16th Feb 2016 15:05
LONDON (Alliance News) - Stockbroker Cenkos Securities PLC said Tuesday it anticipates it will meet market expectations for 2015, despite challenging the market conditions it saw throughout the year.
According to a broker forecast provided by Morningstar, Edison Research expects Cenkos to report a pretax profit of GBP19.1 million, compared to GBP27.0 million in 2014.
Cenkos plans to declare a second interim dividend of 6 pence for 2015, which when combined with its interim dividend of 7.0p, will take its total dividend to 13.0p, down from the 17.0p it paid in 2014.
Shares in Cenkos were up 0.9% at 145.80 pence Tuesday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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