Renold plc (LON:RNO) announced today that the Board has declared the half yearly payment of the preference dividend in accordance with the terms of the 6 per cent. cumulative preference stock of £1.00 each, equal to 3 pence per unit.
The dividend will be paid on 4 January 2022 to preference stockholders on the register as at 3 December 2021. The ex-dividend date will be 2 December 2021.
Renold is a global leader in the manufacture of industrial chains and also manufactures a range of torque transmission products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. The Company has a well-deserved reputation for quality that is recognised worldwide. Its products are used in a wide variety of industries including manufacturing, transportation, energy, steel and mining.