Halma hikes its dividend

TECHNOLOGY group Halma hiked its dividend seven per cent yesterday, marking the 34th consecutive year it has raised the shareholder payout by more than five per cent.

The group reported a six per cent jump of adjusted pre-tax to £60.8m for the six months to September, on revenues up six per cent to £298.1m.

FTSE 250-listed Halma was boosted by strong growth in Asia Pacific, with revenue up 17 per cent. Weak demand in the UK and Europe was offset by US growth.