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Ferguson plc: Notice of Dividend Currency Exchange Rate
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Ferguson plc announced a quarterly dividend of $0.79 per share to be paid on May 7, 2024, with shareholders having the option to receive dividends in either USD or GBP. The currency exchange rate for GBP dividend payments is set at 1.2494, resulting in £0.63 per share.
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Second Quarter Dividend 2024
Notice of Dividend Currency Exchange Rate
WOKINGHAM, England--(BUSINESS WIRE)--
On March 5, 2024, Ferguson plc (NYSE: FERG; LSE: FERG) (the "Company") announced its intention to pay a quarterly dividend of $0.79 per share (“Q2 Dividend”). The Q2 Dividend will be paid on May 7, 2024, to shareholders who were on the register as at 8:00pm (ET) on March 15, 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 Q2 Dividend, was April 8, 2024, and was communicated to shareholders on March 5, 2024.
Set out below is the currency exchange rate for shareholders who will receive the Q2 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
1.2494
£0.63 per share
The GBP dividend per share figure has been rounded down to the nearest pence.
Ferguson plc (formerly Wolseley plc) is a British-American multinational plumbing and heating products distributor with its head office in Wokingham, England. Its brands include Ferguson Enterprises (in the United States).
