Recent articles for private investors with a focus on dividend announcements
Clinigen Group plc have increased their interim dividend by 10% to 2.15p
The Clinigen Group 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.
Morgan Advanced Materials announce a maintained dividend of 11.0p per share
The Morgan Advanced Materials Board is recommending a final dividend, subject to shareholder approval, of 7.0 pence per share on the Ordinary share capital of the Group, payable on 22 May 2020 to Ordinary shareholders on the register at the close of business on 1 May 2020.
Croda International plc announce full year dividend increased by 3.4% to 90.0 pence
The Croda International Directors are recommending a final dividend of 50.5p per share amounting to a total of £65.0m in respect of the financial year ended 31 December 2019. Subject to shareholder approval, the dividend will be paid on 28 May 2020 to shareholders registered on 17 April 2020. The total proposed dividend for the year ended 31 December 2019 will be 90.0p per share amounting to £115.7m.
Dechra announce an interim dividend increased by 8.3% to 10.29 pence
The Dechera Pharmaceuticals Board has declared an interim dividend of 10.29 pence per share, which represents a growth of 8.3% compared to the prior year. The dividend will be payable on 8 April 2020 to shareholders on the Register at 6 March 2020. The ordinary shares will become ex-dividend on 5 March 2020.
Bunzl confirm 27 year track record of dividend growth continues with a 2.2% increase in the dividend for the year
The Bunzl Board is recommending a final dividend of 35.8p. This brings the total dividend for the year to 51.3p, up 2.2% compared to 2018.
Ascential announce a recommended final dividend of 4.0p, making a total dividend of 5.8p for the year
Ascential announce a recommended final dividend of 4.0p, making a total dividend of 5.8p for the year (2018: 5.8p) with the prior year benefiting from earnings from discontinued operations.
Pearson have proposed a final dividend of 13.5p, an increase of 4%, which equates to a full year dividend of 19.5p.
Pearson plc are proposing a final dividend for 2019 of 13.5p bringing the total paid and payable in respect of 2019 to 19.5p. This final 2019 dividend which was approved by the Board in February 2020, is subject to approval at the forthcoming AGM and will be charged against 2020 profits. For 2019, the dividend is covered 3.0 times by adjusted earnings.
The Rathbone Brothers Board recommends a final dividend of 45p for 2019, making a total of 70p for the year, an increase of 6.1% on 2018
In light of the results for the year, the Rathbone Brothers Board has proposed a final dividend for 2019 of 45.0p. This results in a full year dividend of 70.0p, an increase of 4.0p on 2018 (6.1%). The proposed full year dividend is covered 0.7 times by basic earnings and 1.9 times by underlying earnings.
MoneySupermarket announce a full year dividend increased by 6% reflecting a progressive dividend policy
The MoneySupermarket Board has recommended a final dividend of 8.61 pence per share (2018: 8.10p), making the proposed full-year dividend 11.71 pence per share (2018: 11.05 pence per share) and reflecting their progressive dividend policy. The final dividend will be paid on 14 May 2020 to shareholders on the register on 2 April 2020, subject to approval by shareholders at the Annual General Meeting to be held on 9 May 2020.
Kaz Minerals have announced a final dividend of 8 US cents per ordinary share to be recommended
Taking into account the performance of the Group's producing assets in 2019 and the outlook for 2020, the Kaz Minerals Board has recommended a final dividend of 8.0 US cents per share. Combined with the interim dividend of 4.0 US cents per share, the dividend in respect of the 2019 financial year is 12.0 US cents per share.
Morgan Sindall Group announce a total dividend up 11% to 59.0p per share
Morgan Sindall announces their total dividend for the year has been increased by 11% to 59.0p per share (FY 2018: 53.0p), which includes a proposed increase in the final dividend of 12% to 38.0p per share (FY 2018: 34.0p), reflecting the improved result in the year, the strong balance sheet and the Board's confidence in the future prospects of the Group. The total dividend per share is 2.7 times covered by adjusted earnings per share.
Smith & Nephew announce full year dividend up 4% to 37.5¢ per share
The Smith & Nephew Board has announced they plan to recommend a Final Dividend of 23.1¢ per share (46.2¢ per ADS). Together with an 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) for 2019, representing year-on-year growth of 4% in the declared full year dividend. The Final Dividend will be paid on 6 May 2020 to shareholders on the register at the close of business on 3 April 2020.
Hays have announced an interim dividend which is flat at 1.11p, in line with their dividend policy
In line with their policy, the Board is maintaining the interim core dividend at 1.11p per share (2018: 1.11p). The interim dividend payment date will be 9 April 2020 and the ex-dividend date is 5 March 2020 (record date 6 March 2020).
Anglo American have proposed a final dividend of $0.47 per share, consistent with their 40% payout policy
In line with the Anglo American Group's established dividend policy to pay out 40% of underlying earnings, the Board has proposed a dividend of $0.47 per share, bringing the total dividends paid and proposed in respect of 2019 to $1.09 per share (2018: $1.00 per share).
Lloyds Banking Group announce a total ordinary dividend of 3.37 pence per share, up 5 per cent
The Group is strongly capital generative, although this has been impacted by PPI in 2019. Given a strong capital position at the year end, the Lloyds Banking Board has recommended a final ordinary dividend of 2.25 pence per share, bringing the total ordinary dividend for the year to 3.37 pence per share. This represents an increase of 5 per cent on 2018 and is in line with their progressive and sustainable ordinary dividend policy. The Group's capital position remains strong with a pro forma CET1 ratio of 13.8 per cent after allowing for ordinary dividends.
BAE Systems announce a final dividend of 13.8p making a total of 23.2p per share for the year, an increase of 4.5% over 2018
The BAE Systems Board has recommended a final dividend of 13.8p for a total of 23.2p for the full year. Subject to shareholder approval at the May 2020 Annual General Meeting, the dividend will be paid on 1 June 2020 to holders of ordinary shares registered on 17 April 2020.
Spectris announce a dividend per share increase of 6.7%
The Spectris Board is proposing to pay a final dividend of 43.2 pence per share which, combined with the interim dividend of 21.9 pence, gives a total of 65.1 pence per share for the year, an increase of 6.7%. This is consistent with their policy of making progressive dividend payments based upon affordability and sustainability and represents the 30th year in succession of dividend growth. The dividend will be paid on 22 June 2020 to shareholders on the register at the close of business on 22 May 2020. The ex-dividend date is 26 May 2020.
The BHP Board has determined to pay an interim dividend of 65 US cents per share (US$3.3 billion)
The BHP Board has determined to pay an additional amount of 14 US cents per share or US$0.7 billion, taking the interim dividend to 65 US cents per share or US$3.3 billion. This is the second highest ordinary dividend announced and is equivalent to a 63 per cent payout ratio (31 December 2018: 75 per cent).
Hochschild Mining announce a final proposed dividend up 19% at 2.335 cents per share
Final proposed dividend up 19% at 2.335 cents per share ($12.0 million) bringing the full-year total dividend to $22.2 million (2018: $20.0 million)
RPS Group announce a proposed final dividend of 2.00p, down from 5.08p
RPS Group have announced a proposed final dividend of 2.00p (FY 2018: 5.08p) providing full year dividend of 4.42p (FY 2018: 9.88p). This follows the rebasing of the dividend announced at H1 2019 and reflects the stated new, sustainable dividend policy of paying out 40% of adjusted earnings.
HSBC announce an unchanged dividend of $0.51 for 2019
The HSBC Board has announced that the Group's capital strength, has given the Board the confidence to approve an unchanged dividend of $0.51 for 2019.
Beazley plc announce second interim dividend of 8.2p, taking full year dividends for the year to 12.3p.
The Beazley board announces a second interim dividend of 8.2p per ordinary share, in line with their strategy of delivering 5-10% dividend growth. Together with the first interim dividend of 4.1p this takes the total dividends declared for 2019 to 12.3p per ordinary share (2018: first interim dividend of 3.9p plus a second interim dividend of 7.8p, totalling 11.7p).
Target Healthcare announces second interim dividend of 1.67p per share
Target Healthcare announce a second interim dividend of 1.67 pence per share declared for the year ending 30 June 2020, representing an increase of 1.5% on the 2019 quarterly dividends. On an annualised basis, this reflects a payment of 6.68 pence per share and a dividend yield of 5.5% based on the closing share price of 122.5 pence on 5 February 2020.
Ashmore Group have announced their interim dividend per share has been increased 5% to 4.80 pence
The Ashmore plc 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.
Barratt Developments Group announce interim dividend off 9.8p per share
Barratt Developments have a defined dividend policy with the Group paying an ordinary dividend cover of 2.5 times. They have previously announced that when market conditions allow, ordinary dividends will be supplemented with special returns. As previously announced the Board intends to pay a special return of £175m in November 2020. Demonstrating the Board's confidence in the business going forward, it now proposes to pay a further special return of £175m in November 2021.
Smurfit Kappa announce a final dividend increased by 12% to 80.9 cent per share
The Smurfit Kappa Board is recommending a final dividend of 80.9 cent per share, a 12% increase year-on-year. It is proposed to pay the final dividend on 15 May 2020 to shareholders registered at the close of business on 17 April 2020.
Redrow plc announce an interim dividend of 10.5p per share, up 5%
Redrow have declared an interim dividend of 10.5p, up 5% on the previous year. A dividend of £72m was paid in the six months to 31 December 2019 (six months to 31 December 2018: £70m).
Alumasc Group plc announce their interim dividend is being maintained at 2.95 pence per share
The Alumasc Group plc Board has decided to declare an unchanged interim dividend of 2.95 pence per share to be paid on 7 April to shareholders on the register on 6 March.
St. Modwen Properties announce a total dividend for the year up 22.5% to 8.7 pence due to strong growth in earnings.
The St. Modwen Properties dividend policy is aligned to cash profitability and they intend to pay a dividend equivalent to c. 50% of adjusted EPRA EPS per year. Reflecting this, they will pay a final dividend of 5.1 pence per share, to be paid on 3 April 2020 to shareholders on the register as at 6 March 2020. This brings the total dividend for the year to 8.7 pence, marking an increase of 22.5% versus last year (2018: 7.1 pence).NAV per share up 3.0% to 484.2 pence (2018: 470.2 pence) despite 7.8 pence exceptional provision.
Micro Focus announce final dividend per share of 58.33 cents taking total dividend for the 12 months ended 31 October 2019 to 116.66 cents
Micro Focus proposes a final dividend of 58.33 cents, taking total dividend per share to 116.66 cents for the period. The Group's dividend policy remains unchanged at two times covered by the adjusted earnings of the company, of which one third will be paid as interim and two thirds as final.
GCP Student Living announce first interim dividend of 1.58p per share
The GCP Student Living Board has announced a first interim dividend of 1.58 pence per ordinary share, in respect of the quarter ended 31 December 2019. The dividend will be paid on 9 March 2020 to ordinary shareholders on the register at 14 February 2020. The dividend will be paid as 1.42 pence per ordinary share as a REIT property income distribution ("PID") in respect of the Group's tax-exempt property rental business and 0.16 pence per ordinary share as an ordinary UK dividend ("non-PID").
BP announce a dividend of 10.5 cents per share for the quarter, an increase of 2.4% on a year earlier
BP today announced a quarterly dividend of 10.5 cents per ordinary share ($0.63 per ADS), which is expected to be paid on 27 March 2020. The corresponding amount in sterling will be announced on 16 March 2020.
Porvair announce a recommended final dividend of 3.2 pence per share, an increase of 7%.
The Porvair Board recommends an increased final dividend of 3.2 pence per share, a cost of £1.5 million (2018: 3.0 pence per share, a cost of £1.4 million). The full year dividend increased by 7% to 4.9 pence per share, a cost of £2.2 million (2018: 4.6 pence per share, a cost of £2.1 million).
PRS REIT announces an interim quarterly dividend of 1.0p per share
The PRS REIT, the closed-ended real estate investment trust established to invest in new-build homes in the Private Rented Sector ("PRS"), declares today an interim quarterly dividend of 1.0 pence per ordinary share in respect of the second quarter period, covering 1 October 2019 to 31 December 2019.
Inland Homes announce second interim dividend of 2.25p per share, which together with the first interim dividend of 0.85p, makes a total dividend of 3.10p per share
In recognition of the Group's continued growth and its planning consent achievements, the Inland Homes Board has declared the payment of a second interim dividend of 2.25p per share. This, together with the first interim dividend of 0.85p (2018: 0.65p) per share already paid, will make total dividends of 3.10p (2018: 2.20p) per share. As a result, there will be no proposed final dividend for the 15-month period ended 30 September 2019.
Hargreaves Lansdown announces an interim dividend up 9% to 11.2 pence per share
The Hargreaves Lansdown Board has declared a 9% rise in the interim dividend to 11.2 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.
Greencoat UK Wind announces a quarterly dividend of 1.735p per share
Greencoat UK Wind announces a quarterly interim dividend of 1.735 pence per share with respect to the quarter ended 31 December 2019 and an increase in the target dividend for 2020 to 7.1 pence per share, increased in line with the Retail Prices Index for December 2019.
Diageo announce their interim dividend has been increased 5% to 27.41 pence per share
An interim dividend of 27.41 pence per share will be paid to holders of ordinary shares and ADRs on the register as of 28 February 2020. The ex-dividend date is 27 February 2020. This represents an increase of 5% on last year's interim dividend. The interim dividend will be paid to ordinary shareholders on 9 April 2020. Payment to US ADR holders will be made on 14 April 2020. A dividend reinvestment plan is available to holders of ordinary shares in respect of the interim dividend and the plan notice date is 19 March 2020.
Renishaw announce maintained interim dividend of 14p per share
The Board has approved an interim dividend of 14.0 pence net per share (2019: 14.0 pence) which will be paid on 6 April 2020 to shareholders on the register on 6 March 2020. All directors have waived their rights to the interim dividend which results in the cost of the dividend being £4.8m compared to £10.2m last year.
Royal Dutch Shell announce an interim dividend of $0.47
The Board of Royal Dutch Shell plc today announced an interim dividend in respect of the fourth quarter of 2019 of US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”), equal to the US dollar dividend for the same quarter last year.
Rank Group announces 30% increase to their interim dividend
The Rank Group Board has declared a 30% increase in interim dividend to 2.8 pence per share to be paid to be paid on 13 March 2020 to shareholders on the register at 14 February 2020.
Unilever declare a quarterly dividend of £0.3472, € 0.4104 and $0.4517
The Unilever Boards have declared a quarterly interim dividend for Q4 2019 at the following rates which are equivalent in value at the rate of exchange applied under the terms of the Equalisation Agreement between the two companies:
Could Dividends Break Your Debt Cycle? By guest writer Ali Thompson
Could Dividends Break Your Debt Cycle?
PZ Cussons announce interim dividend maintained at 2.67p per share
An interim dividend of 2.67p per share for the half year to 30 November 2019 (2018: 2.67p) has been declared totalling £11.2 million (2018: £11.2 million) and is payable on 6 April 2020 to shareholders on the register at the close of business on 14 February 2020. 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 2019 of 5.61p per share, totalling £23.5 million, was approved by shareholders at the Annual General Meeting of the Company and paid on 30 September 2019.
Crest Nicholson announce total full year dividend maintained at 33.0p per share
The Board proposes to pay a final dividend of 21.8 pence per share for the financial year end 31 October 2019 which, subject to shareholder approval, is expected to be paid on 9 April 2020 to shareholders on the register at the close of business on 20 March 2020.
Bluefield Solar Income Fund Limited announce a maiden dividend
Bluefield Solar (LON: BSIF), a sterling income fund that invests in UK-based solar assets, have announced the Company's first interim dividend for the financial year which ends on 30 June 2020 (the 'First Interim Dividend'). Unless otherwise noted herein, the information provided in this announcement and any asset valuations underlying such information is unaudited.
McCarthy and Stone announce a maintained total dividend of 5.4p per share
The McCarthy and Stone Directors are proposing a final dividend of 3.5p per share, maintaining a total dividend for the year at 5.4p per share (2018: 5.4p per share) reflecting the Board's confidence in the Group's strategy despite lowering profits.
NWF Group plc announces an interim dividend of 1.0p per share
The NWF Group Board has approved an interim dividend per share of 1.0p (H1 2018: 1.0p). This will be paid on 6 May 2020 to shareholders on the register as at 20 March 2020. The shares will trade ex-dividend on 19 March 2020. The Group has a progressive dividend policy and has increased the annual dividend by approximately 5% in each of the last five years.
SThree cash conversion underpins 6% increase in full year dividend to 15.3p
The SThree Board has proposed to increase a final dividend to 10.2 pence per share (2018: 9.8 pence). Taken together with the interim dividend of 5.1 pence per share (2018: 4.7 pence), this brings the total dividend for the year to 15.3 pence per share (2018: 14.5 pence). This represents a 6% increase in dividend per share versus the prior year. The final dividend, which amounts to approximately £13.5 million, will be subject to shareholder approval at the 2020 Annual General Meeting. It will be paid on 5 June 2020 to shareholders on the register on 1 May 2020.
NNC Group PLC announce maintained dividend of 1.50p
The NCC Group Board is recommending an unchanged interim dividend of 1.50p per ordinary share (H1 2019: 1.50p). This represents a dividend equal to that paid in the prior year as the Board is conscious of the need to invest in the SGT programme and other initiatives to support longer term growth. The dividend policy will therefore continue to remain under review.
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