Jensen Plc is an IT services company listed on the London Stock Exchange, which is looking to expand its operations into the provision of self-service point-of-sale systems for supermarkets across Europe. The company has grown rapidly in recent years with annual dividends having seen consistent growth as follows: Years 2019 2020 2021 2022 2023 Dividends 10.00p 12.00p 13.50p 14.50p 15.75p The company expects dividends to continue to grow for the foreseeable future in line with this recent dividend profile. Extracts from the companys most recent Balance Sheet as at 31 May 2023 are set out below: Ordinary 1 shares -14,000,000 5.5% 1 irredeemable preference shares -10,000,000 Retained earnings-19,400,000 Total Equity -43,400,000 7% irredeemable debentures