Annual Report and Accounts 2010

3Dividends paid and proposed

 

2010
£000

2009
£000

Final dividend paid of 1.45 pence per ordinary share in respect of 2009
(2009: 1.32 pence in respect of 2008)

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.