In February 2015 a distribution policy was announced whereby Electra proposes to return to shareholders a targeted 3% of NAV per annum, by way of cash dividend or share buybacks. Any shares bought back under this policy will be cancelled.
On 24 March 2017 the Board announced a special dividend of £1.0 billion (2,612p per share) to be paid to shareholders on the register of members at close of business on 7 April 2017, to be paid on 5 May 2017.
Please note that the Dividend Reinvestment Plan (“DRIP”) option will not apply to the special dividend due to be paid on 5 May 2017.
Dividend Reinvestment Plan
A Dividend Reinvestment Plan (the "Plan") has been arranged with Equiniti, the registrar, whereby existing shareholders have the option of reinvesting any dividend payments to buy more fully paid ordinary shares in the Company.
For further details on the Plan please call the Equiniti helpline on 0371 384 2351* (or +44 121 415 7047 if calling from outside the United Kingdom).
Dividend History **
(pence per ordinary share)
|Record Date||Payment Date|
|Declared Second Interim||110.0||15/12/16||16/12/16||19/01/17|
* Lines open 8.30am to 5.30pm (UK time), Monday to Friday, excluding UK bank holidays.
** Dividends since the distribution policy was announced in February 2015