The AJ Bell Board is to announce a final ordinary dividend of 8.25 pence per share, reflecting the financial performance of the business and strong capital position. The final ordinary dividend will be paid, subject to shareholder approval, at their AGM on 29 January 2025, to shareholders on the register at the close of business on 10 January 2025.
Other financial highlights include:
●Record financial performance, with revenue up 23% to £269.4 million (FY23: £218.2 million) and profit before tax (PBT) up 29% to £113.3 million (FY23: £87.7 million)
●PBT margin of 42.0% (FY23: 40.2%), driven by an increased revenue margin of 31.6bps (FY23: 29.8bps) combined with operational gearing
●Diluted earnings per share up 23% to 20.34 pence (FY23: 16.53 pence)
