The Liontrust Asset Management plc Board has declared a second interim dividend of 50.0 pence per share (2023: 50.0 pence) bringing the total dividend for the financial year ending 31 March 2024 to 72.0 pence per share (2023: 72.0 pence per share).
The second interim dividend will be payable on 9 August 2024 to shareholders who are on the register as at 5 July 2024, the shares going ex-dividend on 4 July 2024.
Other financial highlights:
Gross Profit of £186.1 million (2023: £229.8 million), includes £10.4 million of performance fee revenues (2023: £18.5 million), with a Revenue margin of 0.62% (2023: 0.62%).
Adjusted profit before tax of £67.4 million (2023: £87.1 million), a decrease of 23%.
Adjusted operating margin of 35.5% (2023: 37.7%).
Adjusted diluted earnings per share of 79.2 pence per share (2023: 109.8 pence per share), a decrease of 28%.
Statutory Loss before tax of £0.6 million (2023: Statutory Profit before tax of £49.3 million).
On 31 March 2024, assets under management and advice ("AuMA") were £27.8 billion (2023: £31.4 billion), a decrease of 11.5%.
AuMA as at 20 June 2024 were £27.25 billion.
