Dividend information

When are dividends paid?

The half-year dividend is typically paid in mid-January, with the final dividend paid in mid-July.

 
I have not received my dividend cheque, who do I contact?

If you have not received your dividend payment, please contact the Company registrars.

 
I have mislaid my dividend cheque, who do I contact?

If you lose a dividend cheque you should contact the registrar immediately, confirming which payment has been lost. They will then arrange for the cheque to be stopped and will issue you with a duplicate one, for which an administration fee may be payable. Dividend cheques are currently valid for one year from the date of payment.

 
Can I have my dividends paid directly into my bank?

Yes, you can ask to have your dividends paid directly into a UK bank or building society account, which avoids the risk of cheques being lost in the post or mislaid. The dividend will be credited to your account on the payment date and you will not have to wait for a cheque to clear on your account. A tax voucher will be sent to your registered address annually so you know when and how much has been paid into your account. Shareholders wishing to benefit from this service should complete a dividend mandate form and submit it to the registrar via a bank/building society branch. This form is also supplied with your dividend if you receive payment by cheque. An existing mandate can also be amended online once you have registered on the Home Retail Group shareholder portal operated by the registrar. Please take care when completing the sort code and account number details as we cannot accept liability if you give incorrect information and your dividend is paid into the wrong account.

If you live outside the UK, you could have your dividends paid directly into your local bank account in your local currency using IPS (International Payments Service). The service is available to private shareholders resident in a range of territories. You should contact the registrar for further information.

 
Do you have a Dividend Reinvestment Plan? Can I use my dividends to buy more shares?

Yes, the Home Retail Group Dividend Reinvestment Plan (DRIP) enables shareholders to use their cash dividends to purchase additional Home Retail Group shares. Shareholders who wish to participate in the DRIP should complete a DRIP mandate form (PDF, 21KB, opens in a new window) having read, accepted and retained the terms and conditions of the DRIP, and submit it direct to the registrar. For further details, please contact the registrars.

 
What does 'ex-dividend' mean?

This means 'without dividend'. Before we announce a dividend, we consult with the dividend procedure timetable issued by the London Stock Exchange and set the ex-dividend date. If you buy shares before the ex-dividend date, you are entitled to the most recently-announced dividend; if you buy after that date, the dividend goes to the previous owner of the shares.

 
What does 'record date' mean?

The dividend is based on the number of shares held by each shareholder and is paid to the shareholders on the share register at a specific date known as the record date. This is normally two days after the ex-dividend date. If you receive a dividend and are not sure if you are entitled to it, contact the agent who sold your shares for you for further advice.