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Euromoney Institutional Investor raises fiscal interim dividend

Euromoney Institutional Investor PLC's board of directors approved an interim dividend of 10.20 pence per share for the fiscal first-half ended March 31, up 16% from 8.80 pence per share a year earlier.

The dividend is expected to be paid June 21 to shareholders on the register as of May 25.

Euromoney Institutional Investor reported profit attributable to equity holders of the parent of £109.5 million for the six months ended March 31, up from a restated £13.4 million a year earlier.

The company also disclosed April 19 that Wendy Pallot was named CFO, effective Aug. 16, replacing Finance Director Colin Jones, who will retire from the board on June 15.