Recent articles for private investors with a focus on dividend announcements
Daejan Holdings plc have announced an interim dividend of 35p per share will be paid on 6 March 2020 to shareholders on the register on 7 February 2020
An interim dividend of 35p per share will be paid on 6 March 2020 to shareholders on the register on 7 February 2020.
Ionmart announce an interim dividend of 2.60p per share, a 6% increase
Maintaining a progressive dividend policy and recognising their confidence in the future, Iomart will pay an interim dividend of 2.60p per share (H1 2019: 2.45p) on 31 January 2020 to shareholders on the register on 20 December 2019, with an ex-dividend date of 19 December 2019. This dividend represents an increase of 6% on the interim dividend of last year and a pay-out ratio of 31% of the adjusted diluted earnings per share for the interim period.
London Metric announces a dividend up 5.3% to 4.0p, 114% covered, including a Q2 interim dividend declared today of 2.0p
London Metric has continued to declare quarterly dividends and has offered shareholders a scrip alternative to cash payments.
Empiric Student Property plc declares a quarterly dividend of 1.25p per share
The board of Empiric Student Property plc has declared a dividend of 1.25 pence per Ordinary Share in respect of the quarter ended 30 September 2019, payable on 20 December 2019 to all Ordinary Shareholders on the register on 6 December 2019. The ex-dividend date will be 5 December 2019.
Marston's announce maintained final dividend of 4.8p per share
The Marston's proposed final dividend of 4.8 pence per share provides a total dividend for the year of 7.5 pence per share, in line with 2018. Dividend cover is 1.8 times. In the medium term, their dividend policy remains to maintain cover of around 2 times. The Board is committed to maintaining the dividend at the current level during this period of debt reduction focus.
Pets at Home announce a maintained interim dividend of 2.5p per share
The Pets at Home Board has recommended an interim dividend of 2.5 pence per share, equal with the prior year. The interim dividend will be payable on 10 January 2020 to shareholders on the register at the close of trading on 6 December 2019. First anniversary of launching their pet care strategy.
UDG Plc have proposed a 5% increase in final dividend to 12.34 $ cent per share, yielding a full year dividend increase of 5% to 16.80 $ cent per share.
The directors are proposing a final dividend of 12.34 $ cent per share representing an increase of 5% on the 2018 final dividend of 11.75 $ cent per share. This represents 5% growth in the total dividend for the year to 16.80 $ cent per share. This continues the Group's 30 year history of consistently increasing dividends.
Shaftesbury Plc announce a total dividend for the year, 17.7p. +5.4% , with a final dividend of 9.0p per share
The Board has recommended a final dividend of 9.0p per share, an increase of 5.9% on last year's final dividend of 8.5p. If approved at the 2020 AGM, the total dividend for the year will be 17.7p per share, an increase of 5.4% on last year (16.8p).
De La Rue announce a dividend cut
The De La Rue Board has decided to suspend future dividend payments in order to manage net debt levels as one of the measures undertaken to respond to the identified material uncertainty.
Caledonia Investments Plc announce continued growth in dividends to shareholders, with the interim increased by 3.1% to 16.6p per share
The Caledoonia Investment Plc board has declared an interim dividend of 16.6p per share, an increase of 3.1% on last year's interim. This will be paid to shareholders on 9 January 2020.
Paragon Banking announce an increased dividend of 9.3% to 21.2 pence per share
The Company's previously announced dividend policy of paying out approximately 40% of consolidated earnings to shareholders remains in place, achieving a dividend cover ratio of around 2.5 times, in ordinary circumstances. During July 2019 an interim dividend of 7.0 pence per share was paid, determined, in accordance with the Group's stated policy, as 50% of the previous year's final dividend.
Greencore Plc announce propose a total dividend increase of 11.3% to 6.20 pence
The Greencore Board of Directors are recommending a final dividend of 3.75 pence per share. This will result in a total dividend for the full year of 6.20 pence per share (FY18: 5.57 pence per share). The total dividend represents a pay-out amount of approximately 36% of Adjusted Earnings.
Renew Holdings proposes an increased final dividend of 7.67p per share
The Renew Plc Board proposes a final dividend of 7.67p per share (2018: 6.67p) to be paid on 6 March 2020 to shareholders on the register as at 31 January 2020. The ex-dividend date will be 30 January 2020. This will represent a full year dividend of 11.5p per share (2018: 10.0p) reflecting their confidence in the Group's future prospects.
Cranswick announce interim dividend increase of 5.0 per cent
The Cranswick interim dividend is being increased by 5.0 per cent to 16.7 pence per share from 15.9 pence per share previously. The dividend will be paid on 24 January 2020 to Shareholders on the register at the close of business on 13 December 2019. Shareholders will again have the option to receive the dividend by way of a scrip issue.
Pennon announce interim dividend per share up +6.4% to 13.66p
For H1 2019/20, the Board has declared an interim dividend of 13.66p, an increase of 6.4%. The interim dividend will be paid on 3 April 2020 to shareholders on the register on 24 January 2020. Pennon offers shareholders the opportunity to invest their dividend in a Dividend Reinvestment Plan (DRIP).
Compass Group Plc announce a full year dividend up 6.1% in line with constant currency earnings per share
The Compass Group Plc dividend policy is to grow the dividend in line with growth in underlying constant currency earnings per share.
Syncona cut dividend
During the period ended 30 September 2019, Syncona declared and paid a dividend of 2.3p per share amounting to £15,208,113 (September 2018: £15,178,477) relating to the year ended March 2019 (March 2018). The dividend was comprised of £13,246,248 cash (September 2018: £12,157,469) and a scrip dividend of £1,961,865 (September 2018: £3,021,008). The Directors believe that it is no longer appropriate for the Group to pay a dividend.
Severn Trent announce interim dividend of 40.03p
The Severn Trent Board has declared an interim ordinary dividend of 40.03p per share (2018/19: 37.35p per share), which will be paid on 3 January 2020 to shareholders on the register at 29 November 2019.
Dart Group announces an increased interim dividend of 3.0p per share
The declared interim dividend of 3.0p per share (2018: 2.8p) will be paid out of the Company's available distributable reserves on 3 February 2020, to shareholders on the register at 27 December 2019. In accordance with IAS 1, dividends are recorded only when paid and are shown as a movement in equity rather than as a charge to the Income Statement.
Johnson Matthey announce an interim dividend up 5% to 24.50 pence due to confidence in the group's future prospects
The board approved an increase of 5% in the interim dividend to 24.50 pence per share(1H 2018/19: 23.25 pence per share). The interim dividend will be paid to shareholders on 4thFebruary 2020, with an ex dividend date of 28th November 2019.
Helical Plc announce interim dividend declaration of 2.70p per share, up 3.8%
Helical follows a progressive dividend policy of increasing its dividends whilst retaining the majority of funds generated for investment to grow the business. As the Group completes and lets its current development programme, it expects to be able to reflect the growth in earnings in increased dividends paid to Shareholders. The Company has proposed an interim dividend of 2.70p, an increase of 3.8% on the previous period (2018: 2.60p).
Mitie announce an interim dividend maintained at 1.33p, in line with policy
For H1 19/20, the Mitie Group Board has declared a dividend of 1.33p in line with last year and their stated policy of paying one third of the previous year's total dividend as an interim dividend.
Royal Mail has declared a decreased interim dividend of 7.5 pence per share, in line with new dividend policy
As expected, the Royal Mail Board has declared an interim dividend of 7.5 pence per share, down from 8.0 pence per share.
Investec declare an interim dividend of 11.0p per share, in line with the prior period.
An interim dividend number 35, being a gross dividend of 11 pence (2018: 11 pence) per ordinary share has been declared by the Investec Board from income reserves in respect of the six months ended 30 September 2019 payable to shareholders recorded in the shareholders' register of the company at the close of business on Friday, 06 December 2019.
Countryside Properties Plc announce final dividend of 10.3p per share
The Countryside Properties Plc Board recommends a final dividend of 10.3 pence per share. This reflects the Board's decision to change the dividend policy to a 40% pay-out ratio of adjusted earnings (from 30% previously) as announced at their half-year results in May. Subject to approval at the Annual General Meeting ("AGM") on 23 January 2020, the dividend will be paid on 7 February 2020 to shareholders registered at 20 December 2019. Together with the interim dividend of 6.0 pence per share, this will give a total dividend of 16.3 pence per share.
Euromoney announce total dividend up 2%
Euromoney's dividend policy targets a dividend pay-out ratio of approximately 40% of adjusted diluted earnings per share, with the half year dividend based on 33% of the previous year's total dividend, subject to the capital needs of the Group. The Directors are recommending a final dividend of 22.3 pence per share, which is subject to Shareholder approval at our AGM on 28 January 2020 and, if approved, will be paid on 13 February 2020 to shareholders on the register at the close of business on 29 November 2019. Together with the interim dividend, this makes a total dividend for the year ended 30 September 2019 of 33.1 pence per share, a 2% increase on the 32.5 pence dividend for the year ended 30 September 2018.
CMC announce interim dividend of 2.85 pence with a total dividend for the year expected to be in line with policy at 50% of profit after tax
CMC Markets are confident that maintaining the dividend policy at 50% of profit after tax should provide more stable and sustainable shareholder distributions going forward. The Board has declared an interim dividend of 2.85 pence per share (2019: 1.35 pence per share), with a view to paying a final dividend in line with the Group's policy. The interim dividend will be paid on 20 December 2019 to those members on the register at the close of business on 29 November 2019.
HICL infrastructure declare aggregate dividend for the year at 8.25p per share
The HICL infrastructure Plc are on target to deliver aggregate target dividends of 8.25p per share for the current financial year and the Board re-affirmed the 8.45p per share target dividend guidance for the next financial year, ending 31 March 2021.
Sage Group Plc announce an increase in full year dividend of 2.5% to 16.91p, maintained in line with the policy of maintaining the dividend in real terms
Sage will continue to maintain the dividend in real terms going forward and the FY19 full year dividend has increased by 2.5% to 16.91p.
SSP announce final dividend of 6.0 pence per share, bringing the full year ordinary dividend to 11.8 pence per share, up 15.7%
In line with the Group's stated priorities for the uses of cash and after careful review of its medium term investment requirements, the Board is proposing to maintain the dividend payout ratio for this year at 40%, the top end of the range stated in the IPO prospectus. This will equate to a final dividend of 6.0 pence per share (2018: 5.4 pence per share), which is subject to shareholder approval at the Annual General Meeting. If approved, this will result in a total ordinary dividend per share for the year of 11.8 pence (2018: 10.2 pence), an increase of 15.7%.
VPC Specialty Lending Investment Plc declare an interim dividend of 2.0p per share
The VPC Board of Directors of the Company has declared an interim dividend of 2.00 pence per share for the three-month period to 30 September 2019. The dividend will be paid on 19 December 2019 to shareholders on the register as at 29 November 2019. The ex-dividend date is 28 November 2019.
U and I announce a maintained interim dividend of 2.4 pence per share in line with the Board's previously stated policy
Consistent with their previously stated policy, the Board has declared an unchanged interim dividend of 2.4 pence per share, which will be payable on 20 December 2019 to shareholders on the register on 29 November 2019. During H2 they will consider, in conjunction with our shareholders, the Company's preferred method of distributing surpluses to shareholders.
United Utilities announce an interim dividend of 14.20p per share, an increase of 3.2%
The United Utilities Board has proposed an interim dividend of 14.20 pence per ordinary share, an increase of 3.2 per cent, in line with their policy of targeting an annual growth rate of at least RPI inflation through to 2020.
Babcock International Group announce interim dividend increase to 7.2p
Babcock International Group has received £37.3 million in dividends from its joint ventures (2018: £20.0 million). Cash dividends (including to minorities of £0.6 million) paid out in the year totalled £116.3 million (2018: £115.5 million). The Group expects dividends from its joint ventures to remain stable at around £45 million in 2019/20 and for the next two years before stepping down.
Liontrust Asset Management Plc announce first interim of dividend per share of 9.0 pence
In accordance with the Liontrust dividend policy, and to create more balance between the First and Second Interim dividends, the Board is declaring a First Interim dividend of 9.0 pence per share (2018: 7.0 pence) which will be payable on 3 January 2020 to shareholders who are on the register as at 29 November 2019, the shares going ex-dividend on 28 November 2019.
Halma Plc announce an interim dividend increase of 7%
The Halma Board has declared an increase of 7% in the interim dividend to 6.54p per share (2018/19: 6.11p per share). The interim dividend will be paid on 5 February 2020 to shareholders on the register on 24 December 2019.
Trifast announce an interim dividend maintained at 1.20p
Given the Trifast Board's confidence in the long-term future of the business and our ongoing strong profitability even in a period of macroeconomic uncertainty, the interim dividend has been maintained in line with the previous period. They have therefore declared an interim dividend of 1.20p(HY2019:1.20p). This will be paid on 9 April 2020, to shareholders on the Register as at 13 March 2020. The shares will become ex-dividend on 12 March 2020.
Homeserve announce an interim dividend up 12% to 5.8p.
Homeserve announce an interim dividend of 5.8p per share (HY19: 5.2p), an increase of 12%, which will be paid on 7 January 2020 to shareholders on the register on 6 December 2019.
Big Yellow announce 17.1 pence per share interim dividend
The Big Yellow Group's dividend policy is to distribute 80% of full year adjusted earnings per share. Given the dilutive impact of the September 2018 placing, they have declared an interim dividend of 17.1 pence per share, which is an increase of 2.4% on the prior period. This has all been declared as Property Income Distribution ("PID"). The total dividend for the full year will be determined in line with their stated policy.
Intermediate Capital announce interim ordinary dividend up 50% to 15.0p per share
The Intermediate Capital Board has approved an interim dividend of 15.0p, an increase of 50% on the prior year interim dividend and in line with the Company’s stated policy that the interim dividend will equate to a third of the prior year total dividend. The dividend will be paid on 14 January 2020 to shareholders on the register on 6 December 2019.
Telecom Plus announce an interim dividend increase of 8% to 27p per share
Telecom Plus have announced their interim dividend is being increased by 8% to 27p per share (2018: 25p) and will be paid on 13 December 2019 to shareholders on the register on 29 November 2019; the Company's shares will go ex-dividend on 28 November 2019.
Easyjet Plc propose a dividend of 43.9 pence subject to approval by shareholders
An ordinary dividend in respect of the year ended 30 September 2019 of 43.9 pence per share, or £174 million, based on headline profit after tax, is to be proposed at the forthcoming Annual General Meeting. These accounts do not reflect this proposed dividend.
Diploma Plc announces an increased dividend of 15% to 20.5p
The combination of strong results and free cash flow supported by a robust balance sheet has led the Diploma Board to recommend an increase in the final dividend of 15% to 20.5p per share (2018: 17.8p). Subject to shareholder approval at the Annual General Meeting ("AGM"), this dividend will be paid on 22 January 2020 to shareholders on the register at 29 November 2019.
TalkTalk maintain interim dividend of 1p per share
The Board has recommended an interim dividend of 1.00p (H1 FY19: 1.00p) in line with their previously stated dividend policy.
Future Plc announce a final dividend of 1p per share, double the previous year
The Future Plc Board is recommending a final dividend of 1p per share for the year ended 30 September 2019, payable on 14 February 2020 to all shareholders on the register at close of business on 17 January 2020.
Great Portland announce an interim dividend up 9.3%, to 4.7p per share
The Great Portland Board has declared an interim ordinary dividend of 4.7 pence per share (2018: 4.3 pence) which will be paid on 2 January 2020. All of this dividend will be a REIT Property Income Distribution (PID) in respect of the Group's tax-exempt property rental business.
Mediclinic International announce maintained dividend of 3.2p per share
Mediclinic International have declared an interim dividend per share that is maintained at 3.20 pence (1H19: 3.20 pence), with the Group applying its full-year dividend policy of 25% to 35% of adjusted earnings per share.
Urban Logistics REIT have declared an interim dividend of 3.75 pence per share, up 25% on prior year
Urban Logistics REIT has declared a first interim dividend of 3.75 pence per Ordinary Share in respect of the financial year ended 31 March 2020. This will be paid as a property income distribution ("PID") on 20 December 2019 to shareholders on the register at the close of business on 22 November 2019. The ex-dividend date will be 21 November 2019.
Prime People announce a maintained interim dividend of 1.80p
The Prime People Board will be declaring an interim dividend of 1.80p per share (2019: 1.80p) payable on 6 December 2019 to those shareholders on the register on 22 November 2019.
Stobart cut dividend
In recent years, Stobart's dividend has been largely funded from the sale of assets rather than operational cash generation. The Board believes that this practice is unsustainable and no longer in the interest of shareholders. Whilst the Group continues to hold a significant portfolio of non-strategic infrastructure assets, the Board, will continue to sell assets in such a way that optimises the value to the Group.
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