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Record revenue and underlying proft growth achieved; fifth consecutive year of like-for-like pub sales growth.
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Strong growth in Brewing with own and licensed brands exceeding 330 million pints.
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Net Asset Value increased and supported by £2 billion estate valuation.
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Full year dividend maintained at 7.5 pence per share. Dividend cover at 1.9 times.
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Clear plans for growth in 2019.
And later;
Dividend
The Board recommends a final dividend per share of 4.8 pence per share, bringing the full year dividend per share to 7.5 pence per share, unchanged compared to 2017. Dividend cover is maintained at
1.9times.
Dividends on ordinary shares
An interim dividend of 2.7 pence per ordinary share was paid on 3 July 2018. The Directors recommend a final dividend of 4.8 pence per ordinary share to be paid on 28 January 2019 to shareholders on the register on 14 December 2018. This would bring the total dividend for 2017/18 to 7.5 pence per ordinary share (2017: 7.5 pence per ordinary share). The payment of the final dividend is subject to shareholder approval at the AGM.
http://www.marstons.co.uk/docs/financia ... t_2018.pdf