Dividends are a part of a company's profit, passed to its shareholders. The payment per share may vary, as it depends on overall profitability and plans for future expansion. BT's dividends are normally paid twice a year, with final dividends paid in September, and interim dividends in February. Payments for 2008/09 and 2007/08 are:
|
Financial year |
Dividends |
Amount |
Payment date |
Record date |
|---|---|---|---|---|
|
2008/09 |
Interim |
5.4 |
9 Feb 2009 |
30 Dec 2008 |
|
2007/08 |
Final |
10.4 |
15 Sep 2008 |
22 Aug 2008 |
|
2007/08 |
Interim |
5.4 |
11 Feb 2008 |
28 Dec 2007 |
The full year dividend for 2007/08 was 15.8 pence per share, 0.7 pence higher than the previous year.
As part of BT's debt reduction and restructuring plans, the Board did not recommend the payment of a final dividend to shareholders for the year ended 31 March 2001, nor an interim dividend for the year ended 31 March 2002.