The Directors of M Winkworth Plc ("Winkworth" or the "Company") have announced that the Company will pay a dividend of 2.2p per ordinary share for the first quarter of 2021 to shareholders.
In the trading updated released on 13 January 2021, the directors of Winkworth announced that the Company would pay a dividend of 1.8p (2019: 2.1p) per share for the fourth quarter of 2020, bringing total dividend payments declared for the financial year ending 31 December 2020 to 6.68p (2019: 7.8p). The reduction in quarterly payments on the previous year reflected caution in the face of the unpredictable fluctuations in trading due to lockdowns.
The trading update also referenced the strong momentum experienced going into the first quarter of 2021. Having repaid the furlough money received from the government for franchisor staff, the directors believe that it is now appropriate to pay a special dividend to shareholders of 1.3p.
The board recognises the importance of dividend payments to shareholders and remains committed to paying a quarterly dividend, with the intention of resuming a progressive payment if trading conditions permit.
The timetable for the combined dividend is as follows:
|
Ex-Dividend Date * |
22/04/21 |
|
Record Date ** |
23/04/21 |
|
Expected Payment Date |
20/05/21 |
