Recent articles for private investors with a focus on dividend announcements
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.
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.
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.
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).
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
Smith (DS) announce a dividend resumed
The Smith (DS) Board declares an interim dividend for this half year of 4.0 pence per share. The dividend will be paid on 4 May 2021 to ordinary shareholders on the register at the close of business on 9 April 2021.
RWS plc announce board recommending a final dividend of 7.25p
The RWS Board recommends a final dividend of 7.25 per share which, together with the interim dividend of 1.75p per share, will result in a total dividend for the year ended 30 September 2020 of 9.00p per share, an increase of 2.9% compared to 2019. Subject to shareholder approval at the next AGM, the final dividend will be paid on 19 February 2021, to shareholders on the register as at 22 January 2021.
DWF group
The DWF Group's capital allocation policy is to retain sufficient capital to fund ongoing operating requirements and to invest in the Group's long-term growth, while also paying attractive dividends. The Group has a target dividend pay-out ratio of up to 70% of DWF Group plc's Adjusted Profit After Tax.
Vitctrex plc announces a reinstated dividend of 46pence per share
Following deferral of the interim dividend, and reflecting good cash generation, the Victrex Board has chosen to reinstate dividends, with a final dividend of 46.14p, bringing total dividends for the year to 46.14p (only the final dividend will be paid this year).
Begbies Traynor announce an increase of 11% in the interim dividend
Begbies Traynor declare an increased interim dividend of 1.0p (2019: 0.9p), an increase of 11%, which builds on the increases over the three previous years and reflects our confidence in sustaining their financial track record of earnings growth. They remain committed to a long-term progressive dividend policy which takes account of the market outlook, earnings growth and investment plans.
Begbies Traynor announce an increase of 11% in the interim dividend
Begbies Traynor declare an increased interim dividend of 1.0p (2019: 0.9p), an increase of 11%, which builds on the increases over the three previous years and reflects our confidence in sustaining they financial track record of earnings growth. They remain committed to a long-term progressive dividend policy which takes account of the market outlook, earnings growth and investment plans.
Renew plc propose a final dividend of 8.33p per share
The Covid-19 pandemic saw the Renew plc Board take a number of decisive actions to preserve cash and protect liquidity. One of the measures, taken in April 2020, was the suspension of the Group's interim dividend which would ordinarily have been paid to shareholders in July 2020. They have continued to review our dividend policy whilst understanding the importance of the dividend to their shareholders. The Group's strong trading performance, cash position and positive outlook has given the Board the confidence to propose a final dividend of 8.33p per share, an increase of 8.6 per cent over the prior year final dividend of 7.67p. This will be paid on 5 March 2021 to shareholders on the register as at 29 January 2021, with an ex-dividend date of 28 January 2021. As no interim dividend was paid to shareholders, this will represent a full year dividend of 8.33p per share (2019: 11.50p). In the absence of unforeseen circumstances, or a material adverse impact on trading caused by a worsening of the Covid-19 situation, they expect dividend payments to continue in line with pre-Covid dividend policy going forward.
Redde Northgate announce an interim dividend of 3.4p per share has been declared
An interim dividend of 3.4p per share (2020: 6.3p) has been declared by Redde Northgate, in line with dividend policy, as stated at the time of the Merger, to pay an interim dividend that is half of the prior final dividend.
Ashtead Group Plc announces an interim dividend maintained at 7.15p per share
In line with their policy of providing a progressive dividend, having regard to both underlying profit and cash generation and to sustainability through the economic cycle, the Ashtead Board has maintained the interim dividend at 7.15p per share (2019: 7.15p per share). This will be paid on 3 February 2021 to shareholders on the register on 15 January 2021.
VP Group announce a special dividend of 22.00 per pence per share
The VP Group Directors have declared a special dividend of 22.00 pence per share payable on 17 January 2021 to shareholders on the register at 18 December 2020. This is in lieu of the final dividend for the Financial Year ended 31 March 2020. The dividend declared will absorb an estimated £8,672,000.
Clipper Logistics announce an interim dividend increased by 14.3% to 4.0 pence per share
In line with Clipper's dividend policy and reflecting the Group's earnings growth, the Board announces an interim dividend of 4.0 pence per share, which will be paid on 4 January 2021 to shareholders on the register at 11 December 2020. This represents an increase of 14.3% (0.5 pence per share) compared to the interim dividend of 3.5 pence paid in January 2020.
Paragon Banking plc have announced a final dividend of 4.66 pence per share, which takes the total ordinary dividend for the year to 6.16 pence per share, an increase of 28%
In light of a strong financial performance, the Paragon Board recommends a final ordinary dividend of 4.66p per share, taking the total ordinary dividend for the year to 6.16p per share. This is an increase of 28% on the previous year and extends their record of increasing their ordinary dividend every year since we paid our first dividend in 2004.
AJ Bell announce a final dividend of 4.66 pence per share, which takes the total ordinary dividend for the year to 6.16 pence per share, an increase of 28%
The AJ Bell Board recommends a final ordinary dividend of 4.66p per share. This takes the total ordinary dividend for the year to 6.16p per share, representing an increase of 28% on the previous year. The final ordinary dividend will be paid, subject to shareholder approval at our AGM on 27 January 2021, to shareholders on the register at the close of business on 8 January 2021.
Avon Rubber announces final dividend per share of 18.06p, up 30.0%, resulting in full year total dividend of 27.08p, also up 30.0%
The Avon Rubber Board is recommending a final dividend of 18.06p per share (2019: 13.89p) which together with the 9.02p per share interim dividend gives a total dividend of 27.08p (2019: 20.83p), up 30% on last year. The final dividend will be paid on 12 March 2021 to shareholders on the register at 12 February 2021 with an ex-dividend date of 11 February 2021.
Discover IE announce dividend reinstated with a 6% increase in the interim payment
With an improving outlook, and strong cash flow, the Board is has announced they will reinstate dividends, and has declared a 6% increase in the interim dividend to 3.15p per share (H1 2019/20: 2.97p per share).
Morses Club announce a proposed final dividend of 1.0 pence per share
After the impact of Covid-19 and the lockdown became a reality, the Morses club Group announced that it would be postponing its decision to make a final dividend payment whilst it assessed the impacts of the pandemic. During this time, they have extended their loan facilities and cash flows have exceeded expectations as they adapted, and continue to adapt, to the ever-changing demands on the business. They did not furlough any staff or take on any debt or other support packages offered by HM Government during the crisis.
Aviva plc 2020 announces interim dividend of 7.0 pence per share
The Aviva plc Board have announced a 2020 interim dividend of 7.0 pence per share
Severn Trent announce an interim dividend of 40.63 pence.
The Severn Trent Board has declared an interim ordinary dividend of 40.63p per share (2019/20: 40.03p per share), which will be paid on 6 January 2021 to shareholders on the register at 4 December 2020.
XPS Pensions announce an interim dividend of 2.3 pence per share
An interim dividend of 2.3p has been declared by the XPS Pensions Board (2019: 2.3p). The interim dividend amounting to £4.7 million (2019: £4.7 million), will be paid on 4 February 2021 to those shareholders on the register on 8 January 2021.
Britvic announces a full year dividend of 21.6p
The Britvic Board is recommending a final dividend of 21.6 pence per share, with a total value of £57.7m, maintaining our 50% pay-out policy. The final dividend for 2020 will be paid on 3 February 2021 to shareholders on record as at 18 December 2020. The ex-dividend date is 17 December 2020.
The United Utilities Board has proposed an interim dividend of 14.41 pence per ordinary share
The United Utilities Board has proposed an interim dividend of 14.41 pence per ordinary share in respect of the six months ended 30 September 2020. This is an increase of 1.5 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 1.5 per cent is based on the CPIH element included within the allowed regulated revenue increase for the 2020/21 financial year (i.e. the movement in CPIH between November 2018 and November 2019).
Helical plc announces an interim dividend maintained at 2.70p per share
An Interim Dividend of 2.70 pence per share (2019: 2.70 pence per share) will be paid to Shareholders.
Future Plc announce a final dividend of 1.6p per share
The Future PLC Board is recommending a final dividend of 1.6p per share for the year ended 30 September 2020, payable on 16 February 2021 to all shareholders on the register at close of business on 15 January 2021.
UDG Healthcare announces a proposed 1.6% increase in final dividend to 12.54 $ cent per share, giving a full year dividend increase of 1.2% to 17.00 $ cent per share
The UDG Healthcare directors are proposing a final dividend of 12.54 $ cent per share representing an increase of 1.6% on the 2019 final dividend of 12.34 $ cent per share. This represents 1.2% growth in the total dividend for the year to 17.00 $ cent per share. This continues the Group's 30 year history of consistently increasing dividends.
3201-3250 of 8143
