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Curtis Banks announces maiden dividend

Thu, 28th Jan 2016 15:25

(ShareCast News) - A small reward for Curtis Banks shareholders came on Thursday, with the announcement of the company's maiden dividend.The AIM-traded self-invested personal pension provider announced the interim dividend of 3.5p per ordinary share, to be paid on 26 February 2016."Curtis Banks has made excellent progress since flotation in May of last year, two highlights being the agreement to administer the Zurich book of policies and the acquisition of Suffolk Life," said chairman Chris Banks."The combination of these two transactions, in addition to the ongoing organic growth, more than doubles the size of the group in less than a year," he added.Curtis Banks' portfolio consisted of around 65,000 self-invested personal pensions at the period end."Growth prospects for Curtis Banks through organic growth and acquisition continue to be positive," said Banks."It is our strategy to reward shareholders for their support through a progressive dividend policy, reflecting the development of the business."Curtis Banks said it would not declare a final dividend, and the dividend being paid would be the full dividend for the year ended 31 December 2015.The company will announce its final results for the 12 months ended 31 December 2015 on 31 March this year, it said in a statement.
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21 Jan 2016 13:30

DIRECTOR DEALINGS: Curtis Banks Non-Executive Buys Shares

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15 Jan 2016 10:27

UPDATE: Legal & General To Sell Suffolk Life To Curtis Banks (ALLISS)

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15 Jan 2016 07:18

Legal & General To Sell Suffolk Life SIPP Business To Curtis Banks (ALLISS)

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20 Oct 2015 12:07

Curtis Banks wins SIPPs administration contract

(ShareCast News) - Curtis Banks has signed a contract to take on the administration of a significant book of self-invested personal pension schemes (SIPPs) from another third party administrator. The company said the contract is for a minimum 10-year period and it will receive an annual fee for each

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20 Oct 2015 06:49

Curtis Banks Wins 10-Year SIPP Administration Contract

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21 Sep 2015 09:54

Curtis Banks appoints Richard Valentine as COO

(ShareCast News) - Curtis Banks Group has appointed Richard Valentine as Chief Operating Officer. Valentine joins the company from Hornbuckle, where he held the role of Operations Director. Prior to that he was Chief Operating Officer of James Hay from March 2010 and then Managing Director of James

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21 Sep 2015 06:57

Curtis Banks Appoints Richard Valentine As New Chief Operating Officer

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8 Sep 2015 09:02

SIPP Administrator Curtis Banks Reports Profit Increase In Half

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7 May 2015 09:48

Verseon, Curtis Banks And MayAir Début On AIM (ALLIPO)

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