The Board is pleased to announce a modest interim dividend of 40p per share which will be paid on 14 September 2020 to shareholders on the register on 28 August 2020. The Board will continue to assess whether a further dividend may be paid prior to the end of the current financial year in satisfaction of the Board’s previously indicated final dividend for 2019.

The schedule of payments made or planned to be made under the Capital Return Plan are as follows:

Original Plan

New Plan

Original Plan

Pence Per Share

New Plan

Pence Per Share

28 June 2013

 

28 June 2013

4 July 2014

75

-

75 paid

70 paid

30 June 2015

 

 

2 April 2015

1 April 2016

31 March 2017

95

-

-

95 paid

110 paid

25 paid

30 June 2017

 

 

3 July 2017

29 March 2018

2 July 2018

110

-

-

110 paid

125 paid

110 paidΩ

30 June 2019

 

29 March 2019

2 July 2019

-

110

125 paid

110 paidΩ

30 June 2020

 

 

2 April 2020

6 July 2020

14 September 2020

115

125 cancelled

110 postponed

40*

30 June 2021

 

Late March 2021

Early July 2021

-

115

110*

125*

 

* Current anticipated profile of payments.

▲ Paid by a B/C Share Issue.

‡ Paid as an Interim Dividend.

Ω Paid as a Final Dividend.

  

Covid-19 - dividend cancellation and postponement

Due to the major social and economic disruption caused by the Covid-19 pandemic, after careful assessment of the capital needs of the business, the Board (i) cancelled the 125p per share interim dividend that was scheduled to be paid on 2 April 2020 and (ii) postponed the payment of the final dividend for the 2019 financial year of 110p per share that was scheduled to be paid on 6 July 2020.

 

Interim dividend of 40p per share to be paid on 14 September 2020:

  • Ex-dividend date: 27 August 2020
  • Record date: 28 August 2020
  • Payment date: 14 September 2020