Ferguson PLC - Notice of Dividend Currency Exchange Rate
Ferguson PLC has announced an interim dividend of 72.9 US cents per share and a special dividend of 180.0 US cents per share, to be paid on May 11, 2021. Shareholders have the option to receive dividends in either US dollars or in pounds sterling, with an exchange rate set at 1.3888. For GBP recipients, the interim dividend amounts to 52.49 pence and the special dividend to 129.61 pence. The deadline for currency election was April 13, 2021, and eligible shareholders were registered by March 26, 2021.
- Interim dividend of 72.9 US cents per share indicates strong cash flow.
- Special dividend of 180.0 US cents per share reflects company confidence.
- Total dividend payments to enhance shareholder returns.
- None.
NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE - INTERIM AND SPECIAL DIVIDEND 2021
WOKINGHAM, UK / ACCESSWIRE / April 26, 2021 / On March 16, 2021, the Company announced its intention to pay an interim dividend of 72.9 US cents per share ("Interim Dividend") and a special dividend of 180.0 US cents per share ("Special 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 and Special Dividend, was April 13, 2021 and was communicated to shareholders on March 16, 2021.
Set out below is the currency exchange rate for shareholders who will receive the Interim Dividend and Special Dividend in GBP:
Dividend | Dividend declared | Exchange rate (GBP/USD) | Dividend to be paid for shareholders receiving dividends in GBP |
Interim Dividend | 72.9 US cents per share | 1.3888 | 52.49 pence per share |
Special Dividend | 180.0 US cents per share | 1.3888 | 129.61 pence per share |
The Interim Dividend and Special Dividend will be paid on May 11, 2021 to shareholders who were on the register at the close of business on March 26, 2021.
Enquiries:
Graham Middlemiss, Group Company Secretary |
Mark Fearon, Director of Corporate Communications and IR
(+44 (0) 7711 875 070)
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SOURCE: Ferguson PLC
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