Gateley (Holdings) (LON:GTLY) Is Due To Pay A Dividend Of £0.033

As an investor, you're always on the lookout for companies that offer a steady stream of income through dividends. Gateley (Holdings) (LON:GTLY) is one such company, with a history of paying regular dividends to its shareholders. In this article, we'll take a closer look at Gateley (Holdings) and its upcoming dividend payment.

About Gateley (Holdings)

Gateley (Holdings) is a UK-based company that provides commercial legal services. It operates as a full-service national law firm, promoting the commercial interests of companies, individuals, and organizations. The company is listed on the Alternative Investment Market (AIM) of the London Stock Exchange and has a market capitalization of approximately £187 million.

Dividend History

Gateley (Holdings) has a history of paying dividends to its shareholders. The table below shows the company's dividend history over the past few years:

| Ex-Dividend Date | Payment Date | Dividend Amount (Change) | Adjusted Price | Close Price |
| --- | --- | --- | --- | --- |
| 2024-02-22 | 2024-03-28 | 3.3000 GBp (-46.77%) | 140.00 GBp | 140.00 GBp |
| 2023-09-28 | 2023-10-27 | 6.2000 GBp (87.88%) | 148.00 GBp | 148.00 GBp |
| 2023-02-23 | 2023-03-31 | 3.3000 GBp (-40%) | 182.50 GBp | 182.50 GBp |
| 2022-09-22 | 2022-10-28 | 5.5000 GBp (83.33%) | 191.41 GBp | 195.00 GBp |
| 2022-02-17 | 2022-03-31 | 3 GBp (-40%) | 183.73 GBp | 192.50 GBp |
|... |... |... |... |... |

As you can see, Gateley (Holdings) has paid dividends consistently, with both increases and decreases in the dividend amount over time. The company's dividend policy aims to balance the needs of its shareholders with the long-term growth prospects of the business.

Upcoming Dividend

Gateley (Holdings) has announced that it will pay an interim dividend of £0.033 per share on 2024-03-28. This dividend will be paid to shareholders who are on the register as of the ex-dividend date, which is 2024-02-22.

Dividend Yield

The dividend yield is an important metric for investors, as it represents the annual dividend payment as a percentage of the share price. As of the time of writing, Gateley (Holdings) has a dividend yield of approximately 7.34%. This means that for every £100 invested in the company, you would receive £7.34 in dividends annually.

Conclusion

Gateley (Holdings) (LON:GTLY) is a solid choice for investors looking for a steady stream of income through dividends. With a history of paying regular dividends and an upcoming payment of £0.033 per share, the company offers an attractive option for those seeking to diversify their portfolios with income-generating investments. As always, it's essential to conduct thorough research and consider your personal financial situation before making any investment decisions.