Begbies Traynor Group recommends (subject to shareholder approval at the company's annual general meeting scheduled for 17 September 2024) a 5% increase in the total dividend for the year to 4.0p (2023: 3.8p), representing their seventh consecutive year of dividend growth. This comprises the interim dividend already paid of 1.3p (2023: 1.2p) and a proposed final dividend of 2.7p (2023: 2.6p).
This reflects their board's confidence in the group's financial position and prospects, whilst retaining capacity for their continued organic and acquisitive growth strategy. They remain committed to their long-term progressive dividend policy, which takes account of the group's earnings growth, their investment plans and cash requirements, together with the market outlook.
The final dividend will be paid on 6 November 2024 to shareholders on the register on 11 October 2024, with an ex-dividend date of 10 October 2024.
