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Foxtons Group cuts 2017 annual dividend

Foxtons Group plc declared a final dividend for 2017 of 27 pence per share, for a total yearly dividend of 70 pence per share, a drop from the company's 200-pence annual dividend in 2016.

The dividend will be paid May 25 to shareholders of record April 27, subject to shareholder approval at the real estate services company's annual shareholder meeting May 17.