James Halstead PLC (AIM:JHD) - dividend up 16.7% for this AIM blue chip
The AIM quoted manufacturer and distributor of commercial flooring products issued the usual set of excellent results with the Chief Exec's statement offering the perfect summary of achievements
Revenue was up 3% at £223.5m, profit before tax up 3.1% to £41m and earnings per share up 4.8% to 15.2p
However, the results were all about the dividend, with the final dividend proposed of 7.0p up 16.7% on the prior year.
The Group remains cash rich with £38.7m of cash at year and nil gearing, with cash coffers boosted £4m net in the year and £23m at the operating level.
Even…
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