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Dividend Declaration

21st Mar 2013 07:01

RNS Number : 4826A
BrainJuicer Group PLC
21 March 2013
 

 

 

 

Press Release 21 March 2013

 

 

BrainJuicer Group PLC

 ("BrainJuicer" and the "Company")

 

Dividend Declaration

 

The Board is proposing a final dividend of 2.25p (net) per share (2011: 2.25p) at the Company's AGM on 22 May 2013. After taking account of the 2012 interim dividend of 0.85p per share, up 13.3% on the prior year (2011: 0.75p), this would give a full year payment of 3.1p per share, an increase of 3.3% over 2011 (2011: 3.0p), covered 2.5 times by diluted earnings per share. The proposed dividend reflects the comfortable level of dividend cover, the Group's strong financial position, with year-end cash of £3,755,000 and no debt, and the Board's continued confidence in the future prospects for the business.

 

If approved, the final dividend will be paid on 28 June 2013 to shareholders on the register on 31 May 2013 and the shares will become ex-dividend on 29 May 2013. Going forward, the Company expects to maintain dividend growth broadly in line with earnings per share

 

The Company can be found at www.brainjuicer.com.

 

 

- Ends -

 

 

For further information, please contact:

 

BrainJuicer Group PLC

John Kearon, Chief Executive Officer Tel: +44 (0)20 7043 1000

James Geddes, Chief Financial Officer www.brainjuicer.com

 

Canaccord Genuity Limited

Simon Bridges / Henry Fitzgerald-O'Connor Tel: +44 (0)20 7523 8000

www.canaccordgenuity.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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