The Fletcher King Board is proposing a final dividend of 0.75p per share. The final dividend is subject to shareholder approval at the AGM and will be paid on 27 October 2023 to shareholders on the register at the close of business on 29 September 2023. With no interim dividend paid (2022: £nil per share) the dividend for this year will amount to 0.75p per share (2022: 0.5p per share).
Other financial highlights include:
Revenue for the year of £3,079,000 (2022: £2,967,000)
Statutory profit before tax of £192,000 (2022: £134,000)
Adjusted profit before tax of £165,000 (2022: £144,000)
Adjusted basic earnings per share of 2.01p (2022: 1.73p)
Significant cash reserves: £2.8m as at 30 April 2023 (2022: £3.4m)