It came as Rolls also upgraded its profit forecast for 2024. In half-year results, the company predicted a full-year underlying operating profit of £2.1bn to £2.3bn, compared to analyst expectations of around £2bn. This is the figure the dividend will be based on after taxes and any other payables are deducted.
The new target for free cash flow of £2.1-2.2bn is also up from an earlier prediction of £1.7-1.9bn.
For the first half of 2024, Rolls reported sales of £8.1bn up from £6.9bn a year earlier. Underlying operating profits, meanwhile, leapt from £673m to £1.2bn.
The company previously reported blockbuster annual results in February that saw profit margins double and record free cash flows.
Under Mr Erginbilgic, Rolls’s share price has risen more than 400pc and the company’s prized “investment grade” status has been restored by credit rating agencies.