Dividend Declaration

RNS Number : 4826A

BrainJuicer Group PLC

21 March 2013

 

Press Release                                                                                          21 March 2013

BrainJuicer Group PLC

 ("BrainJuicer" and the "Company")

Dividend Declaration

The Board is proposing a final dividend of 2.25p (net) per share (2011: 2.25p) at the Company's AGM on 22 May 2013.  After taking account of the 2012 interim dividend of 0.85p per share, up 13.3% on the prior year (2011: 0.75p), this would give a full year payment of 3.1p per share, an increase of 3.3% over 2011 (2011: 3.0p), covered 2.5 times by diluted earnings per share.  The proposed dividend reflects the comfortable level of dividend cover, the Group's strong financial position, with year-end cash of £3,755,000 and no debt, and the Board's continued confidence in the future prospects for the business.

If approved, the final dividend will be paid on 28 June 2013 to shareholders on the register on 31 May 2013 and the shares will become ex-dividend on 29 May 2013.  Going forward, the Company expects to maintain dividend growth broadly in line with earnings per share

The Company can be found at www.brainjuicer.com.

- Ends -

For further information, please contact:

BrainJuicer Group PLC      

John Kearon, Chief Executive Officer                                    Tel: [phone]

James Geddes, Chief Financial Officer                                 www.brainjuicer.com

Canaccord Genuity Limited           

Simon Bridges / Henry Fitzgerald-O'Connor                          Tel: [phone]

www.canaccordgenuity.com

 

END

 

 

DIVDMGZFDGRGFZM