Rightmove Plc is recommending a final dividend of 6.1p per share for 2024 (2023: 5.7p), taking the total dividend for the year to 9.8p (2023: 9.3p), in line with their progressive policy. The final dividend will be paid, subject to shareholder approval, on 24 May 2025.
Other financial highlights include:
Revenue up 7%, as estate agency and new homes developer partners continued to upgrade their packages, increased their use of digital products and renewed contracts
Underlying operating profit up 4%, with underlying operating profit margin of 70%, in line with guidance. Operating profit down 1% due to the impact of one-off transaction-related charges of £9.2m
Cash and cash equivalents, including money market deposits, at the end of the year of £41.3m (31 December 2023: £38.8m)
