The Mortgage Advice Bureau Board is to propose a final dividend of 14.8.p per share (2023: 14.7p). This makes a proposed total dividend for the year of 28.2p per share (2023: 28.1p). This represents a cash outlay of £8.6m (2023: £8.4m). Following payment of the dividend, the Group will continue to maintain significant surplus regulatory reserves.
The record date for the final dividend will be 25 April 2025 and the payment date 27 May 2025. The ex-dividend date will be 24 April 2025.
Other financial highlights include:
Adjusted profit before tax (PBT) up 38.0% to £32.0m (2023: £23.2m)
Gross mortgage completions (including Product Transfers) up 3.9% to £26.1bn (2023: £25.1bn)
Market share of new mortgage lending up to 8.4% (2023: 8.3%)
Closing mainstream advisers up 1.2% to 1,941 (2023: 1,918). The number of mainstream advisers at 14 March 2025 was 1,985
Revenue per mainstream adviser up 12.3% to £138.7k (2023: £123.5k)
