Stobart Group Limited Quarterly Dividend (6154Y)

TIDMSTOB

RNS Number : 6154Y

Stobart Group Limited

07 December 2017

7 December 2017

Stobart Group Limited

('the Group')

Quarterly Dividend

We reported in the AGM statement in June an expectation to pay an increased quarterly dividend of 4.5p per share, starting with the payment made on 7 July 2017. Dividends of 4.5p per share were paid on 6 October 2017 and the Board has now declared a further interim dividend of 4.5p per share which will be paid on 19 January 2018 to shareholders on the register as at 22 December 2017.

Subject to Board approval, further quarterly dividend payments of 4.5p per share will be made on 13 April 2018. The Group has non-operating asset resources available to support the dividend until 2022, and thereafter dividends are expected to be funded out of operating profits.

Enquiries:

   Stobart Group Limited                                                  C/o Redleaf Communications 

Warwick Brady, CEO

   Redleaf Communications                                            [phone] 

Charlie Geller [e-mail]

Ian Silvera

This information is provided by RNS

The company news service from the London Stock Exchange

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December 07, 2017 02:00 ET (07:00 GMT)