
Recent articles for private investors with a focus on dividend announcements

Howdens Joinery increases its 2015 interim dividend by 47%
Financial results (continuing operations)

Possible effects of the tax treatment of dividends from April 2016
The Telegraph online declared ‘Budget 2015 – Investors face tax raid on dividends’. Whilst this is true for those with large income portfolios, not everybody loses out and in fact those who do not currently invest in stocks and shares, there is now a tax incentive to do so.

GVC Holdings 2015 Q1 dividend
GVC Holdings PLC (AIM:GVC), the multinational sports betting and gaming group, today announces a positive trading update for the six months to 30 June 2015, along with announcing a quarterly dividend of 14.0€cents per share. The dividend will be payable on Monday 17 August 2014 to shareholders on the register on Friday 24 July 2014, and the shares will go ex-dividend on Thursday 23 July 2014.

Daejan Holdings increases its 2015 full year dividend by 7.3%
The Chairman, Mr B S E Freshwater, today announced Preliminary Results for the year to 31 March 2015.

Low & Bonar increases its 2015 interim dividend by 3.2%
6 months to
31 May
12 months
to 30 Nov
2015
2014
Actual
Constant Currency
2014
Revenue
£186.0m
£196.3m
(5.2)%
0.9%
£410.6m
Operating margin
6.8%
5.9%
7.7%
PBTA
£9.7m
£8.6m
12.8%
19.8%
£25.2m
Profit before taxation (statutory)
£7.4m
£5.2m
42.3%
£16.7m
Basic EPS
2.04p
1.86p
9.7%
16.6%
5.46p
Dividend per share
0.98p
0.95p
3.2%
2.70p
ROCE
11.8%
11.4%
11.4%

Greene King increases its 2015 full year dividend by 4.8%
Total group
F15 (52w)
F14 (53w)
Change
Change (52w basis)
Total revenue
£1,315.3m
£1,301.6m
+1.1%
+3.0%
Operating profit
£256.2m
£265.6m
-3.5%
-1.7%
Profit before tax
£168.5m
£173.1m
-2.7%
-0.8%
Statutory profit before tax
£118.2m
£105.2m
+12.4%
+14.5%
Adjusted basic earnings per share
61.0p
61.4p
-0.7%
+1.3%
Statutory basic earnings per share
40.9p
44.2p
-7.5%
-5.7%
Dividend per share
29.75p
28.4p
4.8%
Underlying retained business
F15 (52w)
F14 (53w)
Change
Change (52w basis)
Revenue
£1,313.0m
£1,274.0m
+3.1%
+5.0%
Operating profit
£254.4m
£249.9m
+1.8%
+3.8%
Profit before tax
£167.0m
£159.2m
+4.9%
+6.9%
Adjusted basic earnings per share*
60.4p
56.4p
+7.1%
+9.2%

Photo-me increases its 2015 full year dividend by 30%
For the first time in five years, Revenue is up 0.9% at CC but 5% lower at £177.2m as reported

Chemring holds its 2015 full year dividend at last years level
Continuing operations
2015
2014
Revenue
£161.7m
£208.8m
Underlying operating profit
£5.5m
£22.4m
Underlying (loss)/profit before tax
£(1.3)m
£13.4m
Net debt at 30 April
£148.5m
£229.2m
Net debt at 31 October
£135.6m
Underlying (loss)/earnings per share
(0.5)p
5.4p
Dividend per share
2.4p
2.4p
Total operating (loss)/profit
£(8.3)m
£14.1m
(Loss)/profit before tax
£(15.1)m
£5.1m
Total (loss)/earnings per share
(5.6)p
2.4p

WS Atkins increases its 2015 full year dividend by 8.1%
HIGHLIGHTS
Financial highlights
-
Organic, constant currency revenue up 4.6%
-
Underlying operating profit up 15.2%, improved margin of 7.6%
-
Underlying diluted EPS up 13.3%, full year dividend up 8.1%
-
Strong operating cash flow up 40.2% to £133.9m and year end net funds of £179.3m
Operational highlights
-
Strong performance in Middle East, Asia Pacific and Energy
-
North American performance improving, UK and Europe mixed
-
Additional skills, clients and geographic exposure added with the acquisitions of Houston Offshore Engineering, Nuclear Safety Associates and Terramar

Halma increases its 2015 full year dividend by 7%
Organic constant currencyrevenue growth in all four sectors. Strong profit growth in Process Safety, Infrastructure Safety and Medical; Environmental & Analysis restructuring now complete with improved profitability in the second half of the year.

First Group 2015 full year results
Overall trading for the Group in line with management’s expectations
First Student and UK Bus transformations delivered margin improvements, and First Transit and UK Rail outperformance offset reduced Greyhound demand
Secured First Great Western until at least March 2019 and an additional year operating First TransPennine Express
Further strong progress in non-rail businesses expected in the year ahead led by momentum in transformations of First Student and UK Bus, largely offsetting substantially lower UK Rail earnings
Improved financial performance in the year demonstrates our multi-year transformation programme is making progress
Wolfhart Hauser appointed to succeed John McFarlane as Chairman. Group Finance Director Chris Surch to retire in January 2016

London Metric property maintains its 2015 final dividend and pays a special
Strong portfolio performance drives reported profits to £159.5 million
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