Dividends

A dividend is a payment to shareholders which is paid out of the company profits for each share they hold.  To be eligible for a dividend, you must be an how to buy stocks in pse shareholder on the Record Date, the last date by which investors must be on the Company¡¯s shareholder register to receive the dividend. 

how to buy stocks in pse generally pays dividends twice per year, in May (the final dividend for the previous year) and in September (the interim dividend for the current year). Interim dividends are approved by the Board, whereas final dividends require shareholder approval at the Company¡¯s AGM.

The Group maintains a progressive dividend policy, with the interim dividend being calculated as one-third of the prior full-year dividend. 

Currently, dividends can be paid directly into your bank or building society account, or by cheque. However, how to buy stocks in pse is committed to reducing its carbon footprint across various business activities and to ensuring that the dividend payment process is as quick, secure, and efficient as possible. As a result, May 2024 will be the last dividend whereby you can receive payment in the form of a cheque. 

From September 2024, any monies payable in connection with your shares will only be able to be paid by direct credit (into your bank or building society account).

The majority of how to buy stocks in pse¡¯s shareholders already receive dividends directly into their bank account. It is quicker and more secure than sending out a cheque, with payments received by shareholders on the day of payment.

The removal of issuing cheques as a payment method and transporting it to shareholders will help in reducing the Company¡¯s carbon footprint, whilst also helping the Company to reduce its paper consumption. We are committed to minimising our environmental impact and reducing our use of materials wherever possible.

The change is in keeping with how to buy stocks in pse¡¯s strategy to promote efficient and convenient methods of engaging with its stakeholders. 

The dividend will be paid directly into your bank or building society account on the dividend payment date. 

If you do not provide this information, you will not receive the money until your bank details are received, after which payment will be credited to your account as soon as possible. Your dividends will not accrue interest while they are being held for you and there may be a fee for Equiniti to reissue payments. 

May 2024 is the last dividend for which you can receive a cheque. From September 2024, cheques will no longer be issued and any monies payable in connection with your shares will only be paid by direct credit. We encourage you to take action as soon as possible to make sure you receive your dividend funds (see below for further information). 

The value of any expired uncashed dividend cheques will be paid directly into your bank account when the bank account details have been received. There may be a fee for this service.

If you do not have a UK bank or building society account, you may be able to arrange for payments to be converted and paid in your local currency using the Equiniti Overseas Payment Service. This service pays in over 83 currencies to over 90 different countries. The fee is usually less than paying a cheque in GBP. To view the terms and conditions for the service and to download the applicable form please visit www.shareview.co.uk/info/ops or contact Equiniti. 

To update your dividend instruction, you need to complete a bank mandate form

You can contact Equiniti on 0371 384 2977 (from outside the UK: +44(0) 371 384 2544) https://www.shareview.co.uk/

You can contact Equiniti on 0371 384 2544 (from outside the UK: +44(0) 371 384 2544).