Recent articles for private investors with a focus on dividend announcements
Croda International PLC proposes a final dividend of 62.0p per share amounting to a total of £86.5m for FY23
Croda International PLC management proposed a final dividend of 62.0p per share amounting to a total of £86.5m in respect of the financial year ended 31 December 2023. Subject to shareholder approval, the dividend will be paid on 29 May 2024 to shareholders registered on 19 April 2024. The total proposed dividend for the year ended 31 December 2023 will be 109.0p per share amounting to £152.1m.
Synectics PLC proposes a final dividend of 3p per share for FY23, a 50% increase from FY22.
Synectics PLC proposes a final dividend of 3p per share for FY23, a 50% increase from FY22 (2p for FY22). Subject to shareholders' approval at the Company's forthcoming Annual General Meeting to be held on 24 April 2024, management recommended a final dividend of 3.0p per share (2022: 2.0p) to be paid on 3 May 2024 to shareholders on the register as of the close of business on 12 April 2024 (the shares being marked ex-dividend on 11 April 2024). No interim dividend was paid during 2023 (2022: £nil).
Unite Group Plc are proposing a final dividend payment of 23.6p per share
Unite Group Plc are proposing a final dividend payment of 23.6p per share (2022: 21.7p), making 35.4p for the full year (2022: 32.7p) and representing an 8% increase compared to 2022. This represents a payout ratio of 80% of adjusted EPS. The final dividend will be fully paid as a Property Income Distribution (PID) of 23.6p, which they expect to fully satisfy our PID requirement for the 2023 financial year.
Smith & Nephew Plc announces full year dividend of 37.5¢ per share
Smith & Nephew Plc management proposed a Final Dividend of 23.1¢ per share (46.2¢ per ADS), showing no increase from FY22 (2022: 23.1¢ per share). Together with the Interim Dividend of 14.4¢ per share (28.8¢ per ADS), this will give a total distribution of 37.5¢ per share (75.0¢ per ADS), unchanged from 2022. Subject to confirmation at their Annual General Meeting, the Final Dividend will be paid on 22 May 2024 to shareholders on the register at the close of business on 2 April 2024.
Law Debenture Corp plc 2023 full year dividend expected to increase by 4.9% to 32.0 pence per ordinary share
2023 full year dividend expected to increase by 4.9% to 32.0 pence per Ordinary Share (2022: 30.5 pence per Ordinary Share).
Tristel announce a doubling of their interim dividend to 5.24p per share
The Tristel Board is recommending an interim dividend of 5.24 pence (2022: 2.62 pence) to be paid on 12 April 2024. The associated ex-dividend date will be 21 March 2024 with a record date of 22 March 2024.
The Bunzl Board is recommending a final dividend of 50.1p
The Bunzl Board is recommending a final dividend of 50.1p, 10.4% higher than the prior year, resulting in a full year dividend of 68.3p. This represents an 8.9% increase in the total dividend compared to 2022 and is Bunzl's 31stconsecutive year of annual dividend growth. The Group remains committed to ensuring sustainable dividend growth.
Standard Chartered announce a proposed final dividend of $560m or 21c per share
Standard Chartered plc announce a final ordinary dividend per share of 21 cents has been proposed taking the full-year total to 27 cents, a 50 per cent increase. The Group also completed two share buyback programmes totalling $2 billion which along with a new share buyback programme of $1 billion to be announced imminently. Since 1 January 2022, total shareholder distributions announced total $5.5 billion
Lloyds Bank Group announce a final ordinary dividend of 1.84pence per share
The Lloyds Banking Group Board has recommended a final ordinary dividend of 1.84 pence per share, resulting in a total ordinary dividend for 2023 of 2.76 pence per share, up 15 per cent on prior year and in line with the Group's progressive and sustainable ordinary dividend policy.
Genus plc announce an interim dividend of 10.3p per
The Genus Board has declared an unchanged interim dividend of 10.3 pence per share, which is payable on 28 March 2024 to shareholders on the register at 1 March 2024.
Anglo American has proposed a final dividend of $0.41
The Anglo American Board has proposed a final dividend of $0.41 per share (2022: $0.74 per share), equivalent to $0.5 billion (2022: $0.9 billion).
ME Group International Plc announce final dividend of 4.42pence per share
The ME Group International Plc Board has recommended a final dividend for the year ended 31 October 2023 of 4.42 pence per Ordinary share ("Final Dividend") amounting to £16.6 million. Combined with the Interim Dividend, this brings the total dividend for the year ended 31 October 2023 to 7.39 pence per Ordinary share (£27.9 million).
Hikma Pharmaceuticals Plc Board is recommending a final dividend of 47 cents per share
The Hikma Pharmaceuticals Plc Board is recommending a final dividend of 47 cents per share (2022: 37 cents per share) bringing the total dividend for the full year to 72 cents per share (2022: 56 cents per share). This equates to a payout ratio of around 32%, which is above their historical range of 20% to 30%. We intend to progressively increase their dividend, with a payout ratio in the range of 30% to 40%, reflecting the Board's confidence in the long-term growth prospects for the Group. The proposed dividend will be paid on 3 May 2024 to eligible shareholders on the register at the close of business on 22 March 2024, subject to approval at the Annual General Meeting on 25 April 2024.
WPP Plc announce a final dividend of 24.4p
The WPP Plc Board is proposing a final dividend for 2023 of 24.4 pence per share, which together with the interim dividend paid in November 2023 gives a full-year dividend of 39.4 pence per share. The record date for the final dividend is 7 June 2024, and the dividend will be payable on 5 July 2024.
Morgan Sindall Group announce a total dividend up 13% to 114p per share
The Morgan Sindall Group plc proposed final dividend has increased by 15% to 78p per share (FY 2022: 68p), resulting in a total dividend for the year of 114p per share (FY 2022: 101p), an increase of 13%. This represents dividend cover of 2.2x and reflects the result for the year, the strong balance sheet and the Board's confidence in the long-term prospects of the Group.
The Hargreaves Lansdown Plc Board has declared an interim dividend of 13.2 pence per share
The Hargreaves Lansdown Plc Board has declared an interim dividend of 13.2 pence per share in line with their guidance of a 4% increase on H1 2023.
Hays plc declare an unchanged interim dividend of 0.95 pence per share
The Hays plc Board has declared an unchanged interim core dividend of 0.95 pence per share, reflecting a strong financial position and the Board's confidence in the Group's strategy. This represents pre-exceptional dividend cover of 2.5x, within our target core full year dividend cover range of 2.0 to 3.0x earnings. The ex-dividend date is 29 February 2024, and their dividend payment date will be 9 April 2024
HSBC Holdings announce a fourth interim dividend of $0.31 per share
The HSBC Board has approved a fourth interim dividend of $0.31 per share, resulting in a total for 2023 of $0.61 per share. They also intend to initiate a share buy-back of up to $2.0bn, which they expect to complete by their first quarter 2024 results announcement.
BAE Systems has recommended a final dividend of 18.5p
The BAE Systems Board has recommended a final dividend of 18.5p, taking the total dividend for 2023 to 30.0p - an increase of 11.1% on last year. Subject to shareholder approval at the 2024 Annual General Meeting, the dividend will be paid on 3 June 2024 to shareholders on the share register on 19 April 2024.
BHP Shareholders to Receive Enhanced Final Dividend of US$0.80 Per Share, Surpassing Minimum Payout Policy
BHP announced a final dividend of US$0.80 per share (US$4.1 bn), equivalent to a 59% payout ratio and inclusive of an additional amount of US$0.64 bn above the minimum 50% payout policy. This brings total cash dividends announced for FY23 to US$1.70 per share, including an additional amount of US$1.9 bn above the minimum payout policy, and making this the third largest full year ordinary dividend declared by the firm.
Antofagasta Plc have announced a recommended final dividend of 24.3 cents per share
Antofagasta plc announce a recommended final dividend of 24.3 cents per share, in line with the Company's dividend policy of distributing at least 35% of earnings. The proposed final dividend is subject to approval by shareholders at the Company's AGM in May 2024, and if approved, would bring the total dividend for the year to 36.0 cents per share (50% of underlying earnings per share).
Intercontinental Hotels Group Proposes 10% Increase in Final Dividend for 2023, Totaling 152.3¢ for FY23.
Intercontinental Hotels Group (Ticker: IHG) proposed a final dividend of 104.0¢ in respect of 2023, which is a growth of 10% from 2022. With the interim dividend of 48.3¢ paid in October 2023, the total dividend for the year would be 152.3¢, representing an increase of 10%. The ex-dividend date is Thursday 4 April 2024 and the record date is Friday 5 April 2024.
Plus500 Ltd have declared a final dividend of $31.0 million
On 20 February 2024, Plus500 Ltd declared a final dividend in an amount of $31.0 million ($0.3911 per share). The dividend record date is 1 March 2024 and it will be paid to the shareholders on 11 July 2024.
Moneysupermarket.Com Group Plc announce a full-year dividend up 3% to 12.1p
The Moneysupermarket.com Group Plc Board has recommended a final dividend of 8.9p pence per share (2022: 8.6p), making the proposed full year rdividend 12.1p pence per share (2022: 11.7p). The final dividend will be paid on 10 May 2024 to shareholders on the register on 2 April 2024, subject to approval by shareholders at the Annual General Meeting to be held on 2 May 2024.
South32 announce an interim dividend of US 0.4 cents per share
The South32 Board has resolved to pay an interim dividend of US 0.4 cents per share (fully-franked) for the half year ended 31 December 2023.
MJ Gleeson Plc Board declare an interim dividend of 4.0 pence per share
The MJ Gleeson Plc Board is declaring an interim dividend of 4.0 pence per share (H1 22/23: 5.0 pence per share). The Company's policy of covering total full year dividends with earnings between three and five times remains in place.
RELX Plc announce a proposed full year dividend 58.8
RELX Plc announce their final dividend proposed by the Board is 41.8p per share (subject to shareholder approval at the 2024 AGM). If approved, the final dividend will be paid on 13 June 2024, with an ex-dividend date of 2 May 2024 and a record date of 3 May 2024. Shareholders on the Register of Members or holding shares in CREST will automatically receive their dividends in Pounds Sterling (but may elect to receive their dividends in Euro). Shareholders who hold shares through Euroclear Nederland will automatically receive their dividend in Euro (but may elect to receive their dividend in Pounds Sterling). The closing date for currency elections is 20 May 2024.
Dunelm Group Plc announce an iterim dividend of 16p an increase of 7%
The Dunelm Group Board has declared an interim ordinary dividend of 16 pence per share, an increase of 7% compared to FY23 (FY23 H1: 15p), at a cash cost of £32m. The interim dividend will be paid on 9 April 2024 to shareholders on the register at the close of business on 14 March 2024.
Unilever declare an interim dividend of £0.3647
The Unilever plc Board has declared a quarterly interim dividend for Q4 2023 of £0.3647 per Unilever PLC ordinary share or €0.4268 per Unilever PLC ordinary share at the applicable exchange rate issued by WM/Reuters on 6 February 2024.
AstraZeneca announce a second interim dividend declared of $1.97 per share
Astrazeneca plc second interim dividend of $1.97 per share (156.0 pence, 20.65 SEK) has been declared, resulting in a full-year dividend per share of $2.90 (227.8 pence, 30.29 SEK)
British American Tobacco has declared an interim dividend of 235.5p
The British American Tobacco plc Board has declared an interim dividend of 235.5p per ordinary share of 25p for the year ended 31 December 2023, payable in four equal quarterly instalments of 58.8795p per ordinary share in May 2024, August 2024, November 2024 and February 2025. This represents an increase of 2.0% on 2022 (2022: 230.9p per share), and a pay-out ratio, on 2023 adjusted diluted earnings per share, of 62.7%.
PZ Cussons to reduce the interim dividend by 44% to 1.50p
The PZ Cussons plc Board has reviewed the dividend carefully given the material devaluation of the Naira, particularly as it is difficult to foresee a significant rebound in the value of the currency in current circumstances. Had the exchange rate as at 31 January 2024 been the rate used to translate the FY23 results, FY23 EPS would have been over 30% lower. As a result, the Board has determined that it would not be prudent to pay an unchanged dividend. It has therefore elected to pay an interim dividend of 1.50p with the objective of achieving a cover of approximately two times for FY24.
Barrett Developments plc announce an interim ordinary dividend of 4.4p
The Barratt Developments plc Board has declared an interim dividend of 4.4 pence per share (HY23: 10.2 pence per share). The interim dividend will be paid on Friday 17 May 2024 to all shareholders on the register on Friday 12 April 2024. Shareholders who wish to elect for the Dividend Reinvestment Plan should do so by 26 April 2024. The Board, in line with its stated dividend policy, continues to target a full year ordinary dividend based on an ordinary dividend cover of 1.75x adjusted earnings per share.
Redrow announce an interim dividend of 5pence per share
Redrow plc have declared an interim dividend of 5 pence per share. This will be paid on 8 April 2024 to those shareholders on the register at the close of business on 23 February 2024.
Smurfit Kappa Group Plc announce a final dividend increased by 10% to 118.4 cent per share
The Smurfit Kappa Group Plc Board is recommending a 10% increase in the final dividend to 118.4 cent per share. It is proposed to pay this dividend on 10 May 2024 to all ordinary shareholders on the share register at the close of business on 12 April 2024, subject to the approval of the shareholders at the AGM.
Alumasc Group plc approves an interim dividend per share of 3.45 pence
Alumasc Group plc (ALU:LSE), has approved an interim dividend per share of 3.45 pence (FY23 interim dividend: 3.40 pence) which will be paid on 8 April 2024 to shareholders. The cash cost of the dividend is expected to be £1,240,000. As the dividend was approved after the statement of financial position date, it has not been accrued in the interim consolidated financial statements. A final dividend per share of 6.90 pence for the 2022/23 financial year was paid at a cash cost of £2,482,000 from six months to 31 December 2023.
Mattoli Woods announce an interim dividend up 2.3% to 9.0p
The Mattioli Woods Board is pleased to announce an interim dividend of 9.0p per share (1H23: 8.8p) up 2.3%, demonstrating their desire to deliver value to shareholders. The Board continues to review its dividend policy given the increased number of shares in issue following recent acquisitions since the policy was established, alongside the need to invest in scale, increased efficiency, and acquisitions. The Board currently maintains a progressive dividend policy, while maintaining an appropriate level of dividend cover. The interim dividend will be paid on 22 March 2024 to shareholders on the register at the close of business on 16 February 2024, with an ex-dividend date of 15 February 2024.
Renishaw plc have declared an Interim dividend of 16.8p per share
The Renishaw Board has approved an interim dividend of 16.8 pence net per share (FY2023: 16.8p), which will be paid on 9 April 2024 to shareholders on the register on 8 March 2024.
Shell plc announce an interim of $0.344
The Board of Shell plc (the “Company”) today announced an interim dividend in respect of the fourth quarter of 2023 of US$ 0.344 per ordinary share.
GSK Plc announce an increased dividend of 16p declared for Q4 2023
The GSK Board has declared a fourth interim dividend for 2023 of 16.00p per share (Q4 2022: 13.75p per share).
Diageo plc have declared interim dividend increased by 5% to 40.50 cents per share
Diageo plc have declared an interim dividend of 40.50 cents per share will be paid to holders of ordinary shares and US ADRs on register as of 1 March 2024. The ex-dividend date is 29 February 2024. This represents an increase of 5% on last year's interim dividend. The interim dividend will be paid to holders of ordinary shares and US ADRs on 17 April 2024. Holders of ordinary shares will receive their dividends in sterling unless they elect to receive their dividends in US dollars by 15 March 2024. The dividend per share in pence to be paid to ordinary shareholders will be announced approximately two weeks prior to the payment date and will be determined by the actual foreign exchange rates achieved by Diageo buying forward contracts, entered into during the three days preceding the announcement. A dividend reinvestment plan is available to holders of ordinary shares in respect of the interim dividend and the plan notice date is 15 March 2024.
Wynnstay Group have proposed final dividend of 11.75p
The Board is to propose an increased final dividend of 11.75p per share (2022: 11.60p). This together the interim dividend of 5.50p per share, paid on 31 October 2023, takes the total dividend for the year of 17.25p (2022: 17.00p), a 1.5% rise on the previous financial year. Subject to shareholder approval, the final dividend will be paid on 30 April 2024 to shareholders on the register as at 2 April 2024.
SThree plc declares final dividend of 11.6 pence per share, taking full year dividend to 16.6 pence per share
SThree plc management proposed a final dividend of 11.6 pence per share, which taken together with the interim dividend of 5.0 pence per share, gives the total dividend for the year of 16.6 pence per share, an increase of 4% over the prior year. This is in line with the firm's policy to offer shareholders long-term ordinary dividend growth within a targeted cover range of 2.5x to 3.0x and forms part of their wider capital allocation policy.
NCC Group announce an unchanged interim dividend of 1.50p (H1 2023: 1.50p) per ordinary share declared
The NCC Group Board is declaring an unchanged interim dividend of 1.50p per ordinary share (H1 2023: 1.50p).
LPA Group announce a proposed dividend of 1p
LPA Group announce a final dividend of 1p per share (2022: nil) has been declared for the year ended 2023.
Titon Holdings announce a proposed final dividend of 0.5 pence per share
The Titon Holdings Directors are proposing a final dividend of 0.5 pence per share (2022: 0.5 pence). The total dividend for the year will therefore be 1.0 pence per share (2022: 2.0 pence). If approved by shareholders at the forthcoming Annual General Meeting on 26 March 2024, the dividend will be payable on 5 April 2024 to shareholders on the register at 23 February 2024. The ex-dividend date is 22 February 2024.
IG Group Holdings Plc announce an increased interim cash dividend to 13.56 pence per share
The IG Group Holdings Plc Board have proposed interim dividend for FY24 of 13.56 pence per share, totalling approximately £52.1 million, was approved by the Board on 24 January 2024. This dividend will be paid on 1 March 2024 to those members on the register at the close of business on 2 February 2024.
Idox announce a proposed final dividend increased by 20% to 0.6p per share
The Board has proposed an increased final dividend of 0.6p (2022: 0.5p) for FY23. Subject to approval at the AGM, the final dividend will be paid on 12 April 2024 to shareholders on the register as at 2 April 2024.
Hargreaves Services announce an interim dividend of 18.0pence per share
The Hargreaves Services Board announce an interim dividend of 18.0p (2022: 3.0p) reflects the cash generative nature of the Group and the continued expectation of recurrent cash returns from HRMS. The 18.0p interim dividend represents 50% of the Board's expected full year dividend.
Crest Nicholson Holdings propose a final dividend of 11.5 pence per share
The Crest Nicholson Holdings Plc Board proposes to pay a final dividend of 11.5 pence per share for the financial year ended 31 October 2023 which, subject to shareholder approval, is expected to be paid on 23 April 2024 to shareholders on the Register of Members on 22 March 2024. This is in addition to the 5.5 pence per share interim dividend that was paid in October 2023. The Group expects to revert to its policy of dividend cover of 2.5 times for FY24, having deviated from policy in FY23 to meet their commitment to maintain the same cash dividend as FY22.
701-750 of 7428
