Experian reveals dividend plan
Nottingham-based information services business Experian has announced further plans of its interim dividend payout.
Experian said it is to pay 10.25 US cents per ordinary share on 27 January to shareholders on the register of members on 30 December 2011.
The business has announced it will use an exchange rate of $1.5497 per £1 meaning each shareholder is set to receive 15.88 pence per share.
It comes after Experian said two months ago that it remains on the hunt for global acquisitions after growing interim revenues by 15 per cent.
The company, which also completed the $380m (£238m) purchase of Computec in November, reported sales of $2.3bn (£1.4bn) for the six months to 30 September 2011, up from $2bn (£1.25bn) for the same period last year. Total EBIT from continuing operations also rose 16 per cent to $560m (£351m).
Its chief executive Don Robert said: "We are realising the benefits of investment in our global growth programme, which is increasingly apparent in our results."
The company also announced the death of its chief financial officer Paul Brookes this morning (9 January). Brookes passed away suddenly at his home in California over the weekend.
Chairman Sir John Peace said: "Paul was a great friend, a talented colleague and an inspirational leader and will be greatly missed by all those who had the pleasure of working and dealing with him. Our immediate thoughts are with his wife and family and we will do everything we can to support them at this difficult time.
"Paul's legacy to Experian will be the very strong global finance team he developed, who will provide all the necessary support and coverage needed as we move forward."
