Berkeley Group is on target to return 200p a share to shareholders in January, having generated £476m in cash in 2005-06.
The housebuilder, which has become an urban regeneration specialist focused on London and the South East, said it was ahead of its business plan launched two years ago.
After declaring it would return a total of £12 a share to shareholders by January 2011, it paid out 500p in November 2004 and set target dates of 2007, 2009 and 2011 for further instalments.
Profit for the year was up 6.2% to £165m and earnings per share were up 44.9% to 168.4p.
References: Financial Times 01/07/06 page 22, Daily Telegraph 01/07/06 page 30, The Times Business 01/07/06 page 48
