Dividend history
We recognise the importance of dividends to investors. Long, secure income combined with fixed-rate debt provides a strong underpinning to the dividend. Over the last 5 years the dividend has doubled reflecting increased distributions following REIT conversion and growth in underlying earnings.
For the year to March 2012, the quarterly dividend will continue at the rate of 6.5 pence per share, equivalent to 26 pence per share for the full year, in line with the previous year.
| Dividend |
Ex-div date |
Payment date |
Scrip offered |
PID element1 |
Non-PID element |
Total |
- The PID element of the cash dividend will be paid net of 20% tax, unless a shareholder is eligible for payment of dividend gross.
|
| 2011/12 |
| 3rd Interim |
28 Mar 12 |
9 May 12 |
No |
6.50p |
|
6.50p |
| 2nd Interim |
11 Jan 12 |
17 Feb 12 |
No |
6.50p |
|
6.50p |
| 1st Interim |
5 Oct 11 |
11 Nov 11 |
No |
6.50p |
|
6.50p |
| Dividend |
Ex-div date |
Payment date |
Scrip offered |
PID element1 |
Non-PID element |
Total |
- The PID element of the cash dividend will be paid net of 20% tax, unless a shareholder is eligible for payment of dividend gross.
|
| 2010/11 |
| 4th Interim |
6 Jul 11 |
12 Aug 11 |
Yes |
6.50p |
|
6.50p |
| 3rd Interim |
30 Mar 11 |
13 May 11 |
Yes |
6.50p |
|
6.50p |
| 2nd Interim |
12 Jan 11 |
18 Feb 11 |
Yes |
6.50p |
|
6.50p |
| 1st Interim |
6 Oct 10 |
12 Nov 10 |
Yes |
|
6.50p |
6.50p |
| Dividend |
Ex-div date |
Payment date |
Scrip offered |
PID element1 |
Non-PID element |
Total |
- The PID element of the cash dividend will be paid net of 20% tax, unless a shareholder is eligible for payment of dividend gross.
|
| 2009/10 |
| 4th Interim |
7 Jul 10 |
13 Aug 10 |
Yes |
|
6.50p |
6.50p |
| 3rd Interim |
7 April 10 |
14 May 10 |
Yes |
|
6.50p |
6.50p |
| 2nd Interim |
13 Jan 10 |
12 Feb 10 |
Yes |
|
6.50p |
6.50p |
| 1st Interim |
14 Oct 09 |
13 Nov 09 |
Yes |
|
6.50p |
6.50p |
| Dividend |
Ex-div date |
Payment date |
Scrip offered |
PID element1 |
Non-PID element |
Total |
- The PID element of the cash dividend will be paid net of 20% tax, unless a shareholder is eligible for payment of dividend gross.
- If you elected for the Scrip alternative on this dividend, the Scrip was treated as non-PID.
|
| 2008/9 |
| 4th Interim |
15 Jul 09 |
14 Aug 09 |
Yes |
6.50p2 |
|
6.50p |
| 3rd Interim |
27 Feb 09 |
15 May 09 |
No |
9.375p |
|
9.375p |
| 2nd Interim |
14 Jan 09 |
13 Feb 09 |
No |
2.00p |
7.375p |
9.375p |
| 1st Interim |
15 Oct 08 |
14 Nov 08 |
No |
6.70p |
2.675p |
9.375p |
Dividend History
| Dividend per share1 |
2011 |
2010 |
2009 |
2008 |
2007 |
2006 |
- Adjusted for the Rights Issue of 341m shares in March 2009
- Underlying profit after tax / total dividend paid
|
| Declared |
26.0p |
26.0p |
29.8p |
29.0p |
16.9p |
14.1p |
| Paid |
26.0p |
26.0p |
30.03p |
26.8p |
14.4p |
13.3p |
| Dividend Cover2 |
|
1.1 |
1.4 |
1.7 |
2.5 |
2.2 |
If you receive unsolicited communications from someone suggesting they are acting for British Land or our registrars, before taking any action, please check their details with our registrars, the Financial Services Authority or British Land, as they may be attempting to defraud you. See the section Shareholder advice for more information.
