Dividend
Last year, we announced a total dividend target for FY16 of 7.25 pence per share. Following the payment of the interim dividend of 3.625 pence per share in January 2016, the Board has declared a final dividend for the year of 3.625 pence per share, meeting our target for the year. We expect the final dividend to be paid on 11 July 2016. Consistent with our progressive dividend policy, we are announcing a total dividend target for FY17 of 7.55 pence per share, representing a year-on-year increase of 4%.
