S&U continues dividend payments

UK new car registrations plunge 44%

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 applyin...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.