Kier Half Year Results to 31 December 2018

[Dod101]

No one seems to have reported these yet but can be found here:

https://www.kier.co.uk/media/3676/kier- ... _final.pdf

I have no interest in this company and they may be as expected.

Dod

[daveh]

Dividend
An interim dividend of 4.9p (H1 FY18: 23.0p), amounting to £8m, will be paid on 17 May 2019 to shareholders on the register at the close of business on 29 March 2019. As an alternative to the cash dividend, shareholders will be offered the option to participate in a dividend reinvestment plan (DRIP). The deadline for shareholders to submit their instructions to participate in the DRIP is 5.30 p.m. (London time) on 25 April 2019.


Not one I hold and margins of just over 2% are a little worrying - wouldn't take much in the way of mistakes when pricing contracts to fall into a loss. Plus that's a big cut in the dividend.

[Dod101]

Personally I would not touch Kier, or any other contractor for that matter, but I am sure some will hold it.

Dod