Stobart Group Limited Quarterly Dividend (6154Y)
December 07 2017 - 1:00AM
UK Regulatory
TIDMSTOB
RNS Number : 6154Y
Stobart Group Limited
07 December 2017
7 December 2017
Stobart Group Limited
('the Group')
Quarterly Dividend
We reported in the AGM statement in June an expectation to pay
an increased quarterly dividend of 4.5p per share, starting with
the payment made on 7 July 2017. Dividends of 4.5p per share were
paid on 6 October 2017 and the Board has now declared a further
interim dividend of 4.5p per share which will be paid on 19 January
2018 to shareholders on the register as at 22 December 2017.
Subject to Board approval, further quarterly dividend payments
of 4.5p per share will be made on 13 April 2018. The Group has
non-operating asset resources available to support the dividend
until 2022, and thereafter dividends are expected to be funded out
of operating profits.
Enquiries:
Stobart Group Limited C/o Redleaf Communications
Warwick Brady, CEO
Redleaf Communications +44 207 382 4730
Charlie Geller Stobart@redleafpr.com
Ian Silvera
This information is provided by RNS
The company news service from the London Stock Exchange
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