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LONDON - B.P. Marsh & Partners Plc, a private equity investor specializing in early-stage financial services businesses, has declared a special dividend following the successful disposal of its stake in Paladin Holdings Limited. The company confirmed the receipt of £9.17 million, representing the first tranche of deferred consideration from the sale of its shareholding in Paladin, the parent company of CBC UK Limited.
Shareholders of B.P. Marsh (AIM: BPM) will receive a special dividend of 8.08p per share, which is scheduled for payment on May 30, 2025. Those holding shares on the register by May 2, 2025, will be eligible for the dividend, with the ex-dividend date set for May 1, 2025.
In addition to the special dividend, B.P. Marsh has reiterated its intention to distribute a total of £5.0 million in dividends for the fiscal year ending January 31, 2026. This includes an interim dividend of £2.5 million, or 6.78p per share, which was already paid in February 2025, and a proposed final dividend of the same amount, subject to shareholder approval at the upcoming Annual General Meeting in July 2025.
Looking forward, the company plans to maintain a minimum annual dividend payment of £5.0 million for the financial years ending January 31, 2027, and 2028. However, the Board reserves the right to adjust the final dividend based on the company’s financial performance and capital commitments.
The Board will also review the dividend payment frequency annually, considering the group’s cash requirements. This announcement, containing inside information, aligns with B.P. Marsh’s history of consistent dividend payments and reflects the firm’s ongoing commitment to shareholder returns.
The information in this article is based on a press release statement from B.P. Marsh & Partners Plc.
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