observation12 Jan 2018 09:42
Morning all, just a quick observation :-
Good results I see.
Bovis Homes was up 2.9% after stating an intention to hike its full-year dividend. The housebuilder said it delivered 3,645 completions in 2017, down from 3,977 in 2016. The overall average selling price on completions in the year increased by 7% to GBP272,000 from GBP254,900.
Full-year profit before tax, one-off and exceptional items is anticipated to be in-line with management expectations, the builder said.
Bovis said it intends to recommend a final dividend of 32.5p, up from 30.0p in 2016, bringing its total payout in 2017 to 47.5p, up from 45.0p a year earlier. Reflecting its "strong outlook", the firm said it anticipates increasing this by 20% in 2018, and making a first special dividend payment towards the end of the year.
MAybe this is why we had a small uplift ?
ATB
Tom :-)