Investec Ltd. interim results September 2017
Interest income for the period increased to GBP1.225 billion (2016: GBP1.038 billion), profit before taxation rose to GBP326.3 million (2016: GBP290.7 million), earnings attributable to shareholders climbed to GBP252.4 million (2016: GBP208.6 million), while headline earnings per share lowered to GBP24.6 pence per share (2016: GBP24.8 pence per share).
Ordinary share dividend announcement
Declaration of dividend number 124
An interim dividend number 124, being a gross dividend of 200.00000 cents (2016: 178.00000 cents) per ordinary share has been declared by the Board from income reserves in respect of the six months ended 30 September 2017 payable to shareholders recorded in the shareholders' register of the company at the close of business on Friday, 08 December 2017.
Preference share dividend announcement
Non-redeemable non-cumulative non-participating preference shares ("preference shares") - Declaration of dividend number 26
Preference dividend number 26 has been declared from income reserves for the period 01 April 2017 to 30 September 2017 amounting to a gross preference dividend of 405.57588 cents per share payable to holders of the non-redeemable non-cumulative non- participating preference shares as recorded in the books of the company at the close of business on Friday, 08 December 2017.
Whilst the global economy has improved our two key geographies suffer from continued political uncertainty.
Notwithstanding this, the group has continued to improve in shape and capability. Further progress has been made in dealing with the UK legacy book and the development of the private bank in the UK is gaining traction, as are the various digital initiatives. The continued investment in infrastructure and people across the group is indicative of the group's confidence in the franchise and will position the businesses appropriately for future growth and development.