Prudential plc (LON:PRU) has announced its 2024 first interim dividend of 6.84 US cents per ordinary share.
Shareholders holding shares on the UK or Hong Kong share registers will receive their dividend payments in either pounds sterling or Hong Kong dollars respectively, unless they elect to receive dividend payments in US dollars. Elections for US dollar payments must be made through the relevant UK or Hong Kong share registrar on or before 30 September 2024. Further information is available at
https://www.prudentialplc.com/en/investors/shareholder-information/dividend/dividend-currency-election
The corresponding amount per share in pounds sterling and Hong Kong dollars is expected to be announced on or around 9 October 2024. The US dollar to pound sterling and to Hong Kong dollar conversion rates will be determined by the actual rates achieved by Prudential buying those currencies.
Holders of American Depositary Receipts will receive their dividend payments in US dollars through JPMorgan, the ADR Depositary.
Shareholders holding an interest in Prudential shares through The Central Depository (Pte) Limited in Singapore will receive their dividend payments in Singapore dollars, at the prevailing market rate.
All shares bought back by Prudential awaiting cancellation on the Record Date are not eligible for the 2024 first interim dividend.
A dividend reinvestment plan (DRIP) will continue to be offered to shareholders on the UK register. The DRIP enables the relevant shareholders to elect to invest their cash dividends in the purchase of Prudential shares in the market. Further information is available at
https://www.prudentialplc.com/en/investors/shareholder-information/dividend/dividend-reinvestment-plan
Prudential continues to explore the use of scrip dividends, including issuance only on the Hong Kong line and the dilutive effect being neutralised by a share buy back on the London line. If a scrip dividend alternative is to be offered in respect of the 2024 first interim dividend, the Group will make an announcement to that effect on or before 4 September 2024 (in the absence of such announcement, no scrip dividend alternative is to be offered in respect of the 2024 first interim dividend).
2024 first interim dividend timetable
Ex-dividend date | 5 September 2024 (Hong Kong, UK and Singapore) |
Record date | 6 September 2024 |
Deadline for receipt of currency elections | 30 September 2024 (Hong Kong and UK) |
Deadline for receipt of Dividend Re-investment Plan elections | 30 September 2024 (UK) |
Pound sterling and Hong Kong dollar amount per share announced | On or around 9 October 2024 |
Payment date | 23 October 2024 (Hong Kong, UK and ADR holders) On or around 30 October 2024 (Singapore) |