U.K.-based payment solutions provider Equiniti Group Plc proposed a final dividend for 2017 of 2.73 pence per share, down from 2.91 pence per share for the previous year.
The final dividend, on top of an interim dividend of 1.75 pence per share, brings the total dividend for 2017 to 4.48 pence per share, lower than 4.75 pence per share in 2016. The final dividend will be paid out May 17 to shareholders on the register at close of business April 13.
The firm's full-year 2017 profit attributable to owners of the parent dropped on a yearly basis to £11.9 million from £30.5 million. Basic EPS decreased year over year to 3.6 pence from 9.5 pence.
Equiniti said Vicky Jarman intends to resign as an independent nonexecutive director during the company's May 3 annual general meeting. She will be replaced by Darren Pope as senior independent director. The company also appointed Alison Burns as an independent nonexecutive director, effective April 1.
