Building the Olympic Aquatic Centre helps Balfour Beatty (LSE: BBY) progress.
Balfour Beatty (LSE: BBY) advanced 5p to 299p during early London trade after the infrastructure and construction firm released its half-year results.
Balfour said total group revenue climbed 7% to £4,825 million and profits from underlying operations improved 12% to £154 million. Excluding acquisitions and disposals of investment assets, revenue increased by just 1% and profits fell by 16%.
However, the half-year dividend was lifted by 6% to 5.6p per share.
The FTSE 250 mid-cap company added that it had received £5 billion of new orders during the first half, to leave the current order book almost unchanged at £15 billion.
Operational highlights during the first six months of 2012 included the completion of the London Olympic Aquatic Centre and being selected to manage the Olympic Park on a ten-year contract from 2013.
Other first-half activities included widening various roads in the United States, managing drainage and rail projects in the Middle East, and cabling the Humber Gateway wind farm.
Ian Tyler, Balfour's chief executive, said:
"We have delivered another set of solid results in challenging markets and remain on track to meet our expectations for the full year."
"We are making good progress on the early stages of our growth strategy in key industry verticals where our deep asset knowledge differentiates us from the competition."
"The increase in our interim dividend, consistent with our progressive policy, reflects our confidence that we are well-placed to take full advantage of the global growth in infrastructure markets."
Right now, Balfour Beatty is just one of a number of FTSE shares that offers a dividend income well ahead of what you can expect to receive from a standard savings account.
Indeed, with the shares at 299p, Balfour's trailing 14.1p per share twelve-month dividend supports a yield of 4.7%.
If you are seeking other income possibilities, this special free report could assist your investment decisions. "8 Top Income Stocks Held By Britain's Super Investor" reveals the favourite high-yield shares held by Neil Woodford -- the legendary City investor who has thrashed the market during the 15 years to 2011 by favouring dividend-paying companies.
Just click to download the free Neil Woodford report today. But hurry, this report will remain available for a limited time only.
Investing is by no means easy in today's uncertain economy. That's why we've published "Top Sectors Of 2012" -- our guide to three favourable industries. This free report will be dispatched immediately to your inbox.
Further Motley Fool investment opportunities:
> Maynard does not own any share mentioned in this article.