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UK-based Curtis Banks Group hikes dividend, reports YOY increase in FY'18 profit

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UK-based Curtis Banks Group hikes dividend, reports YOY increase in FY'18 profit

U.K.-based Curtis Banks Group PLC proposed a final dividend of 6 pence per share for 2018, an increase on the final dividend of 4.75 pence per share in 2017.

If approved, the final dividend will be paid May 23 to shareholders on the register as of April 26. Curtis Banks' total dividend for 2018 will amount to 8 pence per share, an increase on the total dividend of 6.25 pence per share for 2017.

The company reported full-year 2018 total comprehensive income attributable to equity holders of the company of £8.2 million, compared to £5.2 million in 2017. Assets under administration totaled £24.8 billion at the end of 2018, compared to £24.7 billion in 2017.