Games group pays a prize set of dividends

Games Workshop Group has raised its dividend by more than expected as the Warhammer retailer and supplier reported that trading was on track with targets for the past three months.

Shares in the fantasy games business rose sharply after it said trading over the quarter to the end of February “has been in line with expectations” and declared a dividend of 70p a share, to be paid at the end of May.

Total dividends announced over the year so far, including the new payment, have risen to 235p a share from 185p a year ago the company said.

In its previous trading update, Games Workshop revealed total revenues increased by 2.5 per cent to £191.5 million for the six months to the end of November

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