Tandem Group Plc is proposing to pay a final ordinary dividend of 6.57 pence per share (year ended 31 December 2021 - 6.57 pence per share).
When combined with the interim dividend of 3.43 pence per share (year ended 31 December 2021 - 3.43 pence per share), this is a total dividend of 10.0 pence for the year as it was in the year ended 31 December 2021.
Subject to shareholder approval at the Annual General Meeting to be held on 29 June 2023, the final dividend will be paid on or around 6 July 2023 to shareholders on the share register as at 12 May 2023. The ex-dividend date will be 11 May 2023.
In accordance with the provision that in any calendar year should dividend payments exceed pension deficit contributions, an additional contribution, equal to the excess, is paid into the scheme, an additional payment of approximately £172,000 will be paid into the Tandem Group Pension Plan.
Other Financial Highlights:
- Profitable year
- New warehouse and out of Northampton and Felixstowe
- New retail shop
- Secured leading new licences
- Strong growth in acquiring new accounts across nationals and independents
