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Jul 31 2019, 08:35 IST/BST
Ibstock plc
Another supplementary dividend and a bolt-on deal announced
- Sectors : Building products
- Companies : Ibstock plc
DAVY VIEW
Ibstock has reported a solid looking set of H1 results, announced a bolt-on acquisition and indicated that its full year expectations are “broadly unchanged”. The announcement of a supplementary dividend, while unsurprising, should be well received. It effectively boosts the group’s dividend yield to over 5.5% and underlines Ibstock’s financial well-being.
