Final Dividend 2018 - Scrip Dividend Scheme
It was announced on 25 February 2019 that a final dividend of 28.6c would be paid on 12 June 2019 to shareholders registered on 10 May 2019. As in previous years, a scrip dividend alternative will be offered.
For those shareholders or depositary interest holders who elect for the scrip dividend alternative the scrip reference share price will be announced after the election period ends, on 20 May 2019. The final date for receipt of elections by the registrars for the scrip dividend alternative is 20 May 2019.
The Directors have decided to make available to shareholders and holders of depository interests in the Company’s ordinary shares a new Scrip Dividend Scheme as the successor to the 2016 Scheme which was adopted in 2016 and comes to an end at the forthcoming Annual General Meeting to be held on 16 May 2019. A resolution granting authority for the Directors to offer a scrip dividend will be proposed for approval at an Extraordinary General Meeting to be held 16 May 2019 at 12:45pm (local time), 4:45pm (BST) (or as soon after the Annual General Meeting convened for 12:30pm (local time), 4:30pm (BST) on that day shall have concluded.
The Notice of EGM and 2019 Scrip Circular are available here.
Subject to shareholder approval of the new Scrip Dividend Scheme, all elections which were made under the Company’s scrip dividend alternative scheme adopted in June 2011 will remain in force for the purposes of or under the 2016 Scrip Dividend Scheme and will remain in force for the purposes of the 2019 Scrip Dividend Scheme which is available here.
Look up the dividends paid by Hiscox.