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Chesnara PLC hikes 2018 interim dividend to 7.21p

John Deane, chief executive of Chesnara Plc (LON:CSN) tells Proactive's Andrew Scott the first half saw them generate more than sufficient cash to fund their dividend strategy.

The life and assurance pensions company hiked its interim dividend to 7.21p from 7.00p the year before.

Deane says they're making good progress with the Scildon development programme, where there's been a 29% increase in the sales of term contracts compared to the first half of 2017.

Quick facts: Chesnara PLC

Price: 284.5 GBX

LSE:CSN
Market: LSE
Market Cap: £426.94 m
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Chesnara PLC to continue to pay dividends despite pandemic disruption

Chesnara PLC's (LON:CSN) John Deane tells Proactive London's Andrew Scott they'll continue to pay dividends despite the coronavirus (COVID-19) pandemic disruption. The group raised its dividend by 3% to 21p for the year ended December 31, 2019, as its economic value - which includes the value...

on 15/4/20

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