Ferguson PLC Announces Notice of Dividend Currency Exchange Rate
Ferguson PLC has declared a quarterly dividend of $0.75 per share, to be paid on May 5, 2023.
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Rhea-AI Summary
Ferguson PLC has declared a quarterly dividend of $0.75 per share, to be paid on May 5, 2023. Shareholders have the option to receive dividends in US dollars or pounds sterling, with the currency election deadline set on April 5, 2023. For those opting for GBP, the dividend amount will convert to £0.59 per share based on an exchange rate of 1.2516.
Shareholders must have been registered by 8:00 PM ET on March 17, 2023 to qualify for the dividend. All relevant details have been proactively communicated to stakeholders.
Positive
- Quarterly dividend of $0.75 per share indicates strong company performance.
- Shareholders have flexibility in currency choice for dividend payouts.
Negative
- None.
Details
News Market Reaction – FERG
The recorded move for FERG in the trading session of this news was +1.33%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FERGUSON PLC
SECOND QUARTER DIVIDEND 2023
NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE
WOKINGHAM, UK / ACCESSWIRE / April 17, 2023 / On March 7, 2023, 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 Q2 Dividend, was April 5, 2023, and was communicated to shareholders on March 7, 2023.
Set out below is the currency exchange rate for shareholders who will receive the Q2 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 |
1.2516 | £0.59 per share |
The Q2 Dividend will be paid on May 5, 2023, to shareholders who were on the register as at 8:00pm (ET) on March 17, 2023.
Inquiries:
Kate McCormick, Company Secretary | Tel: +44 (0) 118 927 3827 |
| 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/749468/Ferguson-PLC-Announces-Notice-of-Dividend-Currency-Exchange-Rate
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