Our dividends are usually paid twice a year. If a shareholder has provided details for a mandate to be set up, dividends will be paid direct to a bank or building society account. Otherwise, dividends will be sent by cheque. We also have a Dividend Reinvestment Plan (DRIP) available, so shareholders may elect to reinvest their dividends to buy additional shares.
|Financial Year||Dividend||Amount||Ex-dividend Date||Record date||Payment date|
|12m to Jan 2017||Interim||2.7p||6th October 2016||7th October 2016||18th November 2016|
|12m to Jan 2016||Interim||2.2p||8th October 2015||9th October 2015||19th November 2015|
|12m to Jan 2016||Final||5.0p||12th May 2016||13th May 2016||30th June 2016|
|12m to Jan 2016||Total||7.2p|
|12m to Jan 2015||Final||4.1p||4th June 2015||5th June 2015||30th June 2015|
|12m to Jan 2015||Total||4.1p|
Additional information on dividends
For dividends paid prior to the 5th April 2016 tax vouchers were issued stating the amount of tax credit paid on each dividend. With effect from 6th April 2016 the UK 10% tax credit on dividends was abolished and replaced with a £5,000 tax-free allowance and tax vouchers by dividend confirmations .
For shareholders who receive dividends direct to a bank account then an annual dividend confirmation is issued, for cheque payments a dividend confirmation is produced for each payment.
Further information on dividends is available on the 'Frequently asked questions' page on the Saga Shareholder Services Portal - www.sagashareholder.co.uk. - registration is by investor code (IVC).