Games Workshop unveils further dividend as sales boom

The maker of miniature wargame figures said the latest dividend would take the total announced this financial year to 235p a share compared with 145p the previous year.

The FTSE 250 group said the payout was in line with its policy of "distributing truly surplus cash".

For the year to the end of May 2021 group sales will be no less than £350m compared with £270m a year earlier and profit will be at least £150m, up from £89m. Licensing royalties are included and will be about £15m, down from £17m a year earlier.

Games Workshop has traded strongly during the Covid-19 crisis as people stuck at home during lockdowns have spent spare cash on the company's miniature figures. The company announced a dividend of 45p a share in March.

Employees will receive £12m in share bonuses during the year, paid equally to each member of staff, up from a total of £2m the year before.

The 50p dividend will be paid on 5 July for shareholders on the register at 28 May, with an ex-dividend date of 27 May.