NATS paying out another bonus - £8.2million dividend
"The NATS Board decided at its meeting on 24 November to pay another £8.2m dividend to shareholders for the year ending 31st March 2012. For employees, who hold shares, this will mean a payment of up to £136* to be paid in December salaries.
The £8.2m dividend equates to 5.73 pence per share.
Part of the revenue allowances that NERL receives from its customers are designed to provide dividend payments to shareholders. In CP3 (2011 - 2014), the Economic Regulator has allowed for average dividend payments from NERL of over £50m p.a."
Quick, who's got the keys for the Outrage bus and has it got any petrol in it?
BD