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Ferguson PLC Announces Notice of Dividend Currency Exchange Rate

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Ferguson PLC has declared an interim dividend of US$0.84 per share, set to be paid on May 6, 2022. Shareholders had until April 8, 2022 to elect to receive dividends in GBP instead of USD. The dividend amount converts to 64.46 pence per share based on an exchange rate of 1.3031 GBP/USD. Shareholders on the register as of March 25, 2022 at 8:00 PM ET will be eligible for this payment.

Positive
  • Interim dividend of US$0.84 per share enhances income for shareholders.
  • Conversion rate provides GBP shareholders a beneficial rate of 64.46 pence.
Negative
  • None.

WOKINGHAM, UK / ACCESSWIRE / April 20, 2022 / On March 15, 2022, the Company announced its intention to pay an interim dividend of US$0.84 per share ("Interim Dividend").

Eligible shareholders will receive their dividends in US dollars ("USD"), unless an election to receive dividends in pounds sterling ("GBP") is completed and registered with the Company's registrars. The deadline for the currency election in respect of the Interim Dividend, was April 8, 2022 and was communicated to shareholders on March 15, 2022.

Set out below is the currency exchange rate for shareholders who will receive the Interim Dividend in GBP:

Dividend declared

Exchange rate (GBP/USD)

Dividend to be paid for shareholders receiving dividends in GBP

84.00 US cents per share

1.3031

64.46 pence per share

The Interim Dividend will be paid on May 6, 2022 to shareholders who were on the register as at 8:00pm (ET) on March 25, 2022.

Enquiries:

Graham Middlemiss, Group Company Secretary

Tel: +44 (0) 118 927 3800

Brian Lantz, Vice President IR and Communications

Mobile: +1 224 285 2410

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Ferguson PLC



View source version on accesswire.com:
https://www.accesswire.com/698082/Ferguson-PLC-Announces-Notice-of-Dividend-Currency-Exchange-Rate

FAQ

What is the dividend amount declared by Ferguson PLC?

Ferguson PLC declared an interim dividend of US$0.84 per share.

When will the dividend be paid?

The dividend will be paid on May 6, 2022.

What is the deadline for currency election for the dividend?

The deadline for currency election was April 8, 2022.

What is the exchange rate for the interim dividend in GBP?

The exchange rate is set at 1.3031 GBP/USD, resulting in a dividend of 64.46 pence per share.

Who is eligible to receive the dividend?

Shareholders on the register as of March 25, 2022, at 8:00 PM ET are eligible to receive the dividend.

Ferguson Enterprises Inc.

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