Big Yellow pays its first interim dividend since ‘07

first_img KCS-content SELF-storage firm Big Yellow Group posted a 26 per cent rise in first-half adjusted pretax profit and resumed its interim dividend. “The business is experiencing the usual seasonal slowdown, but as in previous years, we look forward to an improvement in demand from early 2011 as we enter our more buoyant spring and summer trading periods,” executive chairman Nicholas Vetch said.The company, which has 61 stores and a further nine in development, said it would pay an interim dividend of 4p per share. The company last paid an interim dividend in 2007.Pre-tax profit in the six months to September was £9.7m, excluding one-off items, compared to £7.7m a year ago. Revenue was up seven per cent to £31.1m.Big Yellow, whose stores are mainly in London and the South East, said its occupancy growth more than doubled to 209,000 sq ft in the first half. Big Yellow pays its first interim dividend since ‘07 whatsapp whatsapp Monday 22 November 2010 7:15 pm Share Tags: NULL More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Show Comments ▼last_img

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