Dividend Policy

The Company’s stated objective is to adopt a progressive dividend policy. At the Company’s full year results on the 28th December the Board recommended a final dividend of 1.40 pence per share. This final dividend was paid on the 1st February 2017 to those shareholders who were on the register of members on the record date of 6th January 2017. This final dividend, together with the interim dividend of 1.10 pence per share, brings the total dividend for the year ending 31 August 2016 to 2.50 pence per share.