Recent articles for private investors with a focus on dividend announcements
Glanbia PLC announces a recommended final dividend per share of 15.94 cent
Glanbia announces a total dividend maintained at 2019 levels representing a payout ratio of 36.1% ahead of target range of 25% to 35% due to strong cash flow. Recommended final dividend per share of 15.94 cent, total 2020 dividend 26.62 cent.
Town Centre Securities announces an interim dividend of 1.75p
An interim dividend of 1.75p per share (HY20 3.25p) will be paid by Town Centre Securities as a property income distribution and will amount to £0.9m. It will be paid on the 25 June 2021 to shareholders registered on 28 May 2021. The final dividend for 2020 of 1.75p was paid on the 5 January 2021.
Lloyds Bank announces a final ordinary dividend of 0.57 pence per share in accordance with regulatory guidelines
The Lloyds Board has recommended a final ordinary dividend of 0.57 pence per share, the maximum allowed under the regulator's guidelines (PRA guidelines)
Reckitt Benckiser Group announces a full Year dividend of 174.6p
The Reckitt Board announces a full Year Dividend of 174.6p in line with policy and guidance from February 2020
Clinigen Group PLC announces interim dividend of 2.15p
The Clinigen PLC Board is committed to a sustainable and progressive dividend policy and expects interim and final dividend payments to be split approximately one-third to two-thirds respectively.
Springfield Properties announces an interim dividend of 1.3p per share
The Springfield Properties Board is pleased to declare an interim dividend of 1.3p per share with an ex-dividend date of 4 March 2021, a record date of 5 March 2021 and a payment date of 25 March 2021
Dechra Pharmaceuticals announces interim dividend increased by 8.0% to 11.11 pence
The Dechra PLC Board to declare an interim dividend of 11.11 pence per share, which represents a growth of 8.0% on the prior period. The dividend will be payable on 7 April 2021 to shareholders on the Register at 5 March 2021. The ordinary shares will become ex-dividend on 4 March 2021.
Sylvinia Platinum plc announces final dividend of 1.6 pence per ordinary share
The Sylvinia PLC Board have declared a final dividend of 1.60 pence per ordinary share on 7 September 2020 with a record date of 30 October 2020 and payment date of 4 December 2020.
Tristel PLC announces an interim dividend of 2.62p per share, up 12%
TheTristel PLC Board is recommending an interim dividend of 2.62 pence (2019: 2.34 pence), an increase of 12%. The interim dividend will be paid on 30 April 2021 to shareholders on the register on 9 April 2021, with an ex-dividend date of 8 April 2021.
Segro PLC announces a 2020 full year dividend increased by 6.8 per cent to 22.1 pence
Segro PLc announces a 2020 full year dividend increased by 6.8 per cent to 22.1 pence (2019: 20.7 pence). Final dividend increased by 5.6 per cent to 15.2 pence (2019: 14.4 pence).
NatWest announces 3 pence proposed final dividend
The company announces that the directors have recommended a final dividend of £364 million, or 3p per ordinary share (2019 - nil), subject to shareholder approval at the Annual General Meeting on 28 April 2021.
Kingspan PLC announces final dividend of per share of 20.6 cent
The Kingspan PLC Board has proposed a final dividend of 20.6 cent per ordinary share payable on 7 May 2021 to shareholders registered on the record date of 26 March 2021. No interim dividend (2019: 13.0 cent) was declared during the year given the uncertain backdrop for much of 2020. The final dividend proposed for 2019 of 33.5 cent was subsequently cancelled in order to preserve cash at the outset of the pandemic. In summary, therefore, the total dividend for 2020 is 20.6 cent compared to 13.0 cent for 2019 (as adjusted for the cancellation).
South32 Limited have announced an interim dividend of 1.2 cents per share
South32 Limited (ASX, JSE, LSE: S32; ADR: SOUHY) (South32) announced that the Board has resolved to pay an interim dividend of US 1.4 cents per share (fully franked) for the half year ended 31 December 2020. The record date for determining entitlements to dividends is 12 March 2021; payment date is 8 April 2021.
Barclays PLC announces a resumed dividend payment
Barclays PLC is a holding company and its principal sources of income are, and are expected to continue to be, distributions (in the form of dividends and interest payments) from operating subsidiaries which also hold the principal assets of the Group. As a separate legal entity, Barclays PLC relies on such distributions in order to be able to meet its obligations as they fall due (including its payment obligations with respect to its debt securities) and to create distributable reserves for payment of dividends to ordinary shareholders.
Smith & Nephew announce a full Year 2020 dividend distribution of 37.5¢ per share, unchanged from 2019
The Smith and Nephew Board, having reflected upon the resilience of the business and the strength of their balance sheet, is recommending a Final Dividend of 23.1¢ per share (46.2¢ per ADS). 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 2019 and in line with their progressive dividend policy. Subject to confirmation at their Annual General Meeting, the Final Dividend will be paid on 12 May 2021 to shareholders on the register at the close of business on 6 April 2021.
MoneySupermarket announces a full year dividend maintained at 11.71p
The MoneySupermarket Board has recommended a final dividend of 8.61 pence per share (2019: 8.61p), making the proposed full year dividend 11.71 pence per share (2019: 11.71p). This reflects the ongoing strong cash generation of the business, strong balance sheet and the Board's confidence in the future prospects of the Group.
Hochschild announces a final proposed dividend of 2.335 cents per share
A proposed dividend in respect of the year ending 31 December 2020 of 2.335 US cents per share, amounting to a total dividend of US$12,000,000, is subject to approval at the Hochschild Annual General Meeting to be held on 21 May 2021 and is not recognised as a liability as at 31 December 2020.
The Hays plc Board intends to resume core dividends, with a single full-year payment based on 3x earnings cover
Hays plc Core dividends and capital return timetable: the Group's trading and cash generation have been considerably more resilient than our modelled scenarios at the time of their equity issuance. Accordingly, the Board intends to resume core dividends, with a single full-year payment based on 3x earnings cover, to be declared at their Prelims in August. Additionally, the Board has identified £150 million of surplus capital, which it intends to return to shareholders via special dividend, in two phases. Their expect to commence with a £100 million payment, declared at their FY21 Prelims.
Plus500 announces a final dividend of $55.6m (FY 2019: $40.6m), $0.5422 per share
Plus500 has continued to offer attractive returns for shareholders, returning since its IPO in 2013 a total of $1,196.4m to shareholders (of which $1,008.2m has been in cash dividends and $188.2m has been through share buybacks). This includes all dividends and the share buyback programmes in relation to FY 2020.
British American Tobacco plc have declared an interim dividend of 215.6p per ordinary share
The British American Tobacco Board has declared an interim dividend of 215.6p per ordinary share of 25p for the year ended 31 December 2020, payable in four equal quarterly instalments of 53.9p per ordinary share in May 2021, August 2021, November 2021 and February 2022. This represents an increase of 2.5% on 2019 (2019: 210.4p per share), and a pay-out ratio, on 2020 adjusted diluted earnings per share, of 65.0%.
BHP announces an interim dividend of $1.01 per share
The BHP plc Board has determined to pay an interim dividend of US$1.01 per share (or US$5.1 billion), equivalent to an 85% payout ratio on an underlying basis.
Redrow announces dividends reinstated with interim dividend of 6.0p per share (2020: Nil)
The Redriw plc Board has resumed dividend payments with an interim dividend of 6p (2020: 0p).
Lancashire Holdings announce a final dividend of $0.10 per common share
Lancashire Holdings announces that its Board of Directors has declared a final dividend for 2020 of $0.10 (approximately £0.08) per common share, subject to a shareholder vote of approval at the AGM to be held on 28 April 2021, which will result in an aggregate payment of approximately $24.4 million. On the basis that the final dividend is approved by shareholders at the AGM, the dividend will be paid in Pounds Sterling on 4 June 2021 (the “Dividend Payment Date”) to shareholders of record on 7 May 2021 (the “Record Date”) using the £ / $ spot market exchange rate at 12 noon London time on the Record Date.
Ashmore announces an interim dividend per share maintained at 4.80 pence
The Ashmore Board intends to pay a progressive ordinary dividend over time, taking into consideration factors such as the prospects for the Group's earnings, demands on the Group's financial resources, and the markets in which the Group operates.
Dunelm Group announces it is resuming dividends with an interim of 12.0 pence
The Dunelm Board has declared an interim dividend of 12 pence per share, recognising that no dividends were paid in respect of FY20. The amount of the final dividend will be decided in due course, considering the external environment at the time, together with an assessment of our balance sheet position. They remain committed to returning to their published capital and dividend policies over time, including returning any surplus cash to shareholders.
Smurfit Kappa announces a final dividend increased by 8% to 87.4 cent per share
The Smurfit Kappa Board is recommending a final dividend of 87.4 cent per share (approximately €226 million). It is proposed to pay this dividend on 7 May 2021 to all ordinary shareholders on the share register at the close of business on 9 April 2021, subject to the approval of the shareholders at the AGM.
Tesco special dividend and share consolidation February 2021
Tesco has declared a special dividend of 50.93 pence per share following their divestment of their Malay and Thai operations. The special is to be paid on February 26th to shareholders of record on February 12th (Friday).
The Micro Focus Board has elected to reinstate the dividend and recommend a final dividend of 15.5 cents per share
The Micro Focus board proposes a final dividend of 15.5 cents, taking total dividend per share to 15.5 cents for the period. The dividend will be paid in Pound Sterling equivalent to 11.3 pence per share, based on an exchange rate of £1 = $1.37, the rate applicable on 8 February 2021, the date on which the board resolved to propose the dividend. Subject to approval by shareholders, the dividend will be paid on 15 April 2021 to shareholders on the register at 12 March 2021.
St. Modwen plc announce a total dividend of 5.0 pence (2019: 3.6 pence), in line with the existing dividend policy
It has been announced by St. Modwen's, who have not cut their Dividend payments in the fiscal year 2020, that Dividends paid during the year were in respect of the interim dividend for 2020. The proposed final dividend of 3.9 pence per share is subject to approval at the Annual General Meeting and has not been included as a liability in these financial statements.
In light of the unprecedented circumstances related to Covid-19, the directors determined that it was not appropriate to pay the proposed final dividend for 2019 of 5.1 pence per share (amounting to £11.3m).
Other financial highlights include:
The Amino plc Board recommends a dividend of 1.87p per share
The Amino plc Board took the difficult decision to suspend the dividend in the light of the global pandemic and associated uncertainty. Their new dividend policy, to deliver returns to shareholders via growth and income, was announced in December and reflects the Company's growth ambitions. This policy of paying between 33-50% of adjusted EPS in dividend is expected to provide shareholders with a growing income stream whilst allowing the Company to invest in growth.
NNC Group announce an unchanged interim dividend of 1.5p per ordinary share
Dividends of £8.8m paid in the period (H1 2020: £8.8m) comprised the final dividend for 2020 of 3.15p. The NCC Group Board is declaring an unchanged interim dividend of 1.5p per ordinary share (H1 2020: 1.5p).
Unilever ividend maintained through the year and increased in the fourth quarter by 4% to €0.4268 per share
The Unilever Board has declared a quarterly interim dividend for Q4 2020 of £0.3760 per Unilever PLC ordinary share or €0.4268 per Unilever PLC ordinary share at the applicable exchange rate issued by WM/Reuters on 2 February 2021.
Alumasc Group announces an interim dividend of 3.25pence per share
An interim dividend of 3.25 pence per share is planned for payment in April 2021, reflecting the Alumasc Board's confidence in the underlying strength of the business and strategic growth opportunities available to it. This would be an increase from the 2.95 pence per share interim dividend that was planned for April 2020 but which was cancelled in light of the Pandemic's onset.
Renishaw announces an interim dividend of 14.0 pence per share
The Renishaw Board is reinstating the dividend programme and has approved an interim dividend of 14.0 pence net per share (2020: nil) which will be paid on 6 April 2021 to shareholders on the register on 5 March 2021.
Barratt plc to resume dividend payments with an interim dividend of 7.5 pence per share and continues to target a full year dividend cover of 2.5 times
After what has been an unprecedented and challenging period, Barratt business has demonstrated its operational strength and financial resilience. Disciplined operating framework and the speed of management decision making and actions, both at the start of the pandemic and thereafter, have delivered both a rapid and robust recovery and a further strengthened balance sheet.
IDox announce a final dividend of 0.3p per share declared, in line with the stated intention to restore dividend payments
The Idox Board has proposed a final dividend of 0.3p to be paid (2019: £Nil) for FY20 bringing the total for the year to 0.3p (2019: £Nil). The restoration of the dividend is in line with the Group's intention as stated in the FY19 results to introduce a final dividend in respect of FY20, taking into consideration the pace of recovery in business.
BP have announced a dividend of 5.25 cents per share for the quarter
BP today announced a quarterly dividend of 5.25 cents per ordinary share ($0.315 per ADS), which is expected to be paid on 26 March 2021. The corresponding amount in sterling is due to be announced on 15 March 2021, calculated based on the average of the market exchange rates for the four dealing days commencing on 9 March 2021.
NWF announces a maintained interim dividend
The NWF Board has approved an interim dividend per share of 1.0p (H1 2019: 1.0p). This will be paid on 5 May 2021 to shareholders on the register as at 19 March 2021. The shares will trade ex-dividend on 18 March 2021. The Group has a progressive dividend policy and has increased the annual dividend by approximately 5% in each of the last five years.
Porvair has announced a recommended final dividend of 3.3 pence bringing the full year dividend to 5.0 pence
The Porvair Board re-affirms its progressive dividend policy and recommends a final dividend of 3.3 pence per share, a cost of £1.5 million (2019: 3.2 pence per share, a cost of £1.5 million). The full year dividend increases by 2% to 5.0 pence per share, a cost of £2.3 million (2019: 4.9 pence per share, a cost of £2.2 million). The Company had £17.9 million (2019: £19.2 million) of distributable reserves at 30 November 2020.
Hargreaves Lansdown announces an interim dividend up 6% to 11.9 pence per share (H1 2020: 11.2p)
The Hargreaves Lansdown Board believes the Group has strong profitability, liquidity and a capital position to execute its strategy without financial constraint and to operate a sustainable and progressive ordinary dividend policy. They remain confident in our business model and the Board has declared a 6% rise in the interim dividend to 11.9 pence per share. The Board remains committed to paying special dividends when sufficient excess cash and capital exist after taking account of the Group's growth, investment and regulatory capital requirements at the time
Wynnstay plc announces a proposed final dividend of 10.00p (2019: 9.40p), taking total for the year to 14.60p (2019: 14.00p), a 4.3% rise
The Wynnstay Board is to propose a final dividend of 10.00p per share. Together with the interim dividend of 4.60p per share, paid on 31 October 2020, this takes the total dividend for the year to 14.60p, an increase of 4.3% on last year (2019: 14.00p).
Hargreaves Services announce an interim dividend reinstated at 2.7p
At the beginning of the coronavirus pandemic the Hargreaves Services Board took the decision to cancel the interim dividend as a precautionary measure against the potential financial impact of the virus. At the year end, the Board announced a final dividend, which demonstrated the cautious yet confident view of the Group's cashflows at the time. Since then, the Group has continued to trade resiliently and the Board has decided to reinstate an interim dividend of 2.7p (2019: nil p) per ordinary share. This will be paid on 6 April 2021 to shareholders on the register at 26 February 2021.
PZ Cussons announces an interim dividend maintained in line with last year at 2.67p per share
An interim dividend of 2.67p per share for the half year to 30 November 2020 (2019: 2.67p) has been declared by PZ Cussons, totalling £11.2 million (2019: £11.2 million) and is payable on 1 April 2021 to shareholders on the register at the close of business on 12 February 2021. This interim dividend has not been recognised in this half yearly report as it was declared after the end of the reporting period. The proposed final dividend for the year ended 31 May 2020 of 3.13p per share, totalling £13.1 million, was approved by shareholders at the Annual General Meeting of the Company and paid on 3 December 2020.
SThree announce a resumption of dividend payments with a final dividend proposed of 5.0 pence
Due to the prevailing uncertainty caused by the COVID-19 health crisis, the SThree Board did not propose to pay the 2020 interim dividend (2019: 5.1 pence).
IG Group announces an interim cash dividend of 12.96 pence per share
The IG Group Board intends to recommend an interim dividend of 12.96 pence per share. The dividend will be paid on 25 February 2021 to those shareholders on the register at the close of business on 29 January 2021.
Watkin Jones announces a full-year final dividend of 7.35 pence per share
On 1 April 2020, Watkin Jonwa announced the temporary suspension of dividend payments. The Board did not therefore declare an interim dividend in FY20. However, in light of the Group's performance and strong cash position, they have resumed thge previous dividend policy of paying a dividend 2.0x covered by adjusted earnings. The Board is therefore proposing a full-year dividend of 7.35 pence per share, which will be paid on 26 February 2021 to shareholders on the register on 29 January 2021.
Safestore announces a 5.8% increase in the final dividend to 12.7 pence, giving a total for the year of 18.6 pence
Reflecting the Group's strong trading performance, the Board is to recommend a 5.8% increase in the final dividend to 12.7 pence per share (FY2019: 12.0 pence per share) resulting in an increase of 6.3% in the total dividend to 18.6 pence per share for the year (FY2019: 17.5 pence per share). The total dividend for the year is covered 1.62 times by Adjusted EPRA diluted earnings (1.63 times in 2019). The Group's dividend has increased by 223% in the last seven years, during which period the Group has returned to shareholders a total of 95.1 pence per share. Shareholders will be asked to approve the dividend at the Company's Annual General Meeting on 17 March 2021 and, if approved, the final dividend will be payable on 8 April 2021 to Shareholders on the register at close of business on 5 March 2021
Integrafin plc have declared an interim dividend of 5.6 pence per ordinary share
The Integrafin Directors have declared an interim dividend of 5.6 pence per ordinary share, taking the total dividend for the year to 8.3p per share (2019: 7.8 pence per ordinary share).The dividend is payable on 22 January 2021 to ordinary shareholders on the register on 29 December 2020. The ex-dividend date will be 24 December 2020.
Chemring Group plc is recommending a final dividend of 2.6p
The Chemring Board is recommending a final dividend in respect of the year ended 31 October 2020 of 2.6p (2019: 2.4p) per ordinary share. With the interim dividend of 1.3p per share (2019: 1.2p), this results in a total dividend of 3.9p (2019: 3.6p) per share.
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