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DJ Hydro Hotel, Eastbourne, Plc Dividend Declaration

 
TIDMHYDP 
 
Hydro Hotel, Eastbourne, Plc announces final dividend 
 
15 December 2016 
 
Hydro Hotel, Eastbourne, Plc announces that on 14 December 2016 they declared a 
final dividend for the year ended 31st October 2016. This is following a review 
of the provisional unaudited accounts for the year ended 31st October 2016. 
 
The Board of Directors have declared a dividend at the rate of 21.0 pence per 
share (2015, 18.0 pence) to be paid in two instalments: 
 
  * 7.0 pence per share (2016, 6.0 pence) on Thursday 19th January 2017 to 
    shareholders on the register on Friday 23rd December 2016. The ex-dividend 
    date will be Thursday 22nd December 2016; and 
 
  * 14.0 pence per share (2016, 12.0 pence) on Thursday 4th May 2017 to 
    shareholders on the register on Friday 21st April 2017. The ex-dividend 
    date will be Thursday 20th April 2017. 
 
This reflects consistency in the timing of payments with prior years, and the 
increased profit expected for the year, subject to audit, and the company's 
significant cash position. 
 
The Directors of the Company accept responsibility for the content of this 
announcement. 
 
Enquiries: 
 
Hydro Hotel, Eastbourne, Plc 
Sally Gausden 
Company Secretary 
Telephone: +44 1323 411019 
 
ISDX Growth Market Adviser 
 
Mazars Corporate Finance Limited 
www.mazars.co.uk 
Adrian Alexander 
Telephone: +44 20 7063 4000 
 
 
 
END 
 

(END) Dow Jones Newswires

December 15, 2016 05:32 ET (10:32 GMT)