CMC Markets announces an interim dividend of 3.50 pence per share (H1 2022: 3.50 pence) with a total dividend for the year expected to be in line with policy at 50% of profit after tax
Other financial highlights include:
Net operating income of £153.5 million (H1 2022: £126.7 million +21% yoy).
Trading net revenue was £128.4 million (H1 2022: £101.0 million +27% yoy).
Investing net revenue was £20.8 million (H1 2022: £24.2 million -14% yoy).
Operating costs (excluding variable remuneration) of £106.3 million (H1 2022: £83.1 million +28% yoy) and £115.6 million (H1 2022: £89.7 million +29% yoy) including variable remuneration. The majority of the cost increase reflects investment for growth across CMC's investing and trading platforms.
Regulatory total capital ratio of 610% (FY 2022: 489%) and net available liquidity of £254.2 million (FY 2022: £245.9 million).