Henry Boot PLC Optimistic as Dividends Rise
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Henry Boot PLC Optimistic as Dividends Rise

Henry Boot (GB:BOOT) has released an update.

Henry Boot PLC reported robust property sales and an optimistic market outlook, leading to a 5% interim dividend hike for the first half of 2024. Despite a slower start to the year with lower forward sales affecting initial financial results, 81% of the company’s budgeted sales for 2024 are already completed, exchanged, or reserved. The company’s strong balance sheet and a growing land bank signal confidence in meeting medium-term targets and full-year expectations.

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

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