Rightmove plc is recommending a final dividend of 5.7p per share for 2023 (2022: 5.2p). The final dividend will be paid, subject to shareholder approval, on 24 May 2024, taking the total dividend for the year to 9.3p (2022: 8.5p).
Other financial highlights include:
Revenue up £31.7m/10% on 2022 to £364.3m, as customers continued to upgrade their packages and increase their use of digital products
Operating profit of £258.0m; up 7% on 2022 (2022: £241.3m); Underlying Operating Profit of £264.6m; up 8% on 2022 (2022: £245.4m)
Basic earnings per share up 5% to of 24.5p (2022: 23.4p) and underlying basic earnings per share up 6% to 25.2p (2022: 23.8p)
£201.7m of cash returned to shareholders through share buybacks and dividends during 2023 (2022: £197.7m)
Cash and cash equivalents, including money market deposits, at the end of the period was £38.9m (31 December 2022: £40.1m)
