Recent articles for private investors with a focus on dividend announcements

Barratt declares final ordinary dividend per share of 19.5p together with a 17.3p special dividend per share, resulting in a total dividend for the financial year of 46.4p
The Barrett Board proposes to pay a final ordinary dividend of 19.5 pence (2018: 17.9 pence) per share for the financial year ended 30 June 2019, which subject to shareholder approval, will be paid on Tuesday 5 November 2019 to shareholders on the register at the close of business on Friday 11 October 2019. Together with the interim ordinary dividend of 9.6 pence per share (2018: 8.6 pence per share), which was paid in the year, this gives a total ordinary dividend for the year of 29.1 pence per share (2018: 26.5 pence per share). With basic earnings per share of 73.2 pence (2018: 66.5 pence) the ordinary dividend is therefore covered around 2.5 times by earnings, in line with their ordinary dividend policy.

Just Group fail to reinstate an interim dividend
Just Group have stated previously that they expected to recommence dividend payments for the 2019 financial year at a rebased level of around one third of the amount paid in 2017. Regulatory and economic uncertainty mean the directors are not recommending the payment of an interim dividend. They will revisit their dividend policy with their full year results, informed by their capital position and the outlook at that time.

Dunelm announces a final dividend of 20.5p and a special dividend of 32.0p
The Dunelm Board has recommended an increased final dividend of 20.5 pence per share, bringing the total ordinary dividend for the full year to [28.0] pence per share, an increase of 5.7% on the previous year. As a result of their strong cash flow generation this year, which reduced their net debt position, and in line with their policy, the Board has also declared a special dividend of 32.0 pence, to be paid in October 2019.

Restaurant Group announce interim dividend of 2.1p per share, in line with policy
The Restaurant Group Board has proposed an interim dividend of 2.1p, reflecting the Board's policy of paying a dividend covered two times by adjusted profit after tax. The interim dividend will be paid on 10 October 2019 to shareholders on the register on 13 September 2019 and shares will be marked ex-dividend on 12 September 2019.

Belvoir announce interim dividend to be maintained at 3.4p with interim dividend cover at 2.0x
The Belvoir board is proposing that the interim dividend for 2019 be maintained at 3.4p per share. The Group aims to offer a reliable and growing income stream to investors whilst also investing in the business to further its strategic growth objectives.

Dechra Pharmaceuticals full year dividend increased by 23.9% to 31.60 pence.
The Board is proposing a final dividend of 22.10 pence per share (2018: 18.17 pence per share). Added to the interim dividend of 9.50 pence per share, this brings the total dividend for the financial year ended 30 June 2019 to 31.60 per share, representing 23.9% growth over the previous year.

Clipper Logistics dividend per share increased by 15.5% to 9.7p
The Clipper Logistics Board is recommending a final dividend of 6.5 pence per share, making a total dividend in respect of the year ended 30 April 2019 of 9.7 pence (2018: 8.4 pence), an increase of 15.5%. The proposed final dividend, if approved by shareholders, will be paid on 23 October 2019 to shareholders on the register at the close of business on 20 September 2019.

Emis announces an increase of 10% in their interim dividend to 15.6p per share
The Emis Board has taken into account the consistent underlying growth of the Group, together with its future prospects, and has therefore declared a 10% increase in the interim dividend to 15.6p (2018 H1: 14.2p) per share, payable on 1 November 2019 to shareholders on the register at the close of business on 27 September 2019, which will be payable on 1 November 2019 to shareholders on the register at 27 September 2019. This interim dividend, which will amount to approximately £9,795,000, has not been recognised as a liability in these half year financial statements.

Grafton have announced an 8% increase in dividend in line with their dividend policy
Graftons interim dividend has been increased by 8.3 per cent to 6.50p from 6.00p. The increase is in line with the Board's progressive dividend policy which is based on increasing dividends as earnings grow.

Hunting declare interim dividend of 5.0 US cents
Hunting have declared an interim dividend of 5.0 cents declared (H1 2018 - 4.0 cents), absorbing cash of approximately $8.3m (H1 2018 - $6.6m), payable to shareholders on 23 October 2019, with a record date of 4 October 2019.

Regional Reit declare a dividend of 1.90p per share
Regional Reit will pay a dividend of 1.90 pence per share for the period 1 April 2019 to 30 June 2019. The dividend payment will be made on 15 October 2019 to shareholders on the register as at 6 September 2019. The ex-dividend date will be 5 September 2019. The entire dividend will be paid as a REIT property income distribution ("PID").

Chesnara announce a 3% dividend increase to 7.43p per share
Chesnara have announced their Economic Value at £645.1m, which is 3% higher than at the end of 2018, after payment of the 2018 final dividend of £20.2m, despite the negative impact of a weakening Swedish krona. The results in the period support the continued growth of the dividend to 7.43p per share (2018 interim: 7.21p per share).

Hays propose a 4% increase to 3.97p per share and a special dividend of 5.43p per share
Hays have proposed an increase in full-year core dividend of 4%, in line with earnings, to 3.97p per share and special dividend of £79.7m, up 9% to 5.43p per share. Total full-year dividends of £137.9m (2018: £128.3m)

Computacenter announce a dividend increase of 16.1% to 10.1 per share
Computacenter announce an interim dividend of 10.1 pence per share (H1 2018: 8.7 pence per share). This is in line with their policy that the interim dividend will be approximately one third of the previous year's full dividend. The interim dividend will be paid on Friday 11 October 2019. The dividend record date is Friday 13 September 2019, and the shares will be marked ex-dividend on Thursday 12 September 2019.

South32 decrease full-year dividend 25% and special dividend 43%
South32 have announced a decrease of 25% in their full-year dividend to 7.90 US cents, down from 10.50 US cents. They have also announced a decrease in their special dividend, from 3.0 to 1.7 US cents.

Rank Group announces 3% increase in full-year dividend
The Rank Board is pleased to recommend a final dividend of 5.5 pence per share to be paid on 29 October 2019 to shareholders on the register on 20 September 2019. This will take the full year dividend to 7.65 pence per share, up 3% on the previous year.

Antofagasta announces an interim dividend increase of 57.4% to 10.7 US cents per share
Antofagasta announces an interim dividend of 10.7 cents per share, equivalent to a payout ratio of 35% of Net Earnings. An increase of 57.4% on last year's interim.

Playtech PLC announce a balance of dividend payments and share buy-backs
The progress on balance sheet efficiency coupled with the Group's continued levels of cash generation has allowed the Playtech Board to introduce greater flexibility into its shareholder returns policy by transitioning to a balance of dividends and share buy-backs. In H1 the Group successfully completed a €40 million share buyback programme and the continued strong performance of the core business and confidence in further progress in 2019 has allowed the Group to launch a further €25 million buyback programme and declare an interim dividend of 6.1€ cents a share.

Wood Group (John) announces 0.9% increase of their interim dividend
Wood Group (John) have proposed an interim dividend of 11.4c, up 1% in line with progressive dividend policy

BHP announce record final dividend of 78 US cents per share
BHP have declared a record final dividend of 78 US cents per share, which includes an additional amount of 25 US cents per share (equivalent to US$1.3 billion) above the 50% minimum payout policy. Total ordinary dividends announced of US$1.33 per share or US$6.7 billion, equivalent to a 74% payout ratio.

Kaz declares interim dividend of 4.0 US cents
The Board has declared an interim dividend of 4.0 US cents per share in respect of the first half of 2019, down from 6.0 US cents. KAZ Minerals PLC, the parent company of the Group, is a non-trading investment holding company and derives its profits from dividends paid by subsidiary companies.

Marshalls declares dividend increase of 18% per share, from 4.0p to 4.7p
The Marshalls board has declared an interim dividend of 4.70 pence (2018: 4.00 pence) per share, an increase of 18 per cent, reflecting the strong cash generation and the Group's continuing progressive dividend policy. The Board will continue to adhere to the Group's capital allocation policy and the policy of maintaining a 2 times dividend cover.

GVC declare 10% increase in dividend to 17.6p per share
GVC declare they will pay an interim dividend of 17.6p, reflecting an increase of 10% compared to last year, and in-line with the new policy of double-digit year-on-year increases.

Clarkson increase dividend for 16th consecutive year to 25p per share
Clarkson have increased their dividend by 1p per share to 25p per share. The Company has now delivered 16 years of consecutive dividend growth.

Aviva increases dividend by 3% to 9.50p per share
The Aviva Board of Directors has declared an interim dividend of 9.50 pence per share, an increase of 3%. The interim dividend is consistent with our progressive dividend policy and reflects the underlying performance of the business.

Savills increases interim dividend by 3%
The Savills Board has declared an interim dividend of 4.95p per share (2018: 4.8p), supported by the performance of the Group's less transactional businesses. The interim dividend of 4.95p per share will be payable on 2 October 2019 to shareholders on the register on 5 September 2019.

Hargreaves Lansdown declares a total dividend of 42.0p per share
The Board of Hargreaves Lansdown has declared a 2019 total ordinary dividend of 33.7 pence per share (2018: 32.2p), 5% ahead of last year. This is in line with EPS growth and maintains the ordinary dividend payout ratio at 65%. In addition, the Board has declared a special dividend of 8.3 pence per share (2018: 7.8p). The 2019 total dividend of 42.0 pence per share (2018: 40.0p) is up 5% and results in a total dividend payout ratio of 80.6% (2018: 80.6%). Subject to shareholder approval of the final dividend at the 2019 AGM, the final and special dividends will be paid on 18 October 2019 to all shareholders on the register at the close of business on 27 September 2019.

Derwent London raise interim dividend 9.9%
Derwent London have raised their interim dividend by 9.9% to 21.00p from 19.10p per share in 2018

Arrow Global increases interim dividend by 10% to 4.4p
Arrow Global will pay a 4.4p interim dividend, an increase of 10% from the H1 2018 interim dividend of 4.0p. This is in line with the Group's policy to pay 50% of the previous year's final dividend.

Evraz announces interim dividend of $0.35 per share
Evraz has announced interim dividend for 2019 of US$508.17m (US$0.35 per share) has been declared, reflecting the Board's confidence in the Group's financial position and outlook.

ContourGlobal announces dividend increase of 10% in line with their dividend policy
ContourGlobal have proposed quarterly dividend of USD 3.6901 cents per share, equivalent to $24.75 million, reflecting their commitment to 10% year on year dividend growth supported by ContourGlobal's strong and predictable cash flow generation.

Morgan Sindall announces interim dividend up 11% to 21p per share
Morgan Sindall have announced an increase in their interim dividend of 11% to 21p per share from 19.0p.

Page Group announce 4.9% increase in their interim dividend and a special dividend
Page group have announced they are to increase their Interim dividend by 4.9% to 4.30 pence per share, totalling £13.9m. They have also announced a special dividend of 12.73 pence per share, totalling £41.0m

Spirax-Sarco announces dividend increase of 10%
Spirax-Sarco have announced an increase in their interim dividend of 10%, from 29.0p to 32.0p.

Legal and General announce dividend increase of 7.2%
Legal and General have announced an interim dividend of 4.93p per share, an increase of 7.2% from 4.6p per share.

Meggitt have increased their interim dividend by 5% to 5.55p
Meggitts interim dividend is up 5% to 5.55p from 5.30p reflecting continued confidence in the prospects for the Group.

Intercontinental Hotels increase interim dividend by 10% to 39.9¢
Intercontinental Hotels have increased their interim dividend from 36.3¢ to 39.9¢, a 10% increase.

Genel Energy declares interim dividend of 5¢ per share
Genel Energy has declared an interim dividend of 5¢ per share, after declaring their maiden final dividend of 10¢ per share for the 2018 financial year.

Synthomer increase interim dividend by 8.1%
Synthomer have increased their interim dividend to 4.0p per share reflecting an 8.1% increase.

IWG announces 10.3% increase in its interim dividend
IWG have proposed a 10.3% increase in its interim dividend, to 2.15p.

Quilter announces maiden interim dividend at 1.7pence per share
Quilter plc reports 5% growth in adjusted profit before tax to £115 million and an interim dividend of 1.7 pence per share for the first time.

BBA increase interim dividend 5% to 4.2¢
BBA have increased their interim dividend increased by 5% to 4.2¢ reflecting continued confidence in the Group's future growth prospects and free cash generation.

Senior declares 4.1% increase in dividend
The Board has approved an interim dividend of 2.28 pence per share, an increase of 4.1% over the prior year (H1 2018: 2.19 pence). It will be paid on 29 November 2019 to shareholders on the register at the close of business on 1 November 2019.

HSBC maintains dividend
On a day where chief executive John Flint abruptly stepped down, HSBC have declared that they have decided to maintain their dividend at $0.31 per share.

Royal Bank of Scotland announces interim dividend of 2.0p and a special dividend
RBS today announces an interim ordinary dividend of 2p and a special dividend of 12p, representing £1.7 billion being returned to shareholders.

Equiniti increase their interim dividend by 7.1%
Equiniti have increased their interim dividend. There has been a growth of 7.1% to 1.95 pence per share, in line with their progressive dividend policy which targets distribution of c30% of underlying profit attributable to ordinary shareholders each year.

Ferrexpo double their dividend to 6.6 US cents
Ferrexpo have declared an interim ordinary dividend that is up 100% to 6.6 US cents (1H 2018: 3.3 US cents)

Rio Tinto have announced a 19% increase in their dividend
Rio Tinto has announced returns to shareholders of $3.5 billion including interim dividend of $2.5 billion and special dividend of $1.0 billion and a 151.1 dividend per share (US cent), a 19% increase from 127.0.
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