Nichols has confirmed a second interim dividend of GBP0.081 per ordinary share, instead of declaring a final dividend for the 2009 year end.
The soft drinks producer and dispense firm, which owns the Vimto drinks brand, said today (4 March), that this will give a total dividend for the year of GBP0.12p, a 9% increase on last year.
“[This] indicates the confidence the board has in the business generally and also how well it performed during 2009,” the firm said.
The group’s results for this period will be announced on 24 March. The second interim dividend will be paid on 31 March to shareholders on the register at the close of business on 12 March 2010.
The board anticipates that future dividend payments will be paid in line with its normal dividend schedule.
Earlier this year, Nichols acquired the Ben Shaws ‘soft drinks on draught’ business in the UK from Belgian firm Sunnyland Distribution for an undisclosed sum.
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