Gateley (holdings) Dividends - GTLY

Gateley (holdings) Dividends - GTLY

Best deals to access real time data!
Level 2 Basic
Monthly Subscription
for only
Monthly Subscription
for only
UK/US Silver
Monthly Subscription
for only
VAT not included
Stock Name Stock Symbol Market Stock Type
Gateley (holdings) Plc GTLY London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
-5.00 -2.54% 191.50 11:32:30
Open Price Low Price High Price Close Price Previous Close
196.50 191.50 196.50 191.50 196.50
more quote information »
Industry Sector

Gateley (holdings) GTLY Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

jonwig: Acquisition, largest to date, and looks attractively priced:
km18: ...from last year... Company overview: Gateley was among the first companies to adopt the Alternative Business Structure, which allows non-lawyers to own and invest in law firms. The company provides commercial legal services together with complementary non-legal services. They could also act as trustees in pension scheme and provide specialist tax incentive advice. The company operate through four main platforms – property, people, corporate and business services. GTLY has more than 580 professional advisers and more than 1000 people across 11 offices in the UK. They have a rich portfolio of clients and part of their strategy is to grow by acquisitions. The resulting goodwill should not raise any red flags as it stands at less than 10% of total assets. The financial of the company look solid. Revenue growth is at 12.6% CAGR however, EPS is only growing at 0.361%. ROCE for FY21 reached nearly 20% and Return on Capital is in the top quartile of the industry. Gearing is reasonable at 18.3% (excluding the IFRS 16) and divis have been rising continuously, reaching 7.5p in FY21. We’ll keep today’s report short, while we wait for the interim results, that should be coming any day now. The Group’s primary business is legal, generating the majority of revenue, unlike other companies in the sector like RBGP. The yearly performance was very strong, with revenue increasing by 10.5% and Net CFO was £25.4m (nearly triple the Profit after tax). Outlook was also very positive with first months of the current period showing good pipelines of new work and even acquisition opportunities.... ...from WealthOracleAM
jonwig: H1 results: good, and well signalled in advance, so no surprises. Could make 15p in the full year, so forward PER is about 15x. Good value I think.
jonwig: Trading update, all good:
jonwig: FY Results: As already signalled, excellent. I didn't know - "Gateley remains the UK's most active M&A legal advisor by deal volume, according to the latest Experian MarketIQ UK M&A league table" useful - "Non-legal revenues increased by 27.3%, as complementary consultancy businesses contributed £14m or 11.5% of total revenues (FY20: £11m or 10.0%)" Note: "An impairment loss of £1,525,000 has been recognised in relation to trade receivables in the year (FY20: £562,000). This is based on the expected credit loss under IFRS 9 of these types of assets. The trade receivables loss is estimated at 3.7% (FY20: 1.2%) of the balance."
greggphilips88: I suspect post 457 above was intended for the TLY board, not GTLY :-)
slopsjon2: Notice of Cyber Security Incident Gateley (AIM: GTLY), the legal and professional services group, reports that it is currently managing a cyber security incident after discovering an intrusion into its systems from a now known external source. The intrusion was quickly identified by the Company's IT team and it acted immediately to secure the Company's systems. Based on the information gathered to date, the Company is confident that its security controls were effective in limiting the impact of the incident.
tole: firm sees revenues, profits and reserves grow following strong second halfRod WaldieLegal Services | May 26 2021 | Neil Hodgson Legal and professional services firm, Gateley, will announce improved revenues and pre-tax profits for the year to April 30, and recommence dividend payments, it confirmed today.In a trading update ahead of publication of its final results on July 13, the firm said it entered the second half of the year with high activity levels, strong trading momentum, and a sense of optimism and confidence, despite the ongoing uncertainty brought about by the COVID-19 pandemic.Gateley, which has offices in Birmingham, Manchester, Leeds, Leicester, Nottingham and Dubai, said trading continued to improve throughout the second half, resulting in the group generating revenue during the six months of not less than £69.5m, an increase of more than 20% over the previous year.Full year revenues will be not less than £120m, compared with £109.8m the previous year, an increase of more than 9.3% for the year as a whole.Prudent cost and cash management measures, initiated by the board at the start of the pandemic and augmented by the stronger than anticipated second half trading, have yielded a net cash position at April 30, 2021, of £20m, significantly ahead of management's previous expectations.The group expects to report 2021 profit before tax of not less than £16m, compared with £14.8m for 2020, an increase of not less than 8.1%.Gateley also said it is recommencing dividend payments to shareholders in line with its previous policy of distributing up to 70% of profit after tax. Gateley to restart divi payment after strong financial year Gateley pays out again after successful acquisitionThe board will propose a dividend for 2021 in the group's final results announcement on July 13. The interim dividend of 2.5p per ordinary share will be paid on June 28.Chief executive, Rod Waldie, said: "I am delighted with this excellent performance, which is testament to our culture and the contribution of everyone working at Gateley, without whose commitment we would not have been able to deliver such a strong result."I thank the whole team for their hard work, diligence, and resilience, in the face of what has been an unprecedented period."He added: "I also thank our clients for their support throughout FY21 and for giving us the opportunity to work with them on high quality mandates."This has been a turbulent year for all of our stakeholders, but our diverse and highly regarded legal and consultancy offering has enabled us to continue to provide excellent service to our clients whilst growing our business."We are carrying a strong pipeline of work into FY22 and are looking forward to continuing to grow the group, both organically and via acquisition."
2vdm: Cash substantially ahead of mkt expectations and a 2.5p dividend in due course. Well done to the BOD
jonwig: Trading statement. "Materially ahead" -
ADVFN Advertorial
Your Recent History
Gateley (h..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20220707 17:32:58