James Halstead is celebrating its centenary year by announcing a record final dividend of 7.858p per share (+12.3%). This takes the full year dividend to 11p (+10%) and represents the 40th straight year of dividend growth. This distribution highlights the cash generative nature of the business (£204m of post capex cash generation over the last 10 years). Despite FX headwinds PBT increased 5.8% to £44.2m. At this stage we are leaving our FY16 unchanged, essentially looking for furt ....