Dividend Information

Dividend policy

The Board has adopted a dividend policy based on an expected 65% payout ratio. It is expected that interim dividends will equate to approximately 40% of the previous year's total ordinary dividend.

Surplus capital accrued will be returned to shareholders periodically.

Dividend information

Pence*20152016201720182019 2020 2021
Interim dividend0.991.331.331.461.50 1.50 2.46
Final dividend1.671.351.612.24 3.33 4.66  
Ordinary dividends2.662.682.943.70 4.83 6.16  
Special dividends---2.03 - -  
Total dividends2.662.682.945.73 4.83 6.16  
* Historical dividend information restated to reflect share reorganisation on 15 November 2018
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