Car and property bridging finance provider S&U (LON: SUS) is paying a final dividend of 50p a share. This goes against the trend of other companies not paying dividends, but management is confident that the dividend is affordable even under current trading conditions due to COVID-19.
That is lower than the previous year’s final of 51p a share, but it means the total dividend for 2019-20 is 2% higher at 120p a share. This maintains the record of growing dividends.
S&U is not applying for money through any government schemes so there is no quandary about paying a dividend. There is...
