The Board has proposed an unchanged final core dividend of 2.05 pence per share giving a full-year dividend of 3.00 pence per share. This represents pre-exceptional dividend cover of 1.34x, below their target core dividend cover range of 2.0-3.0x earnings. Given the Board's confidence in the Group's strategy and long-term prospects, plus their strong financial position, the Board considers an unchanged dividend payment is appropriate. The dividend record date is 18 October 2024, and the proposed payment date is 25 November 2024.
