In light of the economic uncertainty brought about by C-19, the Morgan Sindall Board announced in March that it had decided to cancel the final dividend for 2019. In November, based upon the performance of the business, the outlook for the year at that time and the strong cash position, the Board declared an interim dividend of 21.0p per share, which was paid in December.
A final dividend of 40.0p per share is now proposed, resulting in a total dividend for the year of 61.0p per share (FY 2019: 21.0p). This reflects the result for the year, the strong balance sheet and the Board's confidence in the future prospects of the Group.
