Winkworth, the AIM-listed estate agency franchisor, has declared a third-quarter dividend of 3.3p per share. Shareholders on the company's register by 23 October will qualify for this payment, which is expected to be made on 20 November.
Shares will trade ex-dividend from 22 October, meaning investors purchasing shares on or after this date will not receive the payout.
The dividend announcement comes as Winkworth continues settlement discussions with its non-executive chairman, Simon Agace. High Court proceedings related to alleged breaches of confidentiality and directors' duties have been paused for one month to facilitate these talks. An independent review of Winkworth's board and corporate governance arrangements is also underway, with full findings anticipated in the coming weeks.