At the Annual General Meeting on 3 March 2022 the Chemring Group shareholders approved a final dividend in respect of the year ended 31 October 2021 of 3.2p per ordinary share. This was paid on 31 March 2022 to shareholders on the register on 11 March 2022.
The Board's objective is for a growing and sustainable dividend and continues to target a medium-term dividend cover of c.2.5 times underlying EPS, subject inter alia to maintaining a strong financial position. Therefore, the Board has declared an interim dividend in respect of the 2022 financial year of 1.9p per ordinary share which will be paid on 9 September 2022 to shareholders on the register on 19 August 2022.
