The PageGroup Plc Board has announced an interim dividend of 5.36 pence per share, an increase of 4.5% over last year. This, in addition to the 2023 final dividend which they paid in June, results in a total return to shareholders in 2024 of £52.0m, or 16.6 pence per share.
The interim dividend will be paid on 11 October 2024 to shareholders on the register as at 30 August 2024.
Other financial highlights include:
Group operating profit of £28.4m (H1 2023: £63.9m)
Conversion rate of 6.4% (H1 2023: 12.1%)
Gross profit per fee earner up 0.9% to £77.4k
Total headcount decreased by 283 (3.6%) to 7,576 at the end of June
Net cash in June of £57.2m (H1 2023: £97.9m)
Full year operating profit expected to be in the region of £60m, in line with previous guidance