The Electrocomponents PLC Board intends to continue to pursue a progressive dividend policy while remaining committed to a healthy dividend cover over time by driving improved results and stronger cash flow.
In the normal course, the interim dividend is equivalent to approximately 40% of the prior year full-year dividend. As such, the Board proposes an interim dividend of 6.4p per share. This will be paid on 7 January 2022 to shareholders on the register on 26 November 2021.