Mitchell Services Limited announced that as part of its ongoing capital management strategy that it has introduced a formal dividend policy that will take effect from 1 July 2022. The Company is committed to delivering cash returns to its shareholders and pursuant to the terms of the policy, up to 75% of the Company's reported post tax profits will be paid to shareholders in the form of a dividend. Under the proposed dividend policy, an interim dividend will be declared with the Company's half year results (expected February 2023) with a final dividend to be declared at the Company's full year results (expected August 2023).

The amount of each dividend will be up to 75% of reported after-tax profit for the corresponding six-month period.