Mears Group proposes 9% dividend increase for FY25

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Retired U.S. admiral warns Iran war could last longer than expected Oil prices tick down, set for weekly losses on Middle East de-escalation hopes Trump extends pause to Iran power plant strikes - what’s moving markets Iran conflict latest: Trump pauses Iran energy plant strikes by 10 days (South Africa Philippines Nigeria) Mears Group proposes 9% dividend increase for FY25 By Company News Published 03/27/2026, 05:38 AM Mears Group proposes 9% dividend increase for FY25 0 MERG -1.43% LONDON - Mears Group PLC announced a proposed final dividend of 11.90p per share for the fiscal year 2025, bringing the total annual dividend to 17.50p, according to a press release statement. The total dividend represents a 9% increase from the prior year’s 16.00p per share. The final dividend requires shareholder approval at the company’s annual general meeting scheduled for June 3, 2026. If approved, the dividend will be paid on July 9, 2026 to shareholders on the register as of the close of business on June 19, 2026. The ex-dividend date is June 18, 2026. The dividend proposal was initially disclosed in the company’s final results published on Wednesday. Mears Group provides services to the housing sector in the UK, managing and maintaining approximately 450,000 homes across the country. The company employs over 5,000 people and works primarily with central and local government entities through long-term contracts. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.