RE: Takeover Rumours18 Sep 2022 16:33
On the issue of the dividend, there was a short sentence in the 2022 AGM agenda relating to dividends. It was stated that:
"It should be noted that the dividend policy (and the Company's target dividend) is not a profit
forecast. Payment of dividends will depend on market conditions, the Company’s net income and
the Company’s ongoing charges ratio. Dividends will only be paid to the extent permitted in
accordance with the Companies Act"
Not sure exactly what this means, but it does not seem to be a guaranteed dividend?