James Halstead plc is proposing a final dividend of 6.0p (2023: 5.75p) which will mean a total dividend for the year of 8.5p (2023: 8.0p) an increase of 6.25%. This is a record level of dividend and marks their 49th year of increased dividend. This final dividend will be paid on 13 December 2024.
Other financial highlights include:
Revenue at £274.9 million (2023: £303.6 million) - down 9.4%
Profit before tax of £56.2 million (2023: £52.1 million) - up 7.9%
Profit after tax of £41.5 million (2023: £42.4 million) - down 2.1%
Earnings per ordinary share of 10.0p (2023: 10.2p) - down 2.0%
Cash of £74.3 million (2023: £63.2 million)
