Keller Group PLC - London-based geotechnical contractor to construction industry for foundations and ground improvement - Decides to pay interim dividend, after having kept the decision under review at interim results in August. Declares 12.6 pence payout, unchanged from a year before. Says the continuation of dividends reflects company's financial strength and liquidity and positive trading in the second half of the year so far. Net debt to earnings leverage reduced to 0.8 times. Expects to outperform market expectations for 2020 by matching 2019 despite the Covid-19 health crisis. Also says expectations for 2021 are unchanged.
Current stock price: 637.16 pence
Year-to-date change: down 15%
By Tom Waite; thomaslwaite@alliancenews.com
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Keller (KLR)