Latham(James) has declared a final dividend of 26.0p per Ordinary Share (2023: 20.8p). The total dividend per ordinary share of 33.75p for the year (2023: 28.05p) is covered 3.3 times by earnings (2023: 6.4 times). The previous two financial years have provided the group with exceptional profits and have allowed their cash balances to increase. They has declared two special dividends of 8.0p in each of the previous two financial years to reflect these profit levels. Following a return to more normal market conditions, the board has reviewed their current cash position, considering future investment plans and maintaining their flexibility to react to opportunities as they arise, and has decided to declare a further special dividend of 45p per share. Both the final and special dividend are payable on 23 August 2024 to ordinary shareholders on the company's register at close of business on 2 August 2024. The ex-dividend date will be 1 August 2024.
