WH Smith Plc have announced a proposed final dividend of 22.6p per share

DividendMax Ltd.

WH Smith Plc have announced a proposed final dividend of 22.6p per share

The WH Smith Plc Board has proposed a final dividend of 22.6p per share in respect of the financial year ended 31 August 2024, which together with the interim dividend, gives a full year dividend of 33.6p per share. This reflects the cash generative nature of the business and their confidence in the future prospects of the Group. Subject to shareholder approval, the dividend will be paid on 6 February 2025 to shareholders registered at the close of business on 17 January 2025.

Other financial highlights include:

Total Group revenue up 7% to £1,918m (2023: £1,793m)

o Total revenue in Travel up 11%, with Travel UK up 12%; North America up 9%; Rest of the World ('ROW') up 18%

Headline Group profit before tax and non-underlying items up 16% to £166m (2023: £143m)

o Total Travel trading profit of £189m (2023: £164m)

o High Street trading profit of £32m (2023: £32m)

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