M Winkworth Plc Dividend Declaration (6432J)
15 Avril 2020 - 8:00AM
UK Regulatory
TIDMWINK
RNS Number : 6432J
M Winkworth Plc
15 April 2020
15 April 2020
M Winkworth plc
Dividend Declaration
The Directors of M Winkworth Plc ("Winkworth" or the "Company")
are pleased to announce that the Company will pay a dividend of
1.68p per ordinary share for the first quarter of 2020 to
shareholders.
The board remains committed to paying a quarterly dividend.
While the intention is to resume a progressive payment once trading
conditions permit, the reduction in the first quarter dividend
reflects the element of caution required as a result of the
Covid-19 crisis. As it is the board's objective to ensure that
dividend pay-outs are covered by post-tax profits, the total
distribution for 2020 is expected to be lower than 2019.
The dividend timetable is as follows:
Ex-Dividend Date * 23/04/20
Record Date ** 24/04/20
----------
Expected Payment Date 21/05/20
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* Shares bought on or after the ex-dividend date will not
qualify for the dividend
** Shareholders must be on the Winkworth share register on this
date to receive this dividend
For further information please contact:
M Winkworth Plc Tel : 020 7355 0206
Dominic Agace (Chief Executive Officer)
Andrew Nicol (Chief Financial Officer)
Milbourne (Public Relations) Tel : 07903 802545
Tim Draper
Shore Capital (NOMAD and Broker) Tel : 020 7408 4090
Robert Finlay
David Coaten
Henry Willcocks
About Winkworth
Winkworth is a leading franchisor of residential real estate
agencies and is admitted to trading on the AIM Market of the London
Stock Exchange.
Established in Mayfair in 1835, Winkworth has a pre-eminent
position in the mid to upper segments of the central London
residential sales and lettings markets. In total the company
operates from some 100 offices, having expanded consistently in
recent years.
The franchise model allows entrepreneurial real estate
professionals to provide the highest standards of service under the
banner of a well-respected brand name and to benefit from the
support and promotion that Winkworth offers. Franchisees deliver
in-depth local knowledge and a highly personalised service to their
clients.
www.winkworthplc.com
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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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