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Advantage members receive dividend for third year
Advantage has made a dividend payment to all members for the third consecutive year. The payment, for the financial year 2012-2013, is £2.50 per share, an increase of 25% on the 2011-2012 dividend.
Advantage said the payment was equivalent to a 25% reduction in the standard membership fee which, it claimed, was ‘a healthy return on investment’.
Managing director Julia Lo Bue-Said said: "Unlike other consortia, Advantage is wholly owned by its members and all its members own shares.
"In a year which saw considerable change within the organisation, it is encouraging that we achieved a strong enough profit, up 27% on the previous year, to enable us to make a dividend payment to members."
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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