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Elementis keeps cash promise

Elementis (ELM) nearly doubled capital expenditure last year, but the chemicals company generates so much cash it’s paying a chunky special dividend, in line with its promise to return half of year-end net cash back to shareholders. This time it’s an extra 4.79¢ (3.15p), increasing the dividend yield to over 3.5 per cent.

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By Lee Wild,
26 February 2013

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