Andrews Sykes Group (ASY)

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FTSE AIM All-Share

622.50p
   
  • Change Today:
      2.50p
  • 52 Week High: 742.50
  • 52 Week Low: 537.50
  • Currency: UK Pounds
  • Shares Issued: 41.86m
  • Volume: 645
  • Market Cap: £260.57m
  • RiskGrade: 186

Andrews Sykes using excess cash to pay special dividend

By Josh White

Date: Friday 24 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Andrews Sykes said on Friday that its board has approved the payment of a special interim dividend of about £10m, or 23.7p per share.
The AIM-traded firm said that, as at 22 July, it had net cash reserves of around £29.9m.

Its directors had assessed the company's ongoing cash requirements under a range of forecast scenarios, and concluded that as a result of its expected "robust" cash generation, a portion of those cash reserves was surplus to requirements.

"The board has, therefore, decided to return such surplus capital to Andrews Sykes shareholders by way of the special dividend," the directors said in their statement.

Andrews Sykes said it would pay the dividend on 28 August to shareholders on the register on 7 August.

The ordinary shares would be marked ex dividend on 6 August.

At 0801 BST, shares in Andrews Sykes Group were up 12.73% at 620p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ASY Market Data

Currency UK Pounds
Share Price 622.50p
Change Today 2.50p
% Change 0.40 %
52 Week High 742.50
52 Week Low 537.50
Volume 645
Shares Issued 41.86m
Market Cap £260.57m
RiskGrade 186

ASY Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.16% below the market average80.16% below the market average80.16% below the market average80.16% below the market average80.16% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Price Trend
54.72% above the market average54.72% above the market average54.72% above the market average54.72% above the market average54.72% above the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Income
24.84% above the market average24.84% above the market average24.84% above the market average24.84% above the market average24.84% above the market average
6.25% below the sector average6.25% below the sector average6.25% below the sector average6.25% below the sector average6.25% below the sector average
Growth
51.43% below the market average51.43% below the market average51.43% below the market average51.43% below the market average51.43% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average

ASY Dividends

  Latest Previous
  Final Special
Ex-Div 23-May-24 05-Oct-23
Paid 21-Jun-24 03-Nov-23
Amount 14.00p 59.40p

Trades for 17-May-2024

Time Volume / Share Price
13:41 500 @ 638.25p
10:44 26 @ 640.00p
10:06 3 @ 640.00p
08:34 36 @ 605.00p
08:34 15 @ 640.00p

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