Recent articles for private investors with a focus on dividend announcements

Synthomer PLC announces an interim for 2021 of dividend of 8.7p
The interim dividend of 8.7 pence per ordinary share was approved by the Board on 4 August 2021 and will be paid on 4 November 2021 to members on the register at the close of business on 8 October 2021.

Serco Group PLC interim dividend of 0.8p per share, the first interim dividend since 2014
The Serco Group PLC Board has decided to declare an interim dividend of 0.8p in respect of the first half of 2021. The Board has decided, given the uncertainties last year, not to declare an interim dividend in 2020. They paid a final dividend of 1.4p per share in respect of 2020, and if the normal approach of paying about one-third of an expected annual dividend at the interim stage and two-thirds at the Final stage had been followed, it would have implied an interim in 2020 of about 0.7p. An amount roughly equivalent to this was included in the calculation of the quantum of the share buyback programme announced in December 2020. In this context an interim dividend of 0.8p would represent an increase of around 15% on the 0.7p that was notionally foregone in 2020.

WPP is declaring an interim dividend of 12.5p, an increase of 25%
The WPP Board has recommended an interim dividend of 12.5p (2020: 10.0p) per ordinary share. This is expected to be paid on 1 November 2021 to shareholders on the register at 15 October 2021. The Board recommended a final dividend of 14.0p per ordinary share in respect of 2020. This was paid on 9 July 2021.

Hiscox LTD announce an interim dividend resumed at 11.5¢ per share
The Hiscox PLC Board has approved the decision to resume the payment of the interim dividend at 11.5 cents per share with a progressive dividend policy going forward. The record date for the dividend will be 13 August 2021 and the payment date will be 22 September 2021. The Board proposes to offer a Scrip alternative, subject to the terms and conditions of Hiscox's 2019 Scrip Dividend Scheme. The last date for receipt of Scrip elections will be 27 August 2021 and the reference price will be announced on 7 September 2021.

BP PLC has announced an increase in the second quarter dividend of 4% to 5.46
BP today announced an interim dividend of 5.46 cents per ordinary share which is expected to be paid on 24 September 2021 to ordinary shareholders and American Depositary Share (ADS) holders on the register on 13 August 2021. The ex-dividend date will be 12 August 2021. The corresponding amount in sterling is due to be announced on 14 September 2021, calculated based on the average of the market exchange rates over three dealing days between 8 September 2021 and 10 September 2021. Holders of ADSs are expected to receive $0.3276 per ADS (less applicable fees). The board has decided not to offer a scrip dividend alternative in respect of the second quarter 2021 dividend. Ordinary shareholders and ADS holders (subject to certain exceptions) will be able to participate in a dividend reinvestment programme.

Greggs announce an interim dividend of 15.0pence per share
Greggs last paid a dividend in October 2019, after which the planned final dividend for 2019 was cancelled in order to preserve cash in the early months of the pandemic. Whilst there are still significant uncertainties in the months ahead, they now have a strong cash position and additional financing facilities to draw on if required.

Genel Energy announce an interim dividend increased to 6¢ per share
The Genel Energy Board has approved an increase in the interim dividend from 5 cents to 6 cents, representing just under $3 million per annum, and reaffirms its commitment to the dividend being sustainable and progressive.

Direct Line PLC have declared an interim dividend of 7.6 pence per share
The Direct Line Board has declared an interim dividend of 7.6 pence per share, an increase of 2.7% over 2020. The Group's strong capital generation during the first half, alongside broadly flat capital requirements, resulted in a solvency capital ratio as at 30 June 2021 of 195% after the interim dividend.

NWF PLC have proposed to increase their total dividend, by 4.3% to 7.2p per share
The NWF Group Board is recommending a final dividend of 6.2p per share, to be paid to shareholders on 10 December 2021 (2020: 5.9p) giving a total dividend of 7.2p per share (2020: 6.9p), a 4.3% increase on the prior year. This is the tenth year that the Group has increased the dividend, highlighting continual sustained improvements in performance.

Keller PLC announce a maintained dividend of 12.6pence per share
Keller has consistently increased or maintained its dividend over the 27 years since first listing on the London Stock Exchange, through successive market cycles. The Board has considered the financial strength of the Group, its significant liquidity position and its longer-term confidence in the performance of the business, and has decided it would be appropriate to maintain the 2021 interim dividend consistent with that declared in respect of 2020 and has approved the payment of an interim dividend of 12.6p in respect of the half year ended 27 June 2021, payable on 10 September 2021 to shareholders on the register as at 20 August 2021.

Coats Group announce an interim dividend of 0.61 cents per share
The Coats Group Board is mindful of the importance of income to shareholders and, as a result of the strength of the Group's balance sheet, the continued encouraging recovery out of the Covid pandemic, and its confidence in the strategy and outlook for the Group, it is pleased to declare an ordinary interim dividend of 0.61 cents per share (2020 interim dividend: nil). The interim dividend will be paid on 16 November 2021 to ordinary shareholders on the register at 22 October 2021, with an ex-dividend date of 21 October 2021. The proposed full year dividend will be announced in March 2022 alongside the Full Year 2021 results.

Morgan Sindall announce an interim dividend up 43% to 30.0p per share
The Morgan Sindall Board of Directors has proposed an interim dividend of 30.0p per share, an increase of 43% on the prior year interim dividend. This will be paid on 26 October 2021 to shareholders on the register at 8 October 2021. The ex-dividend date will be 7 October 2021. In 2020, the interim dividend of 21.0p per share was proposed in November and paid in December 2020.

Taylor Wimpey announce 2021 interim dividend of 4.14 pence per share
Taylor Wimpey PLC announce a 2021 interim dividend to be paid in November 2021 of 4.14 pence per share amounting to c.£151 million in total in line with their Ordinary Dividend Policy to return c.7.5% of net assets to shareholders annually in two equal payments.

Ferrexpo announce an interim dividend of 39.6 US cents per share
Ferrexpo is to announce an interim dividend of 39.6 US cents per Ordinary Share payable on 26 August 2021 to shareholders on the register at the close of business on 13 August 2021. The ex-dividend date will be 12 August 2021. All dividends are paid in UK Pounds Sterling, with an election to receive in US Dollars.

Ibstock PLC announces an interim dividend of 2.5p per share
The Ibstock Board has decided to pay an interim dividend of 2.5 pence (2020: nil; 2019: 3.2 pence), reflecting the performance and cash generation of the business in the half, and the Board's confidence in the longer term outlook for the Group.

Domino's Pizza PLC will pay an interim dividend of 3.0p per share on 24 September 2021
The Domino's Pizza Directors have declared an interim dividend of 3.0p per share. This dividend will be paid on 24 September 2021 to those members on the register at the close of business on 13 August 2021.

The Rotork Board is declaring an interim dividend of 2.35p per share
Rotork PLC recognise the importance of a growing dividend to shareholders and are committed to a progressive dividend policy subject to satisfying cash requirements, which can vary significantly from year to year. The Board is declaring an interim dividend of 2.35p per share which is equivalent to 2.3 times cover based on adjusted earnings per share. The interim dividend will be payable on 24 September 2021 to shareholders on the register on 20 August 2021.

Legal & General announce an interim dividend of 5.18p, up 5%
The Legal & General Board has declared an interim dividend of 5.18p, up 5% from the prior year (4.93p). This is consistent with our stated ambition to grow the dividend at 3-6% per annum between 2021 and 2024.

Fresnillo PLC announce an interim dividend of 9.90 US cents per share
The Fresnillo Board of Directors has declared an interim dividend of 9.90 US cents per share totalling US$73.0 million to be paid on 15 September 2021 to shareholders on the register on 13 August 2021. This decision was made after a comprehensive review of the Company's and Group's financial situation, as well as the Company's distributable earnings, ensuring that the Group is well placed to meet its current and future financial requirements, including its development and exploration projects.

Travis Perkins announce an interim dividend reinstated at 12.0 pence per share
Travis Perkins PLC announce an interim dividend of 12.0p is proposed in respect of the year ending 31 December 2021. It will be paid on 5 November 2021 to shareholders on the register at the close of business on 1 October 2021. The shares will be quoted ex-dividend on 30 September 2021.

XP Power PLC announce first half dividend for 2021 of 37 pence per share
The XP Power Board has declared a dividend for the second quarter of 19.0 pence per share (2020: 18.0 pence per share). The ex-dividend date will be 9 September 2021 and the dividend will be paid on 14 October 2021 to shareholders on the register at the record date of 10 September 2021. The last date for election for the share alternative to the dividend under the Company’s Dividend Reinvestment Plan is 24 September 2021.

IMI PLC announce an interim dividend increased by 5% to 7.9pence per share
The IMI Board is recommending a 2021 interim dividend of 7.9p per share (2020: 7.5p per share). Payment will be made on 17 September 2021 to shareholders on the register at the close of business on 13 August 2021.

PRS REIT announce an interim dividend of 1.0. pence per ordinary share
The PRS REIT, the closed-ended real estate investment trust that invests in high-quality, new build, family homes in the private rented sector ("PRS"), is to declare today an interim quarterly dividend of 1.0 pence per ordinary share in respect of the fourth quarter period, covering 1 April 2021 to 30 June 2021.

RIT Capital Partners have declared a dividend of 17.625 pence per share for October
The RIT Capital Partners Board of Directors declared an interim dividend of 17.625 pence per ordinary share (£27.5 million) on 1 March 2021, which was paid on 30 April 2021. The Board has declared the payment of a second interim dividend of 17.625 pence per ordinary share (£27.5 million) in respect of the year ending 31 December 2021. This will be paid on 29 October 2021, to shareholders on the register on 1 October 2021. Both payments are funded from accumulated capital profits.

HSBC Holdings have announced an interim dividend for 1H21 of $0.07 per ordinary share
On 2 August 2021, the HSBC Holdings Directors approved an interim dividend for the 2021 half-year of $0.07 per ordinary share in respect of the financial year ending 31 December 2021. This distribution amounts to approximately $1,430m and will be payable on 30 September 2021. No liability is recognised in the financial statements in respect of these dividends.

Tetragon Financial declare a dividend of U.S.$ 0.10
On 28 July 2021, the Board of Directors of Tetragon declared a dividend of U.S.$ 0.10 (10.00 cents) per share in respect of the second quarter of 2021. The ex-dividend date is 2 August 2021. The record date is 3 August 2021. Payment of the dividend will take place from 26 August 2021.

ConvaTec announce an interim dividend of 1.717 cents declared
The ConvaTec Board is declaring an interim dividend of 1.717 cents per share, in line with the 2020 interim dividend. The Board maintains its stated policy of 35% to 45% of adjusted net profit for full year dividends.

Pearson PLC announce an Interim dividend of 6.3p declared, an increase of 5%
Pearson PLC announces that the dividend accounted for in the six months to 30 June 2021 is the final dividend in respect of 2020 of 13.5p. An interim dividend for 2021 of 6.3p was declared by the Board in July 2021 and will be accounted for in the second half of 2021.

Intertek PLC announce an interim dividend payment of 34.2p
The Intertek Board has approved an interim dividend of 34.2p per share, which is in-line with both prior year (H1 20: 34.2p) and H1 19. The dividend will be paid on 7 October 2021 to shareholders on the register at 17 September 2021.

NatWest Group interim dividend of 3pence per share is propose
The 2020 final dividend was approved by shareholders at the Annual General Meeting on 28 April 2021 and the payment made on 4 May 2021 to shareholders on the register at the close of business on 26 March 2021. NatWest Group plc announces an interim dividend for 2021 of £347 million, or 3p per ordinary share. The interim dividend will be paid on 17 September 2021 to shareholders on the register at close of business on 13 August 2021. The ex-dividend date will be 12 August 2021.

Rightmove PLC announce an interim dividend for 2021 of 3.0p per ordinary share
Consistent with the policy of growing dividends in line with the increase in Underlying EPS, the Rightmove PLC Directors are recommending an interim dividend of [3.0p] per ordinary share, which will be paid on 29 October 2021 to all shareholders on the register at 1 October 2021.

Jupiter Fund Management interim dividend unchanged at 7.9p per share
Jupiter Fund Management has a progressive ordinary dividend policy, with an intention for the ordinary dividend pay-out ratio to be 50% of underlying EPS across the cycle. In the event that the current year profits are lower than in previous years, the Group has maintained the ordinary dividend at the previous high water mark pence per share level, subject to the Group's financial strength and future outlook. The Board normally makes additional returns of capital to shareholders after retaining sufficient earnings for capital and growth and investments. These additional returns have previously been made through a special dividend.

Essentra PLC announce an interim dividend of 2.0p per share declared
The Essentra PLC Board of Directors has approved an interim dividend of 2.0 pence per 25 pence ordinary share (HY 2020: nil). The interim dividend will be paid on 29 October 2021 to equity holders on the share register on 24 September 2021: the ex-dividend date will be 23 September 2021. Essentra operates a Dividend Re-Investment Programme ("DRIP"), details of which are available from the Company's Registrars, Computershare Investor Services PLC: the final date for DRIP elections will be 8 October 2021.

Smith and Nephew announce an interim dividend of 14.4¢
Smith and Nephew PLC announce an interim dividend of 14.4¢ per share (28.8¢ per ADS), in line with 2020. This equates to 10.5p per share at prevailing exchange rates as of 23 July 2021. The interim dividend is payable on 27 October 2021 to shareholders whose names appear on the register at the close of business on 1 October 2021.

Weir Group PLC announce interim dividend of 11.5 pence per share
With confidence in their strategy and future prospects, combined with their strengthened balance sheet, the Weir Group PLC Board has decided to resume dividend payments and has today announced an interim dividend of 11.5 pence per share, which is 33% of adjusted EPS for the period, in line with their capital allocation policy of returning a third of EPS through the cycle.

Spectris PLC have announced an interim dividend of 23.0 pence per share an increase of 5%
An interim 2021 dividend of 23.0p per share has been declared by the Spectris PLC Board and will be payable on 12 November 2021 to ordinary shareholders on the register at the close of business on 8 October 2021.

Bodycote PLC announces an interim dividend of 6.2p per share
The Bodycote Board has decided that an interim dividend for 2021 of 6.2p (2020: 6.0p) will be paid on 5 November 2021 to all shareholders on the register at close of business on 8 October 2021.

Drax PLC announce an interim dividend of 7.5 pence per share
On 28 July 2021, the Drax PLC Board resolved to pay an interim dividend of 7.5 pence per share (£30 million), representing 40% of the expected full year dividend in line with their dividend policy. The interim dividend will be paid on 8 October 2021 and the record date for entitlement to the dividend will be on 27 August 2021.

BAE Systems have declared an interim dividend of 9.9p per share
The BAE Systems directors have declared an interim dividend of 9.9p per share in respect of the half year ended 30 June 2021. This dividend will be payable on 30 November 2021. The directors have also approved a new share buyback programme of up to £500m over the next 12 months, which will commence immediately.

Elementis PLC cut interim dividend
The Elementis Board recognise the importance of a dividend to their shareholders. However, given the elevated financial leverage and continued COVID-19 related macroeconomic uncertainty the Board has decided it is prudent to preserve cash and will not be declaring an interim dividend for 2021. The Board will keep future dividends under review and will restart payments as soon as it is appropriate to do so.

Anglo American has proposed a dividend of $1.71 per share
In line with the Anglo American Group's established dividend policy to pay out 40% of underlying earnings, the Board has proposed a dividend of $1.71 per share (30 June 2020: $0.28 per share), equivalent to $2.1 billion (30 June 2020: $0.3 billion).

Vesuvius PLC Interim dividend of 6.2p (2020: 3.1p), an increase of 100% versus 2020
The Vesuvius PLC Board has declared an interim dividend of 6.2 pence per share (2020: 3.1p per share), which represents an increase of 100% compared to our 2020 interim dividend. The interim dividend will be paid on 17 September 2021 to shareholders on the register at the close of business on 6 August 2021. Any shareholder wishing to participate in the Vesuvius Dividend Reinvestment Plan needs to have submitted their election to do so by 26 August 2021.

Devro PLC the Board has declared increased interim dividend of 2.8p
The final dividend for FY 2020 was paid by The Devro Board on 20 July 2021. The Board has recommended an interim dividend of 2.8 pence which will be paid on 14 January 2022 to shareholders on the register at 3 December 2021.

Diageo PLC announce an increased recommended final dividend of 5% to 44.59 pence per share
The Diageo group aims to increase the dividend each year and the decision in respect of the dividend is made with reference to dividend cover as well as current performance trends including sales and profit after tax together with cash generation. Diageo targets dividend cover (the ratio of basic earnings per share before exceptional items to dividend per share) within the range of 1.8-2.2 times. For the year ended 30 June 2021 dividend cover is 1.6 times. The recommended final dividend for the year ended 30 June 2021, to be put to the shareholders for approval at the Annual General Meeting is 44.59 pence, an increase of 5% on the prior year final dividend. This brings the full year dividend to 72.55 pence per share, an increase of 4% on the prior year. They will keep future returns of capital, including dividends, under review through year ending 30 June 2022 to ensure they allocate Diageo's capital in the best way to maximize value for the business and their stakeholders.

Inchcape announce a declaration of 6.4p interim dividend
The Inchcape PLC Board has declared an interim ordinary dividend of 6.4p per ordinary share which will be paid on 3 September 2021 to shareholders on the register at close of business on 6 August 2021. The Dividend Reinvestment Plan is available to ordinary shareholders and the final date for receipt of elections to participate is 12 August 2021.

Rentokil Initial PLC announce an interim dividend of 2.09p per share
In view of Rentokil Initial's performance in the first half of 2021 and their confidence for H2, the Board is declaring an interim dividend payment of 2.09p, a 38% increase on H1 2019, payable to shareholders on the register at the close of business on 6 August 2021 and to be paid on 13 September 2021. The last day for DRIP elections is 20 August 2021.

Lloyd's Bank PLC announce an interim ordinary dividend of 0.67 pence per share
In respect of the first half of 2021 and following the PRA update of 13 July 2021, the Lloyds Bank PLC Board has announced an interim ordinary dividend of 0.67 pence per share, reintroducing a progressive and sustainable ordinary dividend policy.

The Schroders Board has recommended an interim dividend of 37 pence per share, which represents a 6% increase
Reflecting the Schroders Group's strong capital position and financial performance, the Board has declared an interim dividend of 37.0 pence per share (H1 2020: 35.0 pence per share). The dividend will be paid on 23 September 2021 to shareholders on the register at 20 August 2021.

Foxtons Group PLC announce an interim dividend of 0.18p declared
The Foxton Group's ordinary dividend policy is to return 35-40% of profit after tax to shareholders as an ordinary dividend. In the first half of the year the Group made a profit after tax of £3.1m after excluding one-off non-cash charges of £7.0m relating to deferred tax remeasurement charge (£6.3m) and non-cash adjusted items (£0.7m) recognised during the period. Based upon the first half performance and the momentum in the business, the Board has made the decision to re-instate the dividend with a payment of 0.18p per share for the half year period. Payment will be made on 28 September 2021 to shareholders on the register at close of business on 27 August 2021. The shares will be quoted ex-dividend on 26 August 2021.

Man Group PLC announce an interim dividend increased by 14% to 5.6 cents per share
Man Group's ordinary dividend policy is progressive, taking into account the growth in the firm's overall earnings. Man Group's policy is to distribute available capital to shareholders over time by way of higher dividend payments and/or share repurchases, while maintaining a prudent balance sheet after taking into account required capital and potential strategic opportunities. Whilst the Board continues to consider dividends as the primary method of returning capital to shareholders, it will continue to execute share repurchases when advantageous.
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