Recent articles for private investors with a focus on dividend announcements
Law Debenture have declared a full year of 30.5pence per share
Law Denture have declared a 2022 full year dividend increased by 5.2% to 30.5 pence per Ordinary Share (2021: 29.0 pence per Ordinary Share).
Senior PLC announce a final dividend of 1.00p proposed
In line with the Senior Board's decision from earlier in the year to reinstate dividends, and reflecting confidence in the Group's performance, financial position and future prospects, the Board is proposing a final dividend of 1.00 pence per share (2021 - nil pence) and this will be paid on 26 May 2023 to shareholders on the register at close of business on 28 April 2023. This would bring total dividends, paid and proposed for 2022 to 1.30 pence per share.
DX (Group) announce an interim dividend of 0.5p per ordinary share today
DX (Group) is to announce today an interim dividend of 0.5p per ordinary share. The reintroduction of the dividend marks a significant milestone in the transformation of the Group since 2018 when the business turnaround plan was started. It also reflects the Board's confidence in the ongoing growth prospects for DX.
Dechra Pharmaceuticals Plc Board declares an interim dividend of 12.50 pence per share
The Board is pleased to declare an interim dividend of 12.50 pence per share, which represents growth of 4.2% on the prior period (2022: 12.00 pence). The dividend will be payable on 13 April 2023 to shareholders on the Register at 10 March 2023. The ordinary shares will become ex-dividend on 9 March 2023.
Bunzl Plc Board recommending a final dividend of 45.4p
The Board is recommending a final dividend of 45.4p, 11.3% higher than the prior year, resulting in a full year dividend of 62.7p. This represents a 10.0% increase compared to the 2021 total dividend and is Bunzl's 30th consecutive year of dividend growth. The Group remains committed to ensuring sustainable dividend growth. Since 2004, Bunzl has returned £2.0 billion to shareholders through dividends and has committed £4.7 billion in acquisitions to support a growth strategy that has delivered an adjusted earnings per share CAGR of 10% over the period.
Hays declare an interim core dividend of 0.95p
The Hays Board has declared an interim core dividend of 0.95p, in line with the prior year. The ex-dividend date is 2 March 2023, and the interim dividend payment date will be 11 April 2023. Their target core full year dividend cover range remains 2.0 to 3.0x earnings.
Spectris announce an interim dividend of 24.1p per share
Spectris have announced aninterim dividend for the year ended 31 December 2022 of 24.1p (2021: 23.0p) per share 25.3 and 25.4 Proposed final dividend for the year ended 31 December 2022 of 51.3p (2021: 48.8p) per share
WPP Plc announce a Final dividend of 24.4 pence
WPP Plc announce a Final dividend of 24.4 pence proposed, up 30.5%, for a proposed total dividend for 2022 of 39.4 pence, in line with their policy of approximately 40% of headline diluted EPS
BAE Systems plc announce a dividend increased by 7.6%
The BAE Systems Board has recommended a final dividend of 16.6p for a total of 27.0p for the full year. Subject to shareholder approval at the May 2023 Annual General Meeting, the dividend will be paid on 1 June 2023 to shareholders on the share register on 21 April 2023.
Driver Group PLC announce a full year dividend of 0.75pence per share
Driver Group PLC (AIM: DRV), the global professional services consultancy to construction and engineering industries, is to announce the dividend for the full year and its results for the financial year ended 30 September 2022.
Howden Joinery Group announce a final dividend of 15.9 pence per share
The Howden Joinery Group Plc 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.
Genus announce an interim dividend of 10.3p per share
Genus announced their final dividend for the year ended 30 June 2022 was approved at the Company Annual General Meeting on 23 November 2022 and paid on 08 December 2022.
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.
Anglo American Plc propose a final dividend of $0.74 per share
The Anglo American Plc Board has proposed a final dividend of $0.74 per share (2021: $1.18 ordinary dividend per share and $0.50 special dividend per share), equivalent to $0.9 billion (2021: $2.1 billion including special dividend).
The Macfarlane Board is proposing a final dividend of 2.52p per share
The MacFarlane Group Board is proposing a final dividend of 2.52p per share (2021: 2.33p per share) which would take the total dividend for 2022 to 3.42p per share (2021: 3.20p per share) up 7% on 2021.
Drax Group announce a total dividend increased 11.7% to 21.0 pence per share
Drax Group announce a total dividend increased 11.7% to 21.0 pence per share (2021: 18.8 pence per share) and a proposed final dividend of 12.6 pence per share (2021: 11.3 pence per share)
Morgan Sindall Group announce final dividend of 68.0pence per share
Morgan Sindall Group have announced their proposed final dividend has increased by 10% to 68.0p per share (FY 2021: 62.0p), resulting in a total dividend for the year of 101.0p per share (FY 2021: 92.0p), also an increase of 10%. This represents dividend cover of 2.36x and reflects the result for the year, the strong balance sheet and the Board's confidence in the long-term prospects of the Group.
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.
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.
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.
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
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).
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.
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.
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.
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.
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.
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.
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.
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.
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).
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
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.
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.
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.
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.
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%.
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.
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.
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