Ferguson plc: Notice of Dividend Currency Exchange Rate

Rhea-AI Summary

Ferguson plc (NYSE: FERG; LSE: FERG) announced its Q3 2024 dividend of $0.79 per share, payable on July 31, 2024. Shareholders on record as of June 14, 2024, will receive dividends in USD unless they opted to receive GBP by the July 3, 2024 deadline. The exchange rate for GBP is set at 1.2876, translating the dividend to £0.61 per share. The GBP amount is rounded down to the nearest pence.

Positive

• A quarterly dividend of $0.79 per share will be paid.
• Payment date set for July 31, 2024.

Negative

• Dividend amount in GBP is rounded down, potentially reducing shareholder income.

Third Quarter Dividend 2024

Notice of Dividend Currency Exchange Rate

WOKINGHAM, England--(BUSINESS WIRE)-- On June 4, 2024, Ferguson plc (NYSE: FERG; LSE: FERG) (the "Company") announced its intention to pay a quarterly dividend of $0.79 per share (“Q3 Dividend”). The Q3 Dividend will be paid on July 31, 2024, to shareholders who were on the register as at 8:00pm (ET) on June 14, 2024.

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 Q3 Dividend, was July 3, 2024, and was communicated to shareholders on June 4, 2024.

Set out below is the currency exchange rate for shareholders who will receive the Q3 Dividend in GBP:

Dividend declared in USD	Exchange rate (GBP/USD)	Dividend to be paid for shareholders receiving dividends in GBP
$0.79 per share	1.2876	£0.61 per share

The GBP dividend per share figure has been rounded down to the nearest pence.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240712128840/en/

Inquiries:

Kate McCormick, Company Secretary, Tel: +44 (0) 118 927 3827

Brian Lantz, Vice President IR and Communications, Mobile: +1 224 285 2410

Source: Ferguson plc

FAQ

When will Ferguson plc pay the Q3 2024 dividend?

Ferguson plc will pay the Q3 2024 dividend on July 31, 2024.

What is the dividend amount for Ferguson plc's Q3 2024?

The dividend amount for Ferguson plc's Q3 2024 is $0.79 per share.

What was the deadline for choosing GBP for Ferguson plc's Q3 2024 dividend?

The deadline for choosing GBP for Ferguson plc's Q3 2024 dividend was July 3, 2024.

What exchange rate is Ferguson plc using for the Q3 2024 dividend?

Ferguson plc is using an exchange rate of 1.2876 for the Q3 2024 dividend.

How much will Ferguson plc's Q3 2024 dividend be in GBP?

Ferguson plc's Q3 2024 dividend will be £0.61 per share for those receiving GBP.