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.
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.
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.
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).
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.
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.
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).
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).
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.
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.
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
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.
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.
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