Market Tracker Trend Report: Dividends

Market Tracker Trend Report: Dividends

This Lexis®Nexis Market Tracker Trend Report looks at market practice across the FTSE 350 for the payment of dividends. Some of the questions we have addressed in the report include:

  • What mix of final, interim and special dividend payments is made across the FTSE 350?
  • How frequently do FTSE 350 companies pay dividends?
  • How quickly is a dividend payment made following:
    • its first announcement
    • in the case of a final dividend, the date of the AGM notice and the AGM itself, and
    • crucially, the record date?
  • Are companies adhering to the recommended timeframe for payment of dividends set out in the London Stock Exchange (LSE) Dividend Timetable?

Download report here

The LexisNexis Market Tracker team has carried out research to answer these questions and uncover details of how FTSE 350 companies are paying final, interim and special dividends to their shareholders. The LSE was interviewed for its views on the LSE Dividend Timetable (see page 20), and Peter Swabey of ICSA: The Governance Institute (ICSA) contributed both commentary and to the methodology of the report. Commentary has been provided by international law firm Pinsent Masons LLP, who must also be credited for the idea of producing this report in the first place.

The LexisNexis Market Tracker team hopes that this report gives companies and their advisers some clarity on current market practice for payment of dividends and assistance in navigating an area which is currently lacking in formal commentary and guidance.

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About the author:

Eleanor trained at Nabarro LLP and qualified in their Corporate team, where she worked on a wide range of corporate transactions and general company advisory matters. She also gained in-house experience on secondments to clients of the firm.

Eleanor’s specific experience includes advising on reductions of capital, striking-off and dissolution, public company takeovers (including by way of scheme of arrangement), general meetings of listed, unlisted and private companies, group reorganisations, share buybacks and private company share and asset sales and acquisitions.