Dividend:
· 11% increase in total dividends paid of 8.35p per ordinary share for the twelve months ended 31 March 2024 (31 March 2023: 7.52p).
· Dividend cover for the twelve months ended 31 March 2024 was 1.3x (31 March 2023: 1.4x).
· Increased target dividend to 8.43p per ordinary share for the year ending 31 March 2025.
· Attractive high dividend yield of c.11%, as at closing share price on 17 June 2024.
· Forecasted target dividend cover of 1.1x – 1.3x for the year ending 31 March 2025.
· Total ordinary dividends paid since IPO of £345m or 67.8p per share.
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