DIVIDEND POLICY Progressive, aligned to the free cash generation of the Group, but subject to it being covered by
earnings, targeting a ratio in excess of 2.5x.

Type
Record Date
 Payment Date
Amount per share
Total per share for the year
Cover Ratio Aggregate amount per payment £’000 
Interim 29-Nov-19 03-Dec-19 0.450p 499
Final 23-Aug-19 27-Sep-19 1.220p 1.660p 2.98 1,359
Interim 30-Nov-18 28-Dec-18 0.440p 489
Final 24-Aug-18 28-Sep-18 1.180p 1.600p  3.64 1,369
Interim 01-Dec-17 29-Dec-17 0.420p 487
Final 01-Sep-17 29-Sep-17 1.150p 1.550p 4.35  1,334
Interim 02-Dec-16 30-Dec-16 0.400p 464
Final 02-Sep-16 30-Sep-16 1.115p 1.500p 2.91 1,293
Interim 04-Dec-15 31-Dec-15 0.385p 440
Final 21-Aug-15 30-Sep-15 1.000p 1.350p  5.34 1,142
Interim 19-Dec-14 15-Jan-15 0.350p 398
Final 22-Aug-14 25-Sep-14 0.790p 1.120p 4.24 893
Interim 20-Dec-13 17-Jan-14 0.330p 367
Final
30-Aug-13
27-Sep-13
0.750p
1.080p
 2.14 834
Interim
14-Dec-12
11-Jan-13
0.330p
367
Final
22-Aug-12
21-Sep-12
0.750p
1.080p
2.67 833
Interim
09-Dec-11
29-Dec-11
0.330p
367
Final
26-Aug-11
23-Sep-11
0.740p
1.060p
1.91 821
Interim
10-Dec-10
30-Dec-10
0.320p
 –
351
Second
Interim
26-Feb-10
01-Apr-10
0.720p
1.030p
1.94 776
Interim
09-Dec-09
21-Dec-09
0.310p
336
Final
19-Aug-09
25-Sep-09
0.700p
1.000p
2.81 757
Interim
26-Nov-08
17-Dec-08
0.300p
 –
325
Final
22-Aug-08
26-Sep-08
0.650p
0.800p
5.05 702
Interim
28-Nov-07
21-Dec-07
0.150p
166
Final
24-Aug-07
28-Sep-07
0.175p
0.175p
4.69 193
Final
25-Aug-06
29-Sep-06
0.150p
0.150p
3.27 167
Final
19-Aug-05
16-Sep-05
0.125p
0.125p
7.36 140
Final
20-Aug-04
16-Sep-04
0.100p
0.100p
6.70 111
Final
29-Aug-03
19-Sep-03
0.050p
0.050p
54.40 46