Marstons' Finals

[tjh290633]

See http://www.investegate.co.uk/marston-s- ... 00079962P/

The proposed final dividend of 4.7 pence per share provides a total dividend for the year of 7.3 pence per share, and represents a 4.3% increase on 2015. Dividend cover was 1.9 times (2015: 1.8 times). Our dividend policy remains to target progressive increases in the dividend at a cover of around 2 times over the medium term.

Subject to approval at the Annual General Meeting, this dividend will be paid on 30 January 2017 to those shareholders on the register at close of business on 16 December 2016.

Current yield 5.4%. I hold them.

TJH

[staffordian]

Thanks for posting Terry.

Whilst I've only skimmed through the results they do seem pretty good. A 4.3% increase is not to be sniffed at.

Staffordian

[midgesgalore]

Thanks for posting.
It feels weird I have topped this up twice since October on utilising a few months dividends plus some of the returned SAB-Miller funds.
Nice to see the debt to EBITDA ratio reducing from 5.1x last year to 4.8x at end of year and expected to continue to reduce.

Lucky success is one thing but there again I also own some of BHP Billiton. Win some and we lose some.

midgesgalore