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Pin to quick picksHeavitree Share News (HVT)

Share Price Information for Heavitree (HVT)

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Share Price: 275.00
Bid: 230.00
Ask: 320.00
Change: 0.00 (0.00%)
Spread: 90.00 (39.13%)
Open: 275.00
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Low: 275.00
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Heavitree Brewery Suspends Final Dividend Payment To Preserve Cash

Thu, 19th Mar 2020 16:59

(Alliance News) - Heavitree Brewery PLC on Thursday said it will no longer recommend a final dividend of 4.25 pence per for the year ended October 31, 2019, due to the uncertainity created by the Covid-19 pandemic.

The pub operator said it believes it is appropriate to be prepared for a material level of disruption and therefore the necessity to preserve cash wherever possible.

Heavitree Brewery will consider paying a second interim dividend, in lieu of the final dividend, once there is clear visibility on the effects of Covid-19 on the company's business.

The company is slated to hold its annual general meeting on April 15 and has encouraged shareholders to appoint the company's chair as proxy with their voting instructions, rather than attend the AGM in person.

On Wednesday, the company warned of a material deterioration in the performance of its tenanted pub estate over the coming months due to Covid-19.

The pub company also had said that it was unable to quantify the virus impact on trading due to "the high level of current uncertainty".

Shares in Heavitree closed up 21% at 370.00 pence each in London on Thursday.

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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7 Mar 2024 16:03

UK dividends calendar - next 7 days

Friday 8 March 
Aberforth Smaller Cos Trust PLCdividend payment date
Aberforth Split Level Income Trust PLCdividend payment date
Avon Protection PLCdividend payment date
Baronsmead Second Venture Trust PLCdividend payment date
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Blackstone Loan Financing Ltddividend payment date
GCP Infrastructure Investments Ltddividend payment date
Majedie Investments PLCdividend payment date
Paragon Banking Group PLCdividend payment date
PRS REIT PLCdividend payment date
Renew Holdings PLCdividend payment date
Residential Secure Income PLCdividend payment date
S & U PLCdividend payment date
SSE PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Monday 11 March 
no events scheduled 
Tuesday 12 March 
Invesco Perpetual UK Smaller Cos Investment Trust PLCdividend payment date
Wednesday 13 March 
Tharisa PLCdividend payment date
Thursday 14 March 
abrdn PLCex-dividend payment date
abrdn UK Smaller Cos Growth Trust PLCex-dividend payment date
Alpha Real Trust Ltdex-dividend payment date
Anglo American PLCex-dividend payment date
Apax Global Alpha Ltdex-dividend payment date
Balanced Commercial Property Trust Ltdex-dividend payment date
Brooks Macdonald Group PLCex-dividend payment date
CRH PLCex-dividend payment date
Dunelm Group PLCex-dividend payment date
Entain PLCex-dividend payment date
Ferguson PLCex-dividend payment date
Fiske PLCex-dividend payment date
Galliford Try Holdings PLCex-dividend payment date
Haleon PLCex-dividend payment date
Heavitree Brewery A PLCex-dividend payment date
Heavitree Brewery PLCex-dividend payment date
JPMorgan Emerging Markets Invest Trust PLCex-dividend payment date
Lancashire Holdings Ltdex-dividend payment date
LPA Group PLCex-dividend payment date
Merchants Trust PLCdividend payment date
Murray Income Trust PLCdividend payment date
NatWest Groupex-dividend payment date
Real Estate Credit Investments Ltdex-dividend payment date
Treatt PLCdividend payment date
Tritax EuroBox PLC dividend payment date
  
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A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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19 Feb 2024 17:25

Heavitree Brewery full-year profit falls; revenue unchanged

(Alliance News) - Heavitree Brewery PLC on Monday reported weaker full-year profit and unchanged revenue.

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28 Jun 2023 17:36

Heavitree Brewery interim profit declines but resumes dividend

(Alliance News) - Heavitree Brewery PLC on Wednesday reported weaker half-year profit and largely unchanged revenue.

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16 Feb 2023 21:35

TRADING UPDATES: Heavitree profit soars; Riverstone net assets rise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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29 Jun 2022 19:09

TRADING UPDATES: Heavitree Brewery in profit; Brave Bison trades well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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15 Feb 2022 22:16

TRADING UPDATES: Tullow faces Norway charge; Light Science wins grant

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Tuesday and not separately reported by Alliance News:

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24 Jun 2021 14:26

IN BRIEF: Heavitree Brewery swings to loss, cheered by pubs reopening

IN BRIEF: Heavitree Brewery swings to loss, cheered by pubs reopening

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8 Apr 2021 16:04

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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15 Feb 2021 17:07

IN BRIEF: Heavitree Brewery Profit Plummets Amid Second Wave

IN BRIEF: Heavitree Brewery Profit Plummets Amid Second Wave

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22 Dec 2020 14:42

IN BRIEF: Heavitree Charges 50% Of Pub Rental Fees In December

IN BRIEF: Heavitree Charges 50% Of Pub Rental Fees In December

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30 Jul 2020 18:00

UK EXECUTIVE CHANGE SUMMARY: 65-Year Stint At Heavitree Brewery Ends

UK EXECUTIVE CHANGE SUMMARY: 65-Year Stint At Heavitree Brewery Ends

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26 Jun 2020 14:26

Heavitree Cancels Interim Dividend Payout As Earnings Plunge

Heavitree Cancels Interim Dividend Payout As Earnings Plunge

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18 Mar 2020 17:01

Heavitree Brewery Sees Material Trading Deterioration Due To Virus

Heavitree Brewery Sees Material Trading Deterioration Due To Virus

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13 Feb 2020 16:48

Heavitree Brewery Records Annual Fall In Earnings, Maintains Dividend

Heavitree Brewery Records Annual Fall In Earnings, Maintains Dividend

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