For the year ended 31 October 2020, the directors have recommended a final dividend of 15.5 cents per share. Subject to its approval by shareholders at the forthcoming AGM, the final dividend will be paid on 15 April 2021 to shareholders on the register at the close of business on 12 March 2021.
The final dividend will be paid:
- to holders of the Company’s ordinary shares in Pound Sterling, calculated using an exchange rate of £1 = $1.37 (the rate on 8 February 2021, being the date on which the board recommended the final dividend) meaning that the dividend will be 11.3 pence per share; or
- to the holders of American Depositary Receipts, representing the Company’s shares, in US dollars.
Due to the impact of the COVID-19 pandemic, the proposal to pay a dividend in respect of the year ended 31 October 2019 was withdrawn in advance of the AGM held in 2020 and no interim dividend was paid in respect of the year ended 31 October 2020.