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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| B.p. Marsh & Partners Plc | LSE:BPM | London | Ordinary Share | GB00B0XLRJ79 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 496.00 | 492.00 | 500.00 | 496.00 | 496.00 | 496.00 | 6,764 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Trust,ex Ed,religious,charty | 32.57M | 23.84M | 0.6408 | 7.74 | 184.56M |
TIDMBPM
RNS Number : 9817C
B.P. Marsh & Partners PLC
01 July 2016
Date: 1 July 2016
On behalf of: B.P. Marsh & Partners Plc ("B.P. Marsh", "the Company" or "the Group")
B.P. Marsh & Partners Plc
Hyperion Insurance Group Limited ("Hyperion") & Dividend
B.P. Marsh & Partners Plc (AIM: BPM), the niche development capital provider to early stage financial services businesses, is pleased to confirm receipt of GBP7,310,576 from the realisation of the Company's final 1.6% stake in Hyperion.
The Board of B.P. Marsh has subsequently recommended a dividend of 3.76p per share for the year ended 31(st) January 2017, subject to the necessary Shareholder approvals.
The dividend is announced in recognition of the steady growth and consolidation of the Company's investment portfolio.
The Board aims to balance utilising cash to invest in the existing portfolio and new opportunities and providing investors with a modest yield and, as such, it is the Board's aspiration to maintain at least this level of dividend for the years ending 31(st) January 2018 and 31(st) January 2019, subject to ongoing review and approval by the Board and the Shareholders.
For further information:
B.P. Marsh & Partners Plc www.bpmarsh.co.uk
Brian Marsh OBE / Camilla Kenyon +44 (0)20 7233 3112
Nominated Adviser & Broker
Panmure Gordon
Fred Walsh / Charles Leigh-Pemberton / Atholl Tweedie +44 (0)20 7886 2500
This information is provided by RNS
The company news service from the London Stock Exchange
END
DIVRBMLTMBIMMLF
(END) Dow Jones Newswires
July 01, 2016 05:52 ET (09:52 GMT)
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