IG Group (IGG) Annual Results

[SuperCally]

From IGG website:

https://www.iggroup.com/sites/ig-group/ ... -FINAL.pdf

Dividend
The Board recommends a final dividend of 30.24 pence per share, taking the full year dividend for FY20 to 43.2 pence per share (FY19: 43.2 pence), in line with previous guidance. The final dividend, if approved by shareholders, will be paid on 22 October 2020 to those members on the register at the close of business on 25 September 2020.
Capital, funding, and liquidity remain very strong, supporting further investment in growth and the dividend payment. The Board reiterates its intention to maintain the 43.2 pence per share annual cash dividend until the Group’s earnings allow for progressive dividends.

[idpickering]

Thanks for this. I hold these, and although disappointing, a held dividend is better than no dividend. The over 8% drop in sp as I type, seems overdone imho. I'm happy to hold, but am not looking at topping up my IGG holdings currently.

Ian.

[Arborbridge]

Thanks for this. I hold these, and although disappointing, a held dividend is better than no dividend. The over 8% drop in sp as I type, seems overdone imho. I'm happy to hold, but am not looking at topping up my IGG holdings currently.

Ian.

Disappointing? I'm ecstatic! I'm easy to please nowadays.

Arb.

[idpickering]

Thanks for this. I hold these, and although disappointing, a held dividend is better than no dividend. The over 8% drop in sp as I type, seems overdone imho. I'm happy to hold, but am not looking at topping up my IGG holdings currently.

Ian.

Disappointing? I'm ecstatic! I'm easy to please nowadays.

Arb.

Me too if I’m honest Arb. I’m just gobsmaked that I missed this report earlier today. I must’ve been over concentrating on putting up the Unilever one.

As for IGG, I’ve held since last July, and am very pleased with the share, and the great dividends too.

Ian.

[monabri]

The Gross & operating margins are "very nice" and the free cash flow covers the divi.

Hmmm!!!

[idpickering]

The Gross & operating margins are "very nice" and the free cash flow covers the divi.

Hmmm!!!

I agree. Beats me why they're down 10% today? I know I'm not selling.

Ian.