http://www.investegate.co.uk/article.aspx?id=201009230700061425T&fe=1
Hansard Global plc ("Hansard" or "the Group"), the specialist long-term savings provider, today announces its results for the year ended 30 June 2010.
Year ended 30 June 2010 2009
IFRS profit after tax £16.4m £20.1m
IFRS EPS 11.9p 14.7p
EEV profit after tax £28.0m £10.3m
EEV earnings per share 20.4p 7.5p
New business margin 6.9% 6.1%
Shareholder cash generation 24.2m £25.0m
Cash payback on new business 2.8 years 2.9 years
Recommended final DPS 7.7p* 7.35p**
As at 30 June 2010 2009
European Embedded Value £247.0m £236.6m
Assets under Administration £1,135m £1,002m
Hansard has performed well this year with new business flows showing improved profitability and growth for the third consecutive quarter. New business margins have increased to 6.9% from 6.1% in the year ended 30 June 2009, primarily as a result of increased volumes of regular premium new business from Latin America and the Far East. The Board has proposed a final dividend of 7.7p per share which, if approved by the shareholders, represents a total dividend of 13.2p per share in respect of the financial year (2009: 12.6p).
Nice chunky yield...
Anyone invested here?