Rolls Royce increases its 2014 interim dividend by 5%

DividendMax Ltd.

Rolls Royce increases its 2014 interim dividend by 5%

Highlights

Order book of £70.4bn, down 2%

·     Underlying revenue of £6.8 billion, down 7%

·     Underlying profit before tax of £644 million, down 20%

·     Reported profit before tax of £717 million

·     Announced the sale of the Energy business to Siemens, completion expected end 2014

·     £1bn share buyback - conditional upon the Energy sale

·     Agreed the acquisition of Daimler's 50% ownership in Power Systems

·     Payment to shareholders of 9.0 pence per share, up 5%

·     Group guidance maintained

Companies mentioned