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LONDON (Alliance News) - Mortgage Advice Bureau (Holdings) PLC on Thursday said adviser numbers have continued to grow in 2016 and trading remains in line with its expectations.
It also intends to declare a special dividend payout.
Chairman Katherine Innes Ker, in a statement to be given at the company's annual general meeting, said adviser numbers have continued to grow since the group published its results in March, now sitting at 888 advisers in total. It had 844 at the time of the results.
Innes Ker added trading remains in line with the company's expectations for the full year and said the company plans to declare a special dividend of around 4.25 pence per share, related to the proceeds from the sale of its 49% stake in Capital Private Finance Ltd.
"We are committed to providing expert advice to our customers and remain focussed on increasing our market share through our specialist approach, enhancing our proposition through technology and leveraging our brand," Innes Ker said.
Mortgage Advice Bureau shares were up 3.4% to 334.10 pence Thursday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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