Recent articles for private investors with a focus on dividend announcements
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.
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.
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
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).
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.
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.
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.
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
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.
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.
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.
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%.
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:
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.
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.
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.
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.
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.
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.
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
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.
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)
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.
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.
Idox announce a final dividend of 0.5p per share
Idox announce a final dividend of 0.5p per share (2021: 0.4p) declared, reflecting continuing growth opportunities, and strong financial position and with confidence in the future.
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.
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.
Watkin Jones PLC announce a final dividend of 4.5 pence per share
The Watkin Jones Board has proposed a final dividend of 4.5 pence per share (FY21: 5.6 pence per share). Taken together with the interim dividend of 2.9 pence per share (FY21: 2.6 pence per share), this will give a total dividend for the year of 7.4 pence per share (FY21: 8.2 pence per share). The dividend is 2.0x covered by adjusted earnings, in line with our stated policy.
Hargreaves Services plc interim dividend increased by 7.1% to 3.0p
Hargreaves Services are announcing a 7.1% increase in the interim dividend to 3.0p (2021: 2.8p). The interim dividend will be paid on 6th April 2023 to shareholders on the register at 24th March 2023.
Gatley (holdings) Plc have proposed an interim dividend of 3.3p per share
The Gateley (holdings) Plc board proposes an interim dividend of 3.3p (H1 22: 3.0p) per share. This dividend will be paid on 31 March 2023 to shareholders on the register at the close of business on 24 February 2023. The shares will go ex-dividend on 23 February 2023. This dividend has not been recognised as a liability in the interim accounts.
Safestore PLC announce a 15.9% increase in the final dividend to 20.4 pence
The Safestore Board is to recommend a 15.9% increase in the final dividend to 20.4 pence per share (FY2021: 17.6 pence) resulting in a full year dividend up 18.7% to 29.8 pence per share (FY2021: 25.1 pence). Over the last nine years, the Group has grown the annual dividend by 418% or 24.1 pence per share.
Ramsdens Holdings has recommended a final dividend of 6.3p per share
The Ramsdens Holdings Board has recommended a final dividend of 6.3p per share for approval at the forthcoming AGM taking the total dividend for the Period to 9.0p per share (FY21: 1.2p), representing a return to the Group's progressive dividend policy.
Crest Nicholson Holdings PLC have proposed a final dividend of 11.5 pence per share
The Crest Nicholson Holdings Board proposes to pay a final dividend of 11.5 pence per share for the financial year ended 31 October 2022 which, subject to shareholder approval, is expected to be paid on 5 April 2023 to shareholders on the Register of Members on 17 March 2023. This is in addition to the 5.5 pence per share interim dividend that was paid in October 2022.
Knights Group Holdings announce an interim dividend of 1.53p
The Knights Group Holdings Board is proposing an interim dividend of 1.53p per share. The dividend will be payable on 17 March 2023 to shareholders on the register at 17 February 2023.
Games Workshop Group PLC announce a dividend of £1.30per share
Games Workshop Group PLC announces that the Board has today declared a dividend of £1.30 per share, in line with the Company's policy of distributing truly surplus cash. Including this dividend, total dividends declared in the year so far are £2.95 per share (2021/22: £1.65 per share, as at January 2022). The dividend of £1.30 per share will be paid on 24 February 2023 for shareholders on the register on 20 January 2023, with an ex-dividend date of 19 January 2023. The last date for elections for the dividend re-investment plan is 3 February 2023.
Shoe Zone PLC announce a final dividend of 3.3pence per share
Shoe Zone PLC have announced a proposed final dividend of 3.3 pence per share be paid in March 2023 on the basis of a 40% pay-out ratio. The Board will also propose an additional special dividend of 8.2 pence per share (paid in March 2023), bringing the total to 17.0 pence per share.
RWS Holdings have recommended a final dividend of 9.5p per share
The RWS Holdings Board recommends a final dividend of 9.5p per share. Together with the interim dividend of 2.25p per share, this will result in a total dividend of 11.75p for the year - an increase of 12% compared with FY21. Subject to final approval at the AGM, the final dividend will be paid on 24 February 2023 to shareholders on the register at 27 January 2023.
Currys PLC announce an interim dividend of 1.00p
The Currys PLC Board has declared an Interim dividend of 1.00p per ordinary share for the half year to 29 October 2022. The dividend will be paid on 27 January 2023 to shareholders registered at the close of business on 30 December 2022. The ex-dividend date will be 29 December.
Redcentric PLC announce an interim dividend will be maintained at 1.2p per share.
The Redcentric Plc Board has reviewed the financial performance of the business and has decided to maintain an interim dividend payment of 1.2p per share, which will be paid on 27 January 2023 to shareholders on the register at the close of business on 16 December 2022, with the shares going ex-dividend on 15 December 2022. The last date for dividend reinvestment plan (DRIP) elections is 6 January 2023.
Focusrite Plc final dividend of 4.15p recommended
The Focusrite Plc Board is proposing a final dividend of 4.15p pence per share (FY21 final dividend: 3.7 pence), which would result in a total of 6.0p pence per share for the year (FY21: 5.2 pence). This represents an adjusted earnings dividend cover of 8.7 times (FY21: 11.1 times).
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