IRELAND: C&C Group declares share dividend
C&C Group has said that a quarter of its shareholders have opted to receive shares in the company instead of either all or part of a final cash dividend.
The Magners cider maker said yesterday (5 July) that it will issue 316,818 shares at EUR0.01 (US$0.014) each to 25.6% of its ordinary shareholders. The shares are expected to begin trading on 13 July.
The shareholders have chosen to receive the shares in lieu of either all or part of a cash dividend.
In its full-year results announcement, C&C proposed a 10% rise on its final dividend, to EUR0.033 per share. Last week, C&C reported that stronger demand for Magners cider during a spate of hot weather in the UK helped to insulate it from problems elsewhere in its portfolio in its fiscal first-quarter.
The final part of just-drinks' December management briefing, looking back over the past 12 months, reviews what 2011 meant for the global wine industry. Ben Cooper reports....
In the second part of just-drinks' review of 2011, Michelle Russell looks at how the soft drinks category has fared in the last 12 months....
Ten years on and the legacy of Pernod Ricard and Diageo's carve-up of Seagram is still being felt....
- Interview - Pernod Ricard's luxury director
- What's coming up in wine in 2017? - Comment
- Chile's winemakers caught out by Brexit "disease"
- The just-drinks Analyst - 2017 forecasts
- The Cognac Category - Everything you need to know
- Diageo Australia names new commercial head
- Edrington readies Americas, GTR exec switches
- High-end Cognac making recovery in China - Pernod
- Suntory sends staff to fat camp - report
- "Beer and weed are complements" - analyst
- The Next Seven Big Beverage Markets
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global Cognac insights - market forecasts, product innovation and consumer trends
- Darker Than Before: Global Prospects for Brown Spirits
- Global gin insights - market forecasts, product innovation and consumer trends