Brooks Macdonald Group PLC's board recommended a final dividend of 32.0 pence per share for the year ended June 30, up from 30.0 pence per share a year earlier.
Taking into account the interim dividend of 19.0 pence per share, the company's total dividend for the fiscal year will be 51.0 pence per share, up from the year-ago 47.0 pence per share. The final dividend will be paid Nov. 8 to shareholders on the register at the close of business Sept. 27.
The proposed final dividend is subject to shareholders approval, which will be sought at the group's Oct. 31 annual general meeting.
The British asset manager booked a profit attributable to equity holders of £5.7 million for the year ended June 30, up from the restated £5.4 million a year ago. EPS was 41.7 pence, compared to 39.3 pence a year earlier.
Total discretionary funds under management rose on a yearly basis to £13.2 billion from £12.3 billion.
