Replacement vehicles and repair provider Redde said it expects its annual results to beat expectations, following a strong fourth quarter.The AIM-listed group said cash generation remained strong and total cash balances were £64.9m at the end of May compared to £62.8m two months prior and 11.3% higher than at the end of the company's last financial year in June 2014.Net cash balances were up 7.7% to £38.8m in the two months between the end of March and the end of April and slightly down from the £41.6m reported at the end of June last year.Redde said it has paid dividends totalling £21.1m during the year ending 30 June, which is more than double the £8.5m it paid throughout 2014.The group added it expects to declare a final dividend of not less than 4p per share, making a total dividend for the year of not less than 8p, which would represent an increase of 16.8% on last year's dividend.Redde shares were up 0.97% to 130.00p at 08:20 on Monday.