Last week's results effectively illustrated the strong momentum within JIM's business, with H1 revenues reported up 19% and PBT up 28%, a lift in the operating margin from 53.1% to 56.8% and a strong out-turn on cash in addition. Intra-day on Friday, the company followed up by announcing a Special Dividend of 8.5p, more than double the previous such payment, which was made in 2019. The context was the successful application to the courts for a Capital Reduction. Following the cancellation of ....
19 Jul 2021
Jarvise Securities (JIM) - Meaningful 8.5p special dividend payment follows strong H1 results
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Jarvise Securities (JIM) - Meaningful 8.5p special dividend payment follows strong H1 results
Jarvis Securities plc (JIM:LON) | 17.0 0 0.0% | Mkt Cap: 7.60m
- Published:
19 Jul 2021 -
Author:
Nick Spoliar -
Pages:
4 -
Last week's results effectively illustrated the strong momentum within JIM's business, with H1 revenues reported up 19% and PBT up 28%, a lift in the operating margin from 53.1% to 56.8% and a strong out-turn on cash in addition. Intra-day on Friday, the company followed up by announcing a Special Dividend of 8.5p, more than double the previous such payment, which was made in 2019. The context was the successful application to the courts for a Capital Reduction. Following the cancellation of ....