Rightmove increases its 2014 full year dividend by 25%

DividendMax Ltd.

Rightmove increases its 2014 full year dividend by 25%

Financial highlights

 

·           Revenue up 19% to £167.0m (2013: £139.9m)

 

·           Underlying operating profit up 20% to £124.6m (2013: £104m)

 

·           Underlying operating margin of 74.6% (2013: 74.3%)

 

·           Basic earnings per share up 32% to 97.7p (2013: 74.1p)

 

·           Underlying earnings per share up 24% to 100.3p (2013: 81.0p)

 

·           Final dividend of 22p (2013: 17p) per ordinary share making a total dividend of 35p for the year (2013: 28p), up 25%

·           £103.4m (2013: £85.6m) of cash returned to shareholders through dividends and share buybacks in the year

Companies mentioned