Advertisement
UK markets open in 7 hours 21 minutes
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     
  • CRUDE OIL

    82.80
    -0.01 (-0.01%)
     
  • GOLD FUTURES

    2,328.00
    -10.40 (-0.44%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • Bitcoin GBP

    51,481.55
    -1,833.92 (-3.44%)
     
  • CMC Crypto 200

    1,387.14
    -36.96 (-2.60%)
     
  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

Homeserve to pay special dividend after profits rise with new customers

LONDON, May 19 (Reuters) - British repair and insurance company Homeserve (LSE: HSV.L - news) will pay shareholders a special dividend on top of a rise in payouts for its financial year, after it posted a 1.5 percent rise in core earnings on the back of signing more customers mainly in the United States.

The company said it would pay shareholders a special dividend of 97 million pounds ($151.74 million), or 30 pence per share, in July, which it said reflected its positive outlook for this year.

Homeserve will also pay an final 2014-15 dividend of 11.5 pence, compared with 11.3 pence paid last year.

The London-listed firm reported adjusted profit before tax of 85.4 million pounds over a 3.8 percent rise in revenue to 584.2 million pounds thanks to an increase in customer numbers from 5.5 million to 6.3 million. ($1 = 0.6393 pounds) (Reporting by Karolin Schaps; Editing by Li-mei Hoang)