(Alliance News) - Shares rose in Games Workshop Group PLC as it increased its payout for its financial year to date, following solid trading for the third quarter.
Shares in the Nottingham-based miniature wargames maker were 11% higher at 7,905.00 pence on Thursday in London, the second-best performer in the FTSE 250 index.
Games Workshop said its trading performance for the three months ended February 28 was in line with expectations.
Also, the group has declared a dividend of 70 pence per share on Thursday, in line with its policy of distributing surplus cash. For the year to date, Games Workshop has declared a total payout of 235 pence, up 27% from 185p the same period a year prior.
For the 2021 financial year as a whole, Games Workshop's total payout came up to 235p.
The group will publish a trading update for the financial year ending May 29 in June.
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Games Workshop (GAW)