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Clarkson PLC Reports Steady Financials and Dividend Growth
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Clarkson PLC Reports Steady Financials and Dividend Growth

Clarkson (GB:CKN) has released an update.

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Clarkson PLC, a global leader in shipping services, has announced a slight decrease in underlying profit before taxation to £51.5m for the first half of 2024, compared to £53.1m in the previous year, but saw an increase in both spot and forward business in its Broking division. The company remains financially robust with £178.4m in free cash and has raised its interim dividend to 32p per share, marking the 22nd consecutive year of dividend growth. Clarkson’s CEO expressed confidence in meeting full-year expectations and continuing the company’s progressive dividend policy.

For further insights into GB:CKN stock, check out TipRanks’ Stock Analysis page.

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