Easyjet announce an ordinary dividend of 12.1 pence per share

DividendMax Ltd.

Easyjet announce an ordinary dividend of 12.1 pence per share

The Easyjet plc Board is recommending an ordinary dividend of 12.1 pence per share (2023: 4.5 pence), amounting to £92 million (2023: £34 million) subject to shareholder approval at the upcoming Annual General Meeting. This will be paid on 21 March 2025 to those shareholders on the register at the close of business on 21 February 2025. This represents 20% of the headline profit after tax.

Other financial highlights include:

- FY24 headline profit before tax of £610 million, +£155 million YoY (Reported PBT £602 million)

- easyJet holidays recorded £190 million profit before tax, +56% YoY

- ROCE of 16% in FY24, +3ppts YoY, strong progress towards target of high-teen ROCE

- Group headline PBT per seat +24% YoY, achieving £6.08 per seat, a positive step towards our £7-10 target

Companies mentioned