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Kainos announces special dividend

The group will pay 6.7 pence per share as a special dividend to shareholders, after it suspended its final dividend in March
July 27, 2020

Shares in Kainos (KNOS) jumped up by nearly a fifth in morning trading, as the IT provider said that it expects revenue and adjusted profits to beat forecasts for its full year to March 2021. And shareholders were given an income boost when management revealed a 6.7p special dividend* (in lieu of the final dividend), and a reversion to the company's normal interim and final year dividend cycle. 

 

 

 

IC TIP: Buy at 978p
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