Cobham plc announced the Board intends to reinstate an ordinary dividend payment with the 2019 interim results. It intends to follow a progressive policy which will take into consideration the profitability and underlying growth of Cobham's businesses and its capital requirements, while ensuring an appropriate level of earnings and free cash flow cover. It anticipates announcing a first full year dividend of 1.0 pence. Approximately 40% of the full year dividend will be paid at the interim stage;

The company announced Mike Wareing has informed the Board of his intention to step down as Chairman, having led the Board through a period of significant change over the last two years and having been a Director since December 2010. A search for his successor is underway and it is intended that Mike will leave the Board before the end of 2019.