Shaftesbury PLC's board recommended a final per-share dividend of 8.1 pence for the financial year ended Sept. 30, up 7.3% from the 7.55 pence per share logged in the year-ago period.
The final dividend, together with an interim dividend of 7.9 pence per share, took the total dividend for the period to 16.0 pence per share, marking an increase of 8.8% year over year year from 14.7 pence.
The final dividend is expected to be paid out Feb. 16, 2018, to shareholders on record as of Jan. 19, 2018. The ex-dividend date has been scheduled for Jan. 18, 2018.
In a separate release, the company said the appointment of Richard Akers as nonexecutive director took effect Nov. 28.
