Recent articles for private investors with a focus on dividend announcements

Synthomer PLC final 2020 dividend of 8.6 pence in line with Group's dividend policy
Following the reintroduction of the 2020 interim dividend the Synthomer Board has recommended a final ordinary dividend of 8.6p (2019: nil p) per share. Taken with the 2020 interim ordinary dividend of 3.0p (2019: 4.0p) per share, the total ordinary dividend is 11.6p (2019: 4.0p). The total dividend for the year is in line with the Group's dividend policy with the dividend representing 40% of the Underlying earnings per share. The final dividend per share is subject to shareholder approval at the Annual General Meeting on 29 April 2021 and will be payable on 5 July 2021 to those shareholders registered at the close of business on 3 June 2021.

Vistry PLC announce a resumed final dividend of 20pence per share
The Vistry Board confirms the resumption of dividend payments with a 20 pence per share final dividend proposed in respect of 2020. Going forward the group is targeting to maintain a strong balance sheet while operating with a progressive dividend policy which allows the Group to move towards a 1.75x dividend cover over time.

Schroders PLC announce final dividend of 79pence per share
The Schroders Board continues to maintain a robust capital position. Accordingly, and reflecting resilient financial performance, the Board will recommend to shareholders a final dividend of 79.0 pence (2019: 79.0 pence), which is unchanged from 2019. This will bring the total dividend for the year to 114.0 pence (2019: 114.0 pence). The final dividend will be paid on 6 May 2021 to shareholders on the register at 26 March 2021.

Vesuvius PLC announce a final dividend of 14.3pence per share
The Board Vesuvius has recommended a final dividend of 14.3 pence, bringing the total dividend for the year to 17.4 pence per share (2019: 6.2 pence per share, following the cancellation of the 14.3p proposed final 2019 dividend).

LondonMetric Property announces third quarterly interim dividend of 2.1 pence per share
LondonMetric Property Plc ("LondonMetric") today declares its third quarterly interim dividend of 2.1 pence per Ordinary Share ("Dividend"), which is a 5% increase on the previous year's third quarterly dividend.

Admiral Group announces a proposed final dividend of 86.0 pence per share
The Admiral Group Board has proposed a final dividend of 86.0 pence per share (2019: 77.0 pence per share, including the special dividend which was deferred and subsequently paid alongside the 2020 interim dividend) representing a normal dividend (65% of post-tax profits) of 63.6 pence per share and a special dividend of 22.4 pence per share. The dividend will be paid on 4 June 2021. The ex-dividend date is 6 May 2021 and the record date is 7 May 2021.

Galliford Try PLC announce a resumption of dividend under a new and enhanced dividend policy, with an interim dividend of 1.2p per share declared
The Galliford Try Board recognises the importance of dividends to shareholders, and in formulating its dividend policy has taken into account the Group's return to profitability, its strong balance sheet and high quality order book as well as its longer term prospects.

Hansard Global proposes an interim of 1.8pence per share
Taking into account the current financial position and future outlook, the Hansard Gobal Board has resolved to maintain its interim dividend at 1.8p per share (H1 2020: 1.8p per share). This will be paid on 20 April 2021 with an ex-dividend date of 11 March 2021.

Morgan Advanced Materials announce a in a dividend of 3.5 pence per share
The Morgan Advanced Materials Board is recommending a final dividend, subject to shareholder approval, of 3.5 pence per share on the Ordinary share capital of the Group, payable on 21 May 2021 to Ordinary shareholders on the register at the close of business on 30 April 2021. The ex-dividend date is 29 April 2021.

Prudential PLC announce final dividend of 10.73 US cents
Prudential plc ("Prudential") has today announced its 2020 second interim dividend of 10.73 US cents per ordinary share.

Avast PLC announce a total dividend for the year of 16.0 US cents per share, up 8.8%
The Avast PLC Directors propose to pay a final dividend of 11.2 cents per share in respect of the year ending 31 December 2020 (payment of $115.3m). Combined with the interim dividend of 4.8 cents per share paid in October 2020 (payment of $49.3m), this gives a total dividend for the financial year of 16.0 cents (total payment of $164.6m), which represents 40% of the Group's levered free cash flow for the period, in accordance with the Company's dividend policy. Subject to shareholder approval, the final dividend will be paid in USD on 18 June 2021 to shareholders on the register on 14 May 2021. There will be an option for shareholders to elect to receive the dividend in pounds sterling and such an election should be made no later than 28 May 2021. The foreign exchange rate at which dividends declared in US dollars will be converted into pounds sterling will be calculated based on the average exchange rate over the five business days prior to 3 June 2021 and announced shortly thereafter.

Nichols PLC announce final dividend of 8.8p
In March 2020, the Nichols PLC Board made the decision to withdraw the final dividend (28.0p) for 2019, due to the uncertainties concerning the financial impact of Covid-19. At the half year, the Board agreed the rebalancing of dividend policy to consider the two financial years 2019 and 2020 as a single review period and paid 28.0p, as the Interim Dividend for 2020, in September 2020.

Vivo Energy PLC announce a recommended final dividend of 3.8 cents per share, in line with the full year dividend proposed for 2019
Due to the positive performance continuing in Q4, the Vivo Energy Board has recommended a final dividend of 3.8 cents per share ($48 million) in respect of 2020. This is in line with stated progressive dividend policy and equal to the proposed 2019 full year dividend of 3.8 cents, despite the impacts of COVID-19 on the business during the year. If approved at the AGM, the final dividend will be paid to shareholders on 25 June 2021.

Polymental International announce a final dividend of 0.89 US cent per share
In view of the strong balance sheet and underlying business performance in 2020, the Polymetal International Board has proposed a final dividend of US$ 0.89 per share (approx. US$ 419 million), which includes US$ 0.74 per share representing 50% of underlying net earnings for the 2H 2020 and a discretionary payment of US$ 0.15 per share adjusting the total dividend for 2020 for 100% of free cash flow for the FY 2020, in accordance with Polymetal's revised dividend policy. This will bring the total dividend declared for FY 2020 to US$ 608 million (2019: US$ 385 million), which represents US$ 1.29 per share, up 57% compared to US$ 0.82 per share in 2019.

Persimmon announces dividends of 40p (£127.5m) and 70p (£223.2m) per share paid on 14 September and 14 December 2020 respectively
The Persimmon Directors propose to return 125 pence of surplus capital to shareholders for each ordinary share held on the register on 12 March 2021 with payment made on 26 March 2021 as an interim dividend in respect of the financial year ended 31 December 2020. The Directors propose two further additional distributions relating to surplus capital returns of 55 pence per share each as interim dividends with respect to the financial year ended 31 December 2020. These distributions to shareholders are anticipated to be made in August 2021 and in December 2021. Both additional distributions of surplus capital will be subject to continuous Board assessment. The total anticipated distributions to shareholders is therefore 235 pence per share (2019: 110 pence per share) in respect of the financial year ended 31 December 2020.

Devro PLC announce a proposed final dividend of 6.3p and a total dividend of 9.0p
The Devro Board is proposing a final dividend of 6.3p per share (2019: 6.3p) bringing the total for the year to 9.0p per share (2019: 9.0p). Subject to shareholder approval at the Annual General Meeting in April, the dividend will be paid on 1 October 2021, to those shareholders on the register at 20 August 2021.

Roktork PLC announce a full year dividend of 6.3p per share
The Rotork PLC Board recommends a full year dividend of 6.3p per share for 2020, an increase of 1.6% from the 2019 full year dividend. This is equivalent to 2.0 times cover based on adjusted earnings per share (2019: 2.1 times). The full year dividend will be payable on 21 May 2021 to shareholders on the register on 9 April 2021.

APAX Global Alpha announce 5.28pence per share final dividend
APAX Global announce a final dividend of 5.28p per share declared for the full year 2020, in line with AGA's stated dividend policy of distributing 5% of NAV per annum.

XP Power announce a final dividend of 36pence per share
XP power announce a proposed final dividend for 2020 of 36 pence per share (2019: nil due to COVID-19 uncertainty). Total dividend for 2020 74 pence per share (2019: 55 pence per share).

MAN Group announce a recommended final dividend of 5.7 cents per share bringing the total dividend for 2020 to 10.6 cents per share, an increase of 8%
The MAN Group Board confirms that it will recommend a final dividend of 5.7 cents per share for the financial year to 31 December 2020, giving a total dividend of 10.6 cents per share for the year.

Robert Walters PLC announces a final dividend of 11pence per share
Robert Walters announces a reinstatement of dividend payments in November 2020 with interim dividend of 4.5p per share. Proposed final dividend of 11.0p per share (2019: 11.0p per share declared, subsequently cancelled).

RIT Capital announce dividend of 17.625pence per share
RIT Capital have paid a final interim dividend of 17.5 pence per share in October, providing shareholders with a total dividend in 2020 of 35 pence per share. For 2021, they are intending to pay a dividend of 35.25 pence per share, an increase of 0.7% over the previous year, slightly above inflation. This will be paid in two equal instalments in April and October. Supported by significant reserves, policy remains to maintain or increase the annual dividend, as long as it does not come into conflict with a Company's core objective of capital preservation.

Intertek Group have announced a final dividend of 71.16pence per share
The Intertek Group Directors will propose a final dividend of 71.6p per share (2019: 71.6p) at the Annual General Meeting on 26 May 2021, to be paid on 18 June 2021 to shareholders on the register at close of business on 28 May 2021.

Aggreko announce a proposed final dividend of 10.00 pence per share
In line with steps taken to preserve the Group's cash position through the COVID-19 pandemic, the Aggreko Board withdrew its recommendation to pay the 2019 final dividend at its AGM in April 2020 and will not be revisiting this decision. The Board is proposing a final dividend for 2020 of 10.00 pence (2019: nil). This will result in a full year dividend of 15.00 pence (2019: interim dividend of 9.38 pence) per Ordinary Share, giving dividend cover (basic EPS pre-exceptional items divided by the full year proposed dividend) of 1.5 times. This dividend proposal reflects the Board's confidence in the outlook for the business, together with the Group's strong cash flow performance and financial position. Retained earnings of the Company as at 31 December 2020 were £387 million and the majority of these earnings are distributable.

Reach PLC announce final dividend of 4.26 pence per share
After consideration, in light of the uncertainty around the COVID-19 pandemic, the Reach PLC Board announced on 6 April 2020 that it would no longer propose a final dividend for the financial year ending 2019.

Bunzl PLC announce 28 year track record of consecutive dividend per share growth continuing with a 7.0% increase in the final dividend
The Bunzl Board is recommending a final dividend of 38.3p, 7.0% higher than the prior year, resulting in a full year dividend of 54.1p. This represents a 5.5% increase compared to the 2019 total dividend, and Bunzl's 28th consecutive year of dividend growth, with the Group remaining committed to ensuring sustainable dividend growth. With the Annual General Meeting held on 15 April 2020, during the heightened period of uncertainty in the early days of the pandemic, the final dividend for the year ended 31 December 2019 was no longer proposed by the Board at that meeting. However, following a better than expected trading performance, the Board decided to reinstate the final dividend for the year ended 31 December 2019 at the same level as originally proposed through the payment of an additional interim dividend for the year ended December 2019 which was paid on 16 November 2020.

IMI PLC announces a 15pence per share final dividend
Reflecting a decision to reset dividend cover to a level that enables IMI to more effectively deliver on its long-term growth ambitions, the IMI PLC Board is recommending a final dividend of 15.0p (2019: 26.2p) making a total dividend for the year of 22.5p, a decrease versus last year's 41.1p.

Rightmove PLC announces final dividend at 4.5pence per share
The Rightmove Board is confident in their ability to deliver sustainable returns to shareholders and is recommending a final dividend of 4.5p per share for 2020 (2019: 4.4p cancelled). The final dividend will be paid, subject to shareholder approval, on 28 May 2021. The Board has also approved the resumption of our share buyback programme in March 2021, confirming the resilience of the Rightmove business model and a commitment to returning free cash to shareholders.

Jupiter Fund Management announces a ordinary dividend held at 17.1 pence per share and a special dividend of 3.0 pence per share proposed
The Jupiter Fund Management Board has proposed an unchanged full-year ordinary dividend for the year of 9.2 pence per share. This results in a total ordinary dividend for the year of 17.1 pence, unchanged from 2019, representing an ordinary dividend pay-out ratio of 60% of underlying EPS.

Regional REIT to pay dividend of 1.50 pence per share
As previously indicated Regional REIT will pay a dividend of 1.50 pence per share ("pps") for the period 1 October 2020 to 31 December 2020 (1 October 2019 to 31 December 2019: 1.90pps), which amounts to a total dividend of 6.4pps for 2020. The dividend payment will be made on 9 April 2021 to shareholders on the register as at 5 March 2021. The ex-dividend date will be 4 March 2021. The entire dividend will be paid as a REIT property income distribution ("PID").

Standard Chartered announce a proposed final 2020 ordinary dividend of $284m or 9c per share
The Standard Chartered Board is recommending the payment of a full-year ordinary dividend of $284 million or 9 cents per share.

Grafton Group plc announce a final dividend of 14.5pence per share
On 24 March 2020, Grafton Group announced that, as a precautionary measure to preserve liquidity in light of Covid-19, it was suspending the second interim dividend for 2019 of 12.5p per share, which was due to be paid on 6 April 2020. On 21 January 2021, the Group announced the reinstatement of this dividend and it was paid on 19 February 2021 in the amount of £29.9 million.

Spectris PLC announce an increased dividend of 5% for the full year at 46.5p and £200 million share buyback programme announced
The Spectris Board is proposing to pay a final dividend of 46.5 pence per share. This would represent a 7.6% increase on the declared 2019 final dividend, which was postponed. The Group paid an additional interim dividend of 43.2 pence in October and the 2020 interim dividend of 21.9 pence in November. Although the Group took a short-term decision to defer the 2019 final dividend in response to the uncertainty caused by COVID-19, there is no change to their underlying policy of making progressive dividend payments based upon affordability and sustainability. The dividend will be paid on 30 June to shareholders on the register at the close of business on 14 May. The ex-dividend date is 13 May.

Serco PLC announces a restart to dividend payments with a dividend of 1.4pence
The Serco Group PLC Board recommends restarting dividends, last paid to Serco shareholders in 2014, with a payment of 1.4p in respect of the 2020 financial year.

Evraz PLC announces an interim dividend of 30c
An interim dividend of US$437.1 million (US$0.30 per share) has been declared by Evraz, reflecting the Board's confidence in the Group's financial position and outlook.

Virtec PLC announce they are resuming dividend payments with a proposed final dividend of 4.5p per share
The Vitec Board recommends the resumption of dividends. A total dividend of 4.5 pence per share amounting to £2.1 million (2019: 12.3 pence per share, amounting to £5.6 million), subject to shareholder approval at the 2021 Annual General Meeting, will be paid on Friday, 14 May 2021 to shareholders on the register at the close of business on Friday, 23 April 2021. The Board's objective is for a growing and sustainable dividend and believes it is appropriate for the Group to target a future dividend cover of 2.0-2.5 times underlying EPS, subject inter alia to maintaining a strong financial position.

BAE Systems announce a final dividend of 14.3p
The BAE Systems Board has recommended a final dividend of 14.3p for a total of 23.7p in respect of the year ending 31 December 2020. The total of 37.5p per share for the year includes an interim dividend of 13.8p per share in respect of the year ended 31 December 2019, which was originally proposed as a 2019 final dividend but subsequently deferred in the light of the COVID-19 pandemic. Subject to shareholder approval at the 2021 Annual General Meeting, the dividend will be paid on 1 June 2021 to holders of ordinary shares registered on 23 April 2021.

St. James's Place PLC announce a proposed final dividend of 38.49 pence per share; full year dividend of 38.49 pence per share
The St. James's Place Board is proposing a final dividend of 38.49 pence per share to be paid, subject to approval of shareholders at our AGM, on 21 May 2021 to shareholders on the register at the close of business on 16 April 2021. A Dividend Reinvestment Plan continues to be available for shareholders.

Inchcape dividend of 6.9p proposed for the year
The Inchcape Board recommends a final ordinary dividend of 6.9p per ordinary share which is subject to the approval of shareholders at the 2021 Annual General Meeting. In reaching its decision, the Board has taken into account the extraordinary circumstances that the business endured during the year, and a broad range of stakeholder perspectives. If approved, the dividend will be paid on 21 June 2021 to all shareholders on the register on 14 May 2021.

Mondi PLC announce a recommended full year dividend of 60.0 euro cents per share, up 5%
The Mondi PLC Board aims to offer shareholders long-term ordinary dividend growth within a targeted dividend cover range of two to three times on average over the cycle, although the payout ratio in each year may vary in accordance with the business cycle.

Genus announces an interim dividend of 10.3pence per share
On 24 February 2021, the Genus PLC Directors proposed an interim dividend of 10.3 pence per share payable on 1 April 2021.

Berkeley Group Holdings announces an interim dividend of 9.13pence per share
The Directors of the Berkeley Group are to announce that an interim dividend of 9.13 pence per share will be paid on 19 March 2021 to shareholders on the Company's register of members at close of business on 5 March 2021. The ex-dividend date is 4 March 2021.

DRAX Group announces a proposed final dividend of 10.3 pence per share
The DRAX Group Board proposes to pay a final dividend in respect of 2020 of £41 million, equivalent to 10.3 pence per share, making the full year 2020 dividend £68 million (17.1 pence per share) (2019: £63 million, 15.6 pence per share). This represents a 7.5% increase on 2019 and is consistent with their policy to pay a dividend which is sustainable and expected to grow as the strategy delivers stable earnings, strong cash flows and opportunities for growth.

Anglo American announce a final dividend of 72c per share
In line with the Group's established dividend policy to pay out 40% of underlying earnings, the Board has proposed a dividend of $0.72 per share (2019: $0.47 per share), bringing the total dividends paid and proposed in respect of 2020 to $1.00 per share (2019: $1.09 per share).

Ricardo plc announce an interim dividend of 1.75
The Ricardo PLC Board has declared an interim dividend of 1.75p per share (HY 2019/20: 6.24p), which reflects the Board's desire to return to paying dividends to shareholders, balanced with the speed and shape of the economic recovery as we emerge from the impact of COVID-19. The dividend will be paid on 9 April 2021 to holders of ordinary shares on the company's register of members on 5 March 2021.

Hikma Pharmaceticals announce a full year dividend of 50 cents per share, up from 44 cents per share in 2019
The Hikma Pharmaceticals Board is recommending a final dividend of 34 cents per share (approximately 24 pence per share) (2019: 30 cents per share) bringing the total dividend for the full year to 50 cents per share (approximately 36 pence per share) (2019: 44 cents per share). The proposed dividend will be paid on 26 April 2021 to eligible shareholders on the register at the close of business on 19 March 2021, subject to approval at the Annual General Meeting on 23 April 2021.

Morgan Sindall announce a final dividend of 40p per share resulting in total dividend for the year of 61p per share
In light of the economic uncertainty brought about by C-19, the Morgan Sindall Board announced in March that it had decided to cancel the final dividend for 2019. In November, based upon the performance of the business, the outlook for the year at that time and the strong cash position, the Board declared an interim dividend of 21.0p per share, which was paid in December.

Howden Joinery announce a final dividend of 9.1p recommended, giving a full year dividend of 13.0p per share
The Howden Joinery Group's unchanged dividend policy is to target a dividend cover of between 2.5x and 3.0x, with one third of the previous year's dividend being paid as an interim dividend each year.As a result, the Board will recommend to shareholders a 2020 final dividend of 9.1p per ordinary share, equating to a dividend cover of 2.7 times. In addition, the Board has decided that the Group will pay a special dividend of 9.1p per ordinary share, equivalent to the cancelled 2019 final dividend.
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