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Bovis Homes bouncing back

The housebuilder declared a 45p special dividend, as the first in a series until 2020
September 6, 2018

The benefits of last year’s restructuring are now clearly visible at Bovis Homes (BVS), and strong cash generation means that shareholders are being rewarded with a special dividend of 45p a share, which along with an increased half-year dividend pushes the dividend yield upwards of 8 per cent. And the housebuilder also intends to return a total of 134p a share in special dividends in the three years to 2020.

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