Treatt plc aims to pay two dividends per year, an interim dividend in October and a final dividend in March.  Whilst it is recognised that there will be some fluctuation in earnings, the Board aims to maintain or grow the dividend payment to shareholders each year, thereby providing a stable return on investment.  In considering the amount of the dividend the Board targets dividend cover of around two times underlying earnings.

  

Dividend Type

Ex-Dividend Date

Record Date

Payment Date

Last Date DRIP

Election

 

 

 

 

 

Interim

10 Sep 2014

12 Sep 2014

17 Oct 2014

23 Sep 2014

 

 

Financial Year

Dividend Type

Dividend Paid

2013

Final 

2.60p 

2013

Interim

1.10p

2012

Final

2.08p

2012

Interim

1.02p

2011

Final

1.94p

2011

Interim

0.96p

2010

Final

1.78p

2010

Interim

0.82p

2009

Final

1.66p

2009

Interim

0.74p

2008

Final

1.52p

2008

Interim

0.72p

 

Growth in dividends paid by Treatt plc since 2003 
Dividend Growth Graph 2014 

Payment of Dividends

All shareholders in the register of members on the record date will receive their dividend by cheque in GBP, which will be posted by first class post on the payment date.  The cheque will be accompanied by a tax voucher providing details of the payment and withholding tax.  Where shares are registered in the name of joint holders the dividend cheque will be made payable and sent to the person who is first named in the register.

In the event that a dividend cheque or tax voucher is required to be reissued please contact Capita Asset Services who will be happy to assist you.  Please note that in certain circumstances a charge may be payable to cover administration expenses.

Alternative Means of Payment

Bank Mandate

A cheque may not be the most convenient or secure means of receiving a dividend and an election can be made to receive dividends directly into a nominated bank or building society account.  Payment will be made on the payment date with the dividend appearing in your account within a few working days.  The tax voucher will be posted by first class post.

The simplest means of setting up a bank mandate or changing one already in place is through the Capita Share Portal, details of which can be found in the Manage Your Shareholding section of this website.

Alternatively, you can write to Capita Asset Services or download a dividend mandate form, which can be completed with the relevant information.  Please note that where shares are registered in the name of joint holders each party must sign the mandate form or letter of instruction.  Corporate shareholders are required to have the form signed by the appropriate number of authorised signatories and have the form stamped by its bank.   The address for Capita can be found on the Contacts page.

Payment of Dividends to Overseas Shareholders

Overseas shareholders may find that bank transaction costs in exchanging a GBP dividend into their local currency erode a disproportionate amount of the dividend.  Shareholders living in certain countries can elect to receive their dividend by currency draft or directly into a bank account in their local currency for a small fixed charge, which may represent a cost saving when weighted against bank transaction costs.

This service is provided by Capita Asset Services and details of the countries in which this service is available, costs and application forms can be found on the International Payment Services section of the Capita website

Dividend Re-Investment Plan (DRIP)

A DRIP enables shareholders to use their dividends to gradually increase the size of their shareholding by electing to receive additional shares purchased in the market using their dividend income.   The cost of purchasing the shares, dealing commission and stamp duty (where applicable), will automatically be deducted from the dividend to be reinvested.  Any surplus insufficient to buy a share is credited back to the shareholder account and added to the next dividend paid.

Once a purchase has been made shareholders are advised in writing of the number of shares purchased and the price paid for them.  Those with CREST accounts will receive notification of the purchase through CREST and the shares will be credited to their CREST account.

A DRIP election can be made through the Capita Share Portal, details of which can be found in the Manage Your Shareholding  section of this website or by requesting an application form from  Capita, the address for which can be found on the Contacts page.

Once an election is in place each dividend will be used to purchase shares until an election is cancelled.  Cancellation can be made through the Capita Share Portal or in writing to Capita and must be made prior to a DRIP election date.

Further information and details of transaction costs are available through the Capita Share Portal or from Capita directly.