Pearson 2009 results and dividends up
On March 13th, 2010, Pearson announced a total dividend for 2009 of 35.5p up 5.0% on 2008, and also ahead of inflation.
The group is expecting another year of underlying profit growth in 2010.
RNS Number : 8091H
01 March 2010
1 March 2010
PEARSON 2009 PRELIMINARY RESULTS
. . . .
The board is proposing a dividend increase of 5% to 35.5p, subject to shareholder approval.
2009 will be Pearson's 18th straight year of increasing our dividend above the rate of inflation.
Over the past ten years we have increased our dividend at a compound annual rate of 6%, returning more than £2bn to shareholders. Our dividend cover is now 1.8x.
. . . .
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