Plus500 declares total interim dividend of $24.4M

Retail Forex and CFD broker Plus500 Ltd (LON:PLUS) today declared an interim dividend in respect of the six-month period to June 2015 of $0.2121 per share, giving a total of $24.37 million.

The announcement is in tune with an earlier statement from the company, following the cancellation of the planned acquisition of the broker by Playtech PLC (LON:PTEC). Under the terms of the proposed acquisition, the Board had agreed not to declare an Interim Dividend for 2015. However, after the termination of the merger agreement, the Board decided to declare an Interim Dividend.

The interim dividend represents a distribution of 60% of H1 2015 net profit, in accordance with Plus500’s stated dividend policy.

The dividend will be paid on February 29, 2016 to shareholders on the register at close of business on January 8, 2016 with the shares marked ex-dividend on 7 January 2016.

You can view the regulatory filing from Plus500 by clicking here.

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