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.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now