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Dividend Declaration

25 Apr 2024 13:49

RNS Number : 0810M
Mears Group PLC
25 April 2024
 

 

 

25 April 2024

Mears Group PLC

("Mears" or "the Group" or "the Company")

Dividend declaration

As announced as part of the full year results, the Directors have recommended a final ordinary dividend of 9.30p, bringing the full year dividend for 2023 to 13.00p (FY22: 10.50p) reflecting continued strong cash performance and the Board's confidence in the Group's prospects.

The payment of the final dividend is subject to approval by the Company's shareholders at the 2024 Annual General Meeting to be held on 13 June 2024.

The dividend is expected to be paid on 16 July 2024 to shareholders on the register of members at close of business on 28 June 2024.

For further information, contact:

Mears Group PLC

Ben Westran, Company Secretary

Tel: +44(0)1452 634660

www.mearsgroup.co.uk

 

 

About Mears

 

Mears is a leading provider of services to the Housing sector, providing a range of services to individuals within their homes. We manage and maintain around 450,000 homes across the UK and work predominantly with Central Government and Local Government, typically through long-term contracts. We equally consider the residents of the homes that we manage and maintain to be our customers, and we take pride in the high levels of customer satisfaction that we achieve.

Mears currently employs over 5,000 people and provides services in every region of the UK. In partnership with our Housing clients, we provide property management and maintenance services. Mears has extended its activities to provide broader housing solutions to solve the challenge posed by the lack of affordable housing and to provide accommodation and support for the most vulnerable.

We focus on long-term outcomes for people rather than short-term solutions and invest in innovations that have a positive impact on people's quality of life and on their communities' social, economic, and environmental wellbeing. Our innovative approaches and market leading positions are intended to create value for our customers and the people they serve while also driving sustainable financial returns for our providers of capital, especially our shareholders.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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DIVSEWFEIELSELL
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