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Morrison's Interim results

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Morrison's Interim results


Postby Breelander » September 12th, 2019, 7:32 am

The 2019/20 interim ordinary dividend will be 1.93p, up 4.3%.

In addition to the ordinary dividend, the Board is proposing another special dividend, this time of 2.00p per share. We remain confident that Morrisons has many meaningful and sustainable sales and profit growth opportunities ahead, and we also expect free cash flow to remain strong and sustainable. This further special dividend reflects our continued progress and expectations. We will continue to retain a strong and flexible balance sheet, and be guided by the principles of our capital allocation framework in assessing the uses of free cash flow.

Both the ordinary interim and special interim dividends of 1.93p and 2.00p per share respectively will be payable on 1 November 2019 to shareholders on the share register at the close of business on 27 September 2019. ... 00080442M/

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