Ferguson PLC Announces Notice of Dividend Currency Exchange Rate
Ferguson plc (NYSE:FERG) announced a quarterly dividend of $0.75 per share for Q1, payable on February 3, 2023, to shareholders registered by December 16, 2022. Shareholders can receive this dividend in US dollars or pounds sterling, with a currency exchange rate of 1.21740 GBP/USD, resulting in a GBP dividend of £0.61 per share for those opting for GBP. The currency election deadline was January 6, 2023. This dividend reflects the company’s commitment to returning value to shareholders.
- Quarterly dividend declared at $0.75 per share supports shareholder income.
- Dividend payment date set for February 3, 2023, indicates steady cash flow.
- Currency exchange rate impacts GBP-denominated dividend, potentially affecting shareholders in the UK.
WOKINGHAM, UK / ACCESSWIRE / January 16, 2023 / On December 6, 2022, Ferguson plc (NYSE:FERG)(LSE:FERG) (the "Company") announced its intention to pay a quarterly dividend of
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 Q1 Dividend, was January 6, 2023, and was communicated to shareholders on December 6, 2022.
Set out below is the currency exchange rate for shareholders who will receive the Q1 Dividend in GBP. The GBP dividend per share figure has been rounded down to the nearest pence:
Dividend declared in USD | Exchange rate (GBP/USD) | Dividend to be paid for shareholders receiving dividends in GBP |
1.21740 | £0.61 per share |
The Q1 Dividend will be paid on February 3, 2023, to shareholders who were on the register as at 8:00pm (ET) on December 16, 2022.
Inquiries:
| Kate McCormick, Company Secretary | Tel: +44 (0) 118 927 3827 |
| Brian Lantz, Vice President IR and Communications | Mobile: +1 224 285 2410 |
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SOURCE: Ferguson PLC
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