A final dividend of 2.4p per share is recommended by Redcentric Plc and will result in a total dividend for FY22 of 3.6p per share (financial year ended 31 March 2021 "FY21": 3.6p per share). Subject to approval by shareholders at Redcentric Plc's annual general meeting ("AGM"), this will be paid on 16 September 2022 to shareholders on the register at the close of business on 29 July 2022 with shares going ex-dividend on 28 July 2022. The last day for Dividend Reinvestment Plan elections is 19 August 2022.
Other Financial Highlights:
During the year, the FY21 final dividend payment of £3.7m was paid along with the FY22 interim dividend payment of £1.9m. In addition, a further £3.0m was returned to shareholders through share and warrant buybacks. Returns to shareholders during the year therefore totalled £8.6m reflecting continued strong cash generation from the Group.
Redcentric Plc intends to continue with the same level of dividends and selective share buybacks but will review these policies in light of any large-scale acquisitions.
