Briscoe hikes interim dividend for 11th year

Wed, 19 Sep 2018

By Paul McBeth Sept. 20 (BusinessDesk) - Briscoe Group raised its interim dividend for an 11th straight year as the retailer remains confident it can keep boosting profit and shareholder returns, despite flagging consumer confidence. The board declared an interim dividend of 8 cents per share to be paid on Oct. 11, up from 7.5 cents a year earlier. That amounts to $17.7 million of the company's $29.3 million 2019 first-half net profit, which rose 2.7 percent from a year earlier. Briscoe paid $40.7 million, or 19 cents per share, of di...

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