But, Barratt shares failed to celebrate, losing 0.4p, or 0.07%, to 535.2p.
In the 12 months to 30 June, pre-tax profit rose by 9.2% compared with the same period to 30 June 2017, at £862.6 million against £799.2 million.
Rise in housing units completed
The total dividend pay-out per share was 5% higher at 43.8p, from 41.7p, and revenue was 4.8% higher, at £4.874 billion from £4.650 billion.
Gross margin was 0.7 percentage points higher at 20.7% from 20%, and operating margin was 0.5 percentage points higher at 17.7% against 17.2%. Gross margin is calculated by deducting the cost of goods sold from sales revenue, while operating margin additionally takes into account operating expenses.
The number of housing units completed during the year was 1.1% higher at 17,579 from 17,395, and there was a 7.6% rise in tangible net assets per share, at 366p, against 340p.
Barratt said its medium-term targets included a 3% to 5% volume growth a year, a minimum return on capital employed of 25% and a minimum gross margin of 23% on land acquisition.