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 2007/08 and 2006/07 are:
| Financial year | Dividends | Amount (pence) |
Payment date | Record date |
|---|---|---|---|---|
| 2007/08 |
Final |
10.4 | 15 Sep 2008 | 22 Aug 2008 |
| 2007/08 |
Interim |
5.4 | 11 Feb 2008 | 28 Dec 2007 |
|
2006/07 |
Final |
10.0 |
17 Sep 2007 |
24 Aug 2007 |
|
2006/07 |
Interim |
5.1 |
12 Feb 2007 |
29 Dec 2006 |
|
2005/06 |
Final |
7.6 |
11 Sep 2006 |
18 Aug 2006 |
|
2005/06 |
Interim |
4.3 |
13 Feb 2006 |
30 Dec 2005 |
The full year proposed dividend for 2007/08 is 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.