RE: Error in dividend on lse22 Jul 2022 10:04
Canchat, there must be a set process for updating the dividends and the figure on the website here is 57.7p which is the interim dividend for the year ended 31 mar 22 together with the final dividend for year ended 31 mar 21. I guess as soon as the payment for the last FY is paid, the data will change to a total of 76p. Given the AGM was just the other day, the final dividend can’t be seen as a given until it’s approved there.
As for the first quarter update I took it positively but given the share price hasn’t been doing well just recently whilst the AUM are still growing, there must be a fear that the investments may not continue to deliver the results and earnings they have been making in recent years due to all the fears about the economy. I am in this for the long term anyway as if they can deliver their own strategy for growing AUM the share price must take care of itself.