Plus500 announce $60.0m interim dividend declared today, representing $0.5921 per share

DividendMax Ltd.

Plus500 announce $60.0m interim dividend declared today, representing $0.5921 per share

The Plus500 Board announces the amounts of dividends and the amounts of dividends per share for the years 2021 and 2020 declared and distributed by the Company's Board of Directors are as follows: 

Date of declaration

Amount of dividend

(US $ in millions)*

Amount of dividend

per share (US $)

Date of payment to

Shareholders

12 February 2020

40.6

0.3767

13 July 2020

11 August 2020

101.0

0.9531

11 November 2020

17 February 2021

84.9

0.8292

12 July 2021

Other financial highlights include:

Significant positive financial and operational momentum achieved in H1 2021, with performance ahead of pre-pandemic levels:

- Group revenue of $346.2m (H1 2020: $564.2m; H2 2020: $308.3m) 

- EBITDA of $187.6m (H1 2020: $361.8m; H2 2020: $154.1m)

- 136,980 New Customers onboarded (H1 2020: 198,176; H2 2020: 96,552) 

- Further increase in base of Active Customers to 333,940 (H1 2020: 328,409; H2 2020: 278,566)

Further attractive returns delivered to shareholders:

- New share buyback programme of $12.6m announced today

- $42.5m invested in two share buyback programmes completed during the period

- Enabled by continued strong operating cash conversion of 87%, with cash balances of $722.5m at the end of H1 2021 (H1 2020: $587.8m, H2 2020: $593.9m)

Companies mentioned