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The board declared an interim dividend of 8c per share to be paid on October 11, up from 7.5c a year earlier. That amounts to $17.7million of the company's $29.3million 2019 first-half net profit, which rose 2.7% from a year earlier.
Briscoe paid $40.7million, or 19c per share, of dividends in the 2018 financial year compared to just $11.7million, or 5.5c, in 2009.
Over that same period, annual profit has climbed to $61.3million from what was a trough of $11.6million in the wake of the global financial crisis and the last domestic recession.
The shares hit a low of 60c in March 2009, and were recently at $3.48, representing a dividend yield of 7.5%.
The retailer had already indicated profit would be up in the half on a 4.3% increase in sales to $292.2million.
An economic survey yesterday showed consumer confidence at a six-year low, although official gross domestic product data released yesterday showed household consumption grew 3.9% in the year to June 30.
Briscoe typically burns through cash in the first half, stocking up inventory for the end of year sales and paying a bigger final dividend.
Operating cash inflow grew to $7.6million, while capital investment more than doubled to $15.1million.
That partly reflected the company's participation in Kathmandu Holdings' recent equity raising. The retailer held cash and equivalents of $46.2.million at the balance date.