Kcom increases its 2015 interim dividend by 10%

DividendMax Ltd.

Kcom increases its 2015 interim dividend by 10%

Highlights

·      Continued strong KC brand performance with top line growth, strong cash generation and growing fibre uptake

·      Good market share and revenue growth in Eclipse

·      Solid underlying performance and market position in Smart421

·      Good progress in key customer contracts in Kcom, including HMRC, but broader revenue challenges continue

·      Increased interim dividend to 1.79p, in line with commitment to increase full-year dividend by 10% per annum through to March 2016

Companies mentioned