The owner of the Daily Mail and Mail on Sunday increased the dividend for investors but reported a fall in profits.
In a boost to shareholders, Daily Mail & General Trust said its payout would rise by 1 per cent to 24.1p for the year to September 30.
Increase: Daily Mail & General Trust said its payout would rise by 1 per cent to 24.1p for the year to September 30
Many other firms suspended dividends during the coronavirus crisis.
But DMGT also said disruption from Covid-19 caused its annual revenues to fall from £1.4billion to £1.2billion, with profits falling from £145m to £72m.
Paul Zwillenberg, chief executive, said: ‘I am pleased with DMGT’s performance in a highly challenging environment.’
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