The Petershill Partners Board has proposed a final dividend payment of 10.5 cents (USD) per share, payable on 13 June 2025 to shareholders on the register as at close of business on 9 May 2025, with ex-dividend date of 8 May 2025. The total dividend per Ordinary Share for 2024 is 15.5 cents up 3% from 2023.
Other Financial Highlights Include:
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Good performance with 11% growth in Partner Distributable Earnings to $323m, and continued asset raising momentum.
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Completed four acquisitions totaling $205m and three disposals generating nominal consideration of $575m during 2024.
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Total capital return during 2024 of $563m1, including 2024 interim dividend payment of $54m, 2024 proposed final dividend of $114m, special dividend payments of $287m, tender offer of $103m2 and $6m buyback.
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Subsequent to the year end, completed a further acquisition and disposal, and the announcement of a $151m special dividend.
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Higher Adjusted Profit After Tax3 of $216m for the year ended 31 December 2024 (2023: $200m).
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Adjusted EBIT3 of $293m (2023: $284m) with Adjusted EBIT margin3 of 88% (2023: 89%) and Adjusted EPS3 of 19.7 cents (2023: 17.6 cents).
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IFRS Profit After Tax of $832m (2023: $321m) and IFRS EPS of 75.8 cents (2023: 28.4 cents).
