Last checked at 29 Feb 2024 07:00
29 February 2024
The Berkeley Group Holdings plc
(the "Company")
DIVIDEND DECLARATION
The Directors of the Company announce that an interim dividend of 33.00 pence per share will be paid on 29 March 2024 to shareholders on the Company's register of members at close of business on 8 March 2024. The ex-dividend date is 7 March 2024.
Under the ongoing shareholder returns programme, the scheduled return for the twelve months to 30 September 2024 is currently £283,172,570 ('Qualifying Return'). The Qualifying Return can be made through either dividends or share buy-backs, subject to a dividend underpin of 66.00 pence per share.
The table below sets out the status of the Qualifying Return following today's interim dividend announcement:
Qualifying Return | £283,172,570 |
Qualifying Return already satisfied through share buy-backs | £21,442,179 |
Qualifying Return to be satisfied as dividend to be paid on 29 March 2024 | £34,994,034 |
Shares eligible for dividend to be paid on 29 March 2024 * | 106,042,527 |
Dividend per share now being declared | 33.00 pence |
Qualifying Return still to be satisfied | £226,736,357 |
* Excluding shares held in Treasury and by the Employee Benefit Trust
To the extent the remaining Qualifying Return is not delivered by the residual dividend underpin of 66 pence per share per annum or share buy-backs, the balance will be returned in September 2024 and will be accompanied by a share consolidation, unless the balance is deemed de minimis for these purposes. The Qualifying Return will be increased appropriately if any new shares are issued either from treasury or as newly listed shares.
With 106,042,527 shares currently eligible for distributions, the Qualifying Return equates to £2.67 per share.
Ann Dibben
Company Secretary
The Berkeley Group Holdings plc
Tel: 01932 868555
Tim Robertson
Novella Communications
Tel: 020 3151 7008
LEI: 2138009OQSSLVVHQAL78