Cenkos has continued its tradition of always reporting a profit and paying a dividend. A strong second half in 2018 enabled it to report full year revenue and PBT of £45m and £3.2m respectively. This was ahead of our forecasts published in July 2018 of £42m and £2.1m. In addition, the dividend at 4.5p was ahead of our expected 4p and the cash balance at December 2018 of £33.6m contributed to a strong regulatory capital surplus. Looking at 2019, trading in Q1 was
27 Mar 2019
Strong 2H – dividend yield of over 6% in 2018
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Strong 2H – dividend yield of over 6% in 2018
- Published:
27 Mar 2019 -
Author:
Andy Smith -
Pages:
4
Cenkos has continued its tradition of always reporting a profit and paying a dividend. A strong second half in 2018 enabled it to report full year revenue and PBT of £45m and £3.2m respectively. This was ahead of our forecasts published in July 2018 of £42m and £2.1m. In addition, the dividend at 4.5p was ahead of our expected 4p and the cash balance at December 2018 of £33.6m contributed to a strong regulatory capital surplus. Looking at 2019, trading in Q1 was