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Miton Group raises dividend after FY'18 profit increase

Miton Group Plc proposed a dividend for 2018 of 2.0 pence per share, up 43% from the 1.40 pence per share paid in 2017.

The dividend will be paid May 21 to shareholders on the register at the close of business on April 12.

The company reported profit attributable to equity holders of the parent of £7.0 million, up from £5.0 million in 2017. Assets under management as of 2018-end totaled £4.38 billion, up 14% from £3.82 billion at 2017-end.