3Dividends paid and proposed
| 2010 | 2009 |
Final dividend paid of 1.45 pence per ordinary share in respect of 2009 | 19,022 | 16,634 |
Interim dividend paid of 1.16 pence (2009: 0.97 pence) per ordinary share | 15,301 | 12,327 |
| 34,323 | 28,961 |
21,624,158 shares were held as treasury stock by the Company at 31 December 2010. Any shares held in treasury at the record date for a dividend will be waived by the Company.
The directors have recommended the payment of a final dividend of 1.74 pence per share in respect of 2010 (estimated total cost of £23.4 million), bringing the total dividend payable in respect of 2010 (including the interim of 1.16 pence per share) to 2.90 pence per share. This will be paid to shareholders after approval by the shareholders at the 2011 AGM.