JD Sports shares fall despite hiking dividend on back of higher revenue

JD Sports shares fall despite hiking dividend on back of higher revenue

JD Sports has raised its dividend on the back of a double-digit rise in revenue but shares in the company have dropped more than 7 per cent as it warned that visibility in US trading was "uncertain"

JD Sports pays £52m dividends as revenue tops £11.4bn – Northern Financial Review

JD Sports Fashion plc, the Bury-based FTSE 100 retailer, said it increased dividends paid in the year to February 1, 2025, to £52 million, as group revenue rose 8.7% to £11.458 billion. JD Sports had 4,871 stores worldwide at May 3, 2025. Profit before tax fell 11.8% to £715 million, due partly to an increase of £53 million in adjusting items. Total proposed dividend is up 11.1% to 1p. The company’s shares fell about 9% to 84p to give the firm a…