Dividend policy

It is the Company's current policy to pay an interim and final dividend in respect of each financial year, with approximately one third of the full year's dividend being payable as an interim dividend and two thirds as a final dividend. Dividends may be paid to shareholders in either UK Sterling or US Dollars.

Dividend process

Dividends will be paid in UK Sterling unless a shareholder elects to receive them in US Dollars, in which case a currency election form must be completed and returned to Link Asset Services. If you wish to receive your dividends in UK Sterling, there is no need to complete a Currency Election Form.

Dividends in US Dollars will be paid by cheque. Dividends in UK Sterling can be paid either by cheque or directly into your bank or building society account. If you wish to have your dividends paid direct into your account, you need to complete and return a dividend payment instruction form to Link Asset Services.

Full year dividend 

The final dividend for 2017 of 25.3 cents per share (2016: 43.8 cents) was paid on 25 May 2018 to eligible shareholders on the register at 27 April 2018 (the ‘record date’).

Together with the 2017 interim dividend of 12.7 cents per share (2016: 22.0 cents), this gives a total dividend for 2017 of 38.0 cents per share (2016: 65.8 cents).

Dividend calculator

Review dividends paid using our dividend calculator and measure total shareholder return (TSR) on Petrofac shares.