Ferguson PLC Announces Notice of Dividend Currency Exchange Rate
Ferguson PLC has declared an interim dividend of US$0.84 per share, set to be paid on May 6, 2022.
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Rhea-AI Summary
Ferguson PLC has declared an interim dividend of US$0.84 per share, set to be paid on May 6, 2022. Shareholders had until April 8, 2022 to elect to receive dividends in GBP instead of USD. The dividend amount converts to 64.46 pence per share based on an exchange rate of 1.3031 GBP/USD. Shareholders on the register as of March 25, 2022 at 8:00 PM ET will be eligible for this payment.
Positive
- Interim dividend of US$0.84 per share enhances income for shareholders.
- Conversion rate provides GBP shareholders a beneficial rate of 64.46 pence.
Negative
- None.
Details
News Market Reaction – FERG
The recorded move for FERG in the trading session of this news was +1.90%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WOKINGHAM, UK / ACCESSWIRE / April 20, 2022 / On March 15, 2022, the Company announced its intention to pay an interim dividend of US
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, was April 8, 2022 and was communicated to shareholders on March 15, 2022.
Set out below is the currency exchange rate for shareholders who will receive the Interim Dividend in GBP:
Dividend declared | Exchange rate (GBP/USD) | Dividend to be paid for shareholders receiving dividends in GBP |
84.00 US cents per share | 1.3031 | 64.46 pence per share |
The Interim Dividend will be paid on May 6, 2022 to shareholders who were on the register as at 8:00pm (ET) on March 25, 2022.
Enquiries:
Graham Middlemiss, Group Company Secretary | Tel: +44 (0) 118 927 3800 |
| 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/698082/Ferguson-PLC-Announces-Notice-of-Dividend-Currency-Exchange-Rate
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