Recent articles for private investors with a focus on dividend announcements
Currys Plc have proposed an interim dividend of 1.00pence per share
Currys have announced a proposed interim dividend for the year ending 30 April 2022 is 1.00p per share. The expected cost of this dividend is £12m and incorporates the agreement with the Group's Employee Benefit Trust to waive its rights to receive dividends.
Avon Protection PLC announce a final dividend of 30.6 cents per share, up 30%
The Avon Protection Board is recommending a final dividend of 30.6 cents per share (2020: 23.5 cents) which together with the 14.3 cents per share interim dividend gives a total dividend of 44.9 cents (2020: 34.5 cents), up 30% on last year. The final dividend will be paid in pounds sterling on 11 March 2022 to shareholders on the register at 11 February 2022 with an ex-dividend date of 10 February 2022. The final dividend will be converted into pounds sterling for payment at the prevailing exchange rate immediately prior to payment.
Character Group plc have announced a final dividend of 9.0p
The Character Group plc Board will be recommending to shareholders a final dividend of 9.0p (2020 H2: 3.0p per share), an increase of 200% when compared to the final dividend last year. Together with the interim dividend of 6.0p per share paid in July 2021, this will, if approved by shareholders, bring the total dividend for the year to 15.0p per share (FY 2020: 5.0p). The 2021 total dividend is covered approximately 2.7 times by underlying annual earnings (2020: 3.6 times).
RWS Holdings PLC are proposing a final dividend of 8.50p
The RWS Holdings PLC Board is to recommend a final dividend of 8.5p per share, which together with the interim dividend of 2.0p per share, will result in a total dividend for the year of 10.5p per share, an increase of 17% compared to 2020. Subject to final approval at the next AGM, the final dividend will be paid on 25 February 2022, to shareholders on the register as at 28 January 2022.
Begbies Traynor Group have declared a 10% increase of their interim dividend to 1.1pence per share
The Begbies Traynor Group board is to declare a 10% increase in the interim dividend to 1.1p (2020: 1.0p), which builds on the increases over the previous four years and reflects their confidence in sustaining their financial track record and the group's financial position and prospects. They remain committed to a long-term progressive dividend policy, which takes account of the group's earnings growth, their investment plans and cash requirements, together with the market outlook.
Chemring Group PLC proposed final dividend increased by 23% to 3.2p
The Chemring Group plc Board is recommending a final dividend in respect of the year ended 31 October 2021 of 3.2p (2020: 2.6p) per ordinary share. With the interim dividend of 1.6p per share (2020: 1.3p), this results in a total dividend of 4.8p (2020: 3.9p) per share, an increase of 23% on the prior year.
Cohort announce an interim dividend increased by 10% to 3.85 pence per share
The Cohort Board is declaring an interim dividend increase of 10% to 3.85 pence per share (2020: 3.50 pence per share). This increase reflects the Board's confidence in the outlook for Cohort and its commitment to a progressive dividend policy. The dividend is payable on 14 February 2022 to shareholders on the register as of 7 January 2022.
Renew Holdings PLC are to propose a final dividend of 11.17pence per share
The Renew Holding PLC Board is to propose a final dividend of 11.17p (2020: 8.33p) per share, an increase of 34 per cent. This will be paid on 4 March 2022 to shareholders on the register as at 28 January 2022, with an ex-dividend date of 27 January 2022. This will represent a full year dividend of 16.0p (2020: 8.33p) per share.
Dr. Martens announce an inaugural interim dividend of 1.22 pence per share
The Dr. Martens PLC Board has approved and the Company has declared an interim dividend of 1.22p per share (H1 FY21: nil pence) calculated as a 25% earnings payout which will be paid on 4 February 2022. As previously guided the Board has adopted a progressive dividend policy, taking into account their financial performance, market conditions and their need for financial flexibility. The policy takes into consideration the characteristics of our business, our expectations for future cash flows and their plans for organic investment in innovation and productivity. They intend to pay dividends twice a year following the normal in-year trading profile. The total cost of the declared dividend is £12.2m.
B&M European Value Retail S.A. announces that the Board has declared a special dividend of 25.0p per share
B&M European Value Retail S.A. (the "Company") announces that the Board has declared a special dividend of 25.0p per share, equating to approximately £250m in total.
DWF Group announce an interim dividend of 1.5 pence per share
The DWF Group Board has approved an interim dividend for FY22 of 1.5 pence per share in line with their policy of paying one third of the prior year total dividend as the interim dividend in the following year. The interim dividend for FY22 is payable on 4 March 2022 to shareholders on the register as at 4 February 2022.
Paragon Banking Group have announced a final dividend of 18.9 pence per share
The Paragon Banking Group Board is proposing, subject to approval at the AGM on 2 March 2022, a final dividend for the year of 18.9 pence per share (2020: 14.4p per share). This would give a total dividend of 26.1 pence per share (2020: 14.4p per share). This dividend would be in line with the stated policy, giving a dividend cover of 2.50 times (2020: 2.50 times).
Ashtead Group PLC announce an interim dividend increased by 28% to 12.5¢ per share
The Ashtead Group Board has increased their interim dividend 28% to 12.5¢ per share (2020: 9.76¢ per share).
Victrex PLC have proposed a final dividend of 46.14p per share
Victrex PLC have proposed a final dividend of 46.14p/share (FY 2020: final dividend 46.14p/share) taking the full year dividend to 59.56p (FY 2020: 46.14p) which reflects the expectation of growth in FY 2022, despite the significant currency and inflation headwinds.
Smiths News PLC are to announce a final dividend of 1.15 pence per share
The Smiths News Board have revised the final dividend recommendation for FY2021 to 1.15p per ordinary share from the previously announced 1.0p within the full year results published on 4th November 2021. This will result in a total dividend for the year of 1.65p (FY2020: nil p). Subject to approval at the Company's AGM on 20 January 2022, the final dividend is expected to be paid on 10 February 2022 to all shareholders who are on the register at the close of business on 14 January 2022; the ex-dividend date being 13 January 2022.
AJ Bell have announced a final dividend of 4.50 pence per share
The AJ Bell Board is pleased to announce both an ordinary dividend of 4.50p and a special dividend of 5.00p per share, which will take the total dividend for the year to 11.96p. This will increase the total ordinary dividend for the financial year compared with the prior year by 13% and including the special dividend will represent an increase of 94%.
Brickability Group PLC have announced an interim dividend of 0.96 pence per share
The Brickability Group PLC Board is recommending an interim dividend of 0.96p per share (H1 2020: 0.8678p) to shareholders on the register at 28 January 2022. The ex-date and payment date for the dividend will be 27 January 2022 and 24 February 2022 respectively.
TPXimpact Holdings PLC have announced an interim dividend of 0.3 pence per share for H1
A dividend of 0.3 pence per share has been declared by TPXimpact Holdings PLC for H1 2022 (H1 2021: 0.2 pence). This will be paid on 28 January 2022 to shareholders on the register at the close of business on 21 January 2022.
Redde Northgate PLC interim dividend of 6.0p declared
In the six months to 31 October 2021, a dividend of £29,295,000 was paid (2020 - £nil) representing the final dividend for the year ended 30 April 2021. The Redde Northgate PLC Directors have declared a dividend of 6.0p per share for the six months ended 31 October 2021 (2020 - 3.4p).
The D4T4 Solutions PLC Board interim dividend of 0.85p per share, up 4.9%
For this current half year, the D4T4 Solutions PLC Board is to declare an interim dividend of 0.85p per share, a 4.9% increase over the comparative period last year. This will be paid on 10 January 2022 to Members on the Register as at 10 December 2021. The shares will become ex-dividend on 9 December 2021.
Liontrust Asset Management plc have announced a first Interim dividend per share of 22.0 pence
The Liontrust Asset Management PLC Board is declaring a first Interim dividend of 22.0 pence per share (2020: 11.0 pence), an increase of 100%, which will be payable on 14 January 2022 to shareholders who are on the register as at 10 December 2021, the shares going ex-dividend on 9 December 2021. Last day for Dividend Reinvestment Plan elections is 22 December 2021.
Treatt PLC have proposed a final dividend of 5.50p per share
Treatt PLC have proposed a final dividend of 5.50p per share (2020: 4.16p) increases the total dividend per share for the year to 7.50p, a 25.0% increase on the prior year (2020: 6.00p), representing dividend cover of 3.6 times pre-exceptional earnings for the year and a rolling three-year cover after exceptional items of 3.2 times. The Board considers this to be appropriate at this stage of the Group's development.
DiscoverIE group have announced an increase in the interim dividend of 6% to 3.35p per share
The DiscoverIE Board are to declare an increase in the interim dividend of 6% to 3.35p per share (H1 2020/21: 3.15p per share). Since 2010, the annual dividend per share has doubled and the total dividend payment has increased by nearly 400%.
Pennon Group have announce a dividend per share up increased to 11.70 pence
The Pennon Group Board has declared an interim dividend of 11.70 pence, representing an increase of 4.9% on the adjusted base for H1 2020/21. The interim dividend will be paid on 5 April 2022 to shareholders on the register on 28 January 2022. Pennon offers shareholders the opportunity to invest their dividend in a Dividend Reinvestment Plan (DRIP).
The VP PLC Directors have declared an interim dividend of 10.5 pence per share
The VP PLC Directors have declared an interim dividend of 10.5 pence per share payable on 11 January 2022 to shareholders on the register at 10 December 2021. The dividend declared will absorb an estimated £4.15 million.
Future PLC have proposed a final dividend for the year is 2.8p per share
The Future PLC Board is recommending a final dividend of 2.8p per share for the year ended 30 September 2021, payable on 9 February 2022 to all shareholders on the register at close of business on 14 January 2022.
Topps Tiles have announced a final dividend of 3.1 pence per share
Following consideration of the financial position and performance of the Group, the Topps Tiles PLC Board has decided to propose the resumption of dividend payments and to readopt the previous policy of paying approximately half of adjusted EPS as dividends. Moving forward, the interim dividend would be set at approximately one third of the prior full year dividend. The Group will evaluate its capital allocation policy in the coming year.
Shaftsebury PLC has recommended a final dividend of 4.0p per share
The Shaftsebury PLC Board has recommended a final dividend of 4.0p per share (2020: nil). If approved at the 2022 AGM, the dividend will be paid on 11 February 2022, with 2.75p as a PID and 1.25p as an ordinary dividend. Totalling £15.4 million, the final dividend is 11.1% higher than EPRA earnings per share, reflecting the sustained revival of the West End and their operations, much improved prospects for the return to normal conditions and their strong financial position. As noted above, in future years, EPRA earnings will likely be lower than the related cash flows, as the cost of rent waivers unwinds. Consequently, from next year, they will use Covid-adjusted EPRA earnings as one measure in determining the level of dividends.
Circle Properties have announced a proposed interim dividend of 3.5p per share
The Circle Properties have Board declared an interim dividend of 3.5p, which will be paid on 14 January 2022 to shareholders on the register on 10 December 2021, with an ex-dividend date of 9 December 2021. This dividend is an increase of 40% on 2020's COVID-19 impacted interim dividend of 2.5p and importantly, 6% ahead of 2019's interim dividend of 3.3p.
XPS Pensions Group announce an interim dividend of 2.4 pence
An interim dividend of 2.4p has been declared by the Board XPS Pensions Group (2020: 2.3p). The interim dividend amounting to £4.9 million (2020: £4.7 million), will be paid on 3 February 2022 to those shareholders on the register on 7 January 2022.
Latham (James) announce an interim dividend of 6.5p per Ordinary Share
The Latham (James) PLC Board has declared an increased interim dividend of 6.5p per Ordinary Share (2020: 5.7p). The dividend is payable on 21 January 2022 to ordinary shareholders on the Company's Register at close of business on 17 December 2021. The ex-dividend date will be 16 December 2021.
PayPoint PLC announce ordinary interim dividend of 17.0 pence per share declared
PayPoint PLC have declared an increased interim dividend of 17.0 pence per share (September 2020: 15.6 pence) payable in equal instalments of 8.5 pence per share on 30 December 2021 (to shareholders on the register on 3 December 2021) and 7 March 2022 (to shareholders on the register on 4 February 2022). This is an increase of 2.4% compared to the final dividend declared on 27 May 2021 of 16.6 pence per share, and an increase of 9.0% compared to the same period last year (September 2020: 15.6 pence).
AB Dynamics have proposed final dividend of 3.2p per share
The AB Dynamics Board is recommending a final divided of 3.24p per share giving a total dividend for the year of 4.84p per share, which is an increase of 10% over the prior year, resuming the Board's progressive dividend policy.
Johnson Matthey interim dividend of 22.0 pence per share, up 10%
The Johnson Matthey PLC board have approved an interim dividend of 22.0 pence per share, an increase of 10% against the prior year (1H 2020/21: 20.0 pence per share). The interim dividend will be paid on 1st February 2022 to shareholders on the register at 3rd December 2021.
United Utilities Group announce an interim dividend of 14.50p
The United Utilities Group Board has proposed an interim dividend of 14.50 pence per ordinary share in respect of the six months ended 30 September 2021. This is an increase of 0.6 per cent compared with the interim dividend relating to last year, in line with the group's dividend policy of targeting a growth rate of CPIH inflation each year through to 2025. The inflationary increase of 0.6 per cent is based on the CPIH element included within the allowed regulated revenue increase for the 2021/22 financial year (i.e. the movement in CPIH between November 2019 and November 2020).
First Property Group announce an interim dividend of 0.25 pence per share
The First Property Group Directors have decided to pay an interim dividend of 0.25 pence per share (30 September 2020: 0.45 pence per share). It will be paid on 7 January 2022 to shareholders on the register at 3 December 2021, with an ex-dividend date of 2 December 2021.
Brewin Dolphin Holdings have announced a final dividend per share up 12.1% to 11.1p
The Brewin Dolphin Holdings Board is proposing a final dividend of 11.1p per share, to be approved at the 2022 AGM and to be paid on 9 February 2022 to shareholders on the register at the close of business on 7 January 2022 with an ex-dividend date of 6 January 2022.
Britvic PLC are to declare a final dividend of 17.7p
The Britvic PLC Board is declaring a final dividend of 17.7p per share with a total value of £47.3m, resulting in a full year dividend of 24.2p (£64.6m). This is in line with their stated 50% payout after adjusting EPS for the one-off deferred tax revaluation. The final dividend for 2021 will be paid on 2 February 2022 to shareholders on record as of 17 December 2021. The ex-dividend date is 16 December 2021.
Virgin Money PLC announce a final of 1.0pence per ordinary share
As announced in the Virgin Money UK PLC 2021 Annual Report and Accounts published on 24 November 2021, the directors of the Company have recommended a final ordinary dividend (the Final Dividend) in respect of the year ended 30 September 2021 of 1p per ordinary share in the Company (2020:nil).
Record PLC have announced an interim dividend increased by 56% to 1.80 pence per share
In line with the Record PLC Board's capital and dividend policy, the Group will pay an interim dividend of 1.80 pence per share in respect of the six-month period, equating to a distribution of £3.4 million, following which the business will retain cash and money market instruments on the balance sheet which are significantly in excess of financial resource requirements required for regulatory purposes.
Telecom Plus PLC announce an interim dividend maintained at 27p per share
Telecom PLUS have announced an interim dividend of 27.0p per share will be paid on 17 December 2021 to shareholders on the register at close of business on 3 December 2021. The estimated amount of this dividend to be paid is approximately £21.2m and, in accordance with IFRS accounting requirements, has not been recognised in these accounts.
Pets at Home Group PLC announce an interim dividend of 4.3p per share
The Pets at Home Group Board has recommended an interim dividend of 4.3 pence per share, an increase of 72% on the prior year. The interim dividend will be payable on 7 January 2022 to shareholders on the register at the close of trading on 3 December 2021.
Severn Trent PLC announce an interim dividend of 40.86 pence
The Severn Trent PLC Board has declared an interim ordinary dividend of 40.86p per share (2020/21: 40.63p per share), which will be paid on 7 January 2022 to shareholders on the register at 3 December 2021.
Compass Group PLC have announced a final dividend of 14.0 pence per share
It has been proposed by the Compass Group PLC Board that a final dividend of 14.0 pence per share be paid on 28 February 2022 to shareholders on the register on 21 January 2022. No interim dividend was paid and no dividends were paid in respect of the prior year. The dividend is covered 2.1 times on an underlying earnings basis.
Trifast PLC have declared an interim dividend of 0.70p
Trifast PLC have declared an interim dividend of 0.70p (HY2021: nil) which will be paid on 14 April 2022 to members on the register as at 18 March 2022.
Cranswick PLC have announced an interim dividend increased by 7.0% to 20.0p
Cranswick PLC announce an interim dividend is being increased by 7.0% to 20.0p per share from 18.7p per share previously. The interim dividend will be paid on 28 January 2022 to Shareholders on the register at the close of business on 17 December 2021. Shareholders will again have the option to receive the dividend by way of a scrip issue.
Helical PLC announce an interim dividend of 2.90p per share
Helical PLC have announced an interim dividend of 2.90 pence per share (30 September 2020: 2.70p per share) which was approved by the Board on 23 November 2021 and will be paid on 31 December 2021 to Shareholders on the register on 3 December 2021. This interim dividend, amounting to £3,547,000, has not been included as a liability as at 30 September 2021.
Appreciate Group PLC have announce a proposed interim dividend of 0.6p
The Appreciate Group PLC Board has declared an interim dividend of 0.6p per share, an increase of 50% on last year (H1 FY2021 0.4p). The dividend will be paid on 6 April 2022 to shareholders on the register on 25 February 2022, with an ex-dividend date of 24 February 2022. Appreciate Group's dividend policy seeks to reflect the Group's strong underlying cash flow and profit generation, whilst retaining sufficient capital to fund investment in the business.
Severfield PLC have announced an interim dividend increased by 9% to 1.2p per share
The Severfield PLC directors have declared an interim dividend in respect of the six months ended 30 September 2021 of 1.2p per share (2020: 1.1p per share) which will amount to an estimated dividend payment of £3,710,000 (2020: £3,372,000). This dividend is not reflected in the balance sheet as it was declared and will be paid after the balance sheet date.
Diploma PLC announce a final dividend of 30.1p
The Diploma PLC Board has a progressive dividend policy that aims to increase the dividend each year, broadly in line with growth in adjusted EPS. The combination of strong results and free cash generation, supported by a robust balance sheet, has led the Board to recommend a 51% increase in the final dividend to 30.1p (2020: 20.0p) taking the total dividend for the year to 42.6p (2020: 30.0p). This represents dividend cover of 2.0x, in-line with their model. Subject to shareholder approval at the Annual General Meeting ("AGM"), this dividend will be paid on 4 February 2022 to shareholders on the register at 21 January 2022.
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