Henderson Group paid its first dividend in June 2006 and expects to make dividend payments twice yearly. If you have questions about your cheque or direct debit instruction, please contact the Henderson Group Share Registry.
Dividend history
|
|
pence
per share
|
A$ cents
per CDI
|
NZ$ cents
per CDI
|
|
2005 final dividend
|
1.39
|
3.2894
|
3.7084
|
|
2006 interim dividend
|
0.88
|
2.1795
|
2.4716
|
|
2006 final dividend
|
2.27
|
5.4573
|
6.0981
|
|
2007 interim dividend
|
1.66
|
3.7287
|
4.3827
|
|
2007 final dividend
|
4.44
|
9.3330
|
11.2308
|
|
2008 interim dividend
|
1.85
|
3.9434
|
4.8359
|
Dividend dates
For dividend record and payment dates, please see our Financial calendar.
Dividends by direct credit
Dividends can be paid either by direct credit into your nominated bank (or other financial institution) account or by cheque. Shareholders who wish to receive dividends by direct credit can provide their details online at Shareholder tools or contact the Henderson Group Share Registry.
Taxation of dividends
UK residents
Individual shareholders resident in the UK for tax purposes will be assessable on the sum of the dividend paid plus the tax credit attaching to the dividend. The tax credit will be one-ninth of the dividend and can be credited against income tax liabilities. Individuals who pay tax at the starting rate (10%), lower rate (20%) or basic rate (22%), will have no further tax liability. Higher rate tax payers (40%) will have an additional tax liability calculated as 25% of the cash received. For individuals whose shares are in a Personal Equity Plan (PEP) or/and an Individual Savings Account (ISA), tax credits on dividends received before the end of the tax year will be repayable. Non-taxpayers will not be able to claim a repayment of the tax credit. UK resident company shareholders who hold their shares on capital account will not be taxed on the dividend. For more information, please visit www.hmrc.gov.uk.
Australian residents
Individual CDI holders resident in Australia for tax purposes will be subject to income tax on the Australian dollar amount of the dividends received. This will be added to other taxable income to determine an individual's tax liability, according to an individual's applicable marginal tax rate. No foreign tax credit can be claimed for any UK tax paid by Henderson Group. Company CDI holders that own less than 10% of Henderson Group’s issued share capital will be subject to income tax on the Australian dollar amount of the dividend received at the company tax rate of 30%. For more information, please visit www.ato.gov.au.
New Zealand residents
Both individual and company CDI holders resident in New Zealand for tax purposes will be subject to income tax on the New Zealand dollar amount of the dividend received. For individuals, this will be added to other taxable income to determine their tax liability, according to the applicable Inland Revenue Department tax rate schedule. No foreign tax credit can be claimed for any UK tax paid by Henderson Group. Company CDI holders will be required to make a Dividend Withholding Payment equal to the amount of New Zealand tax at the standard company rate (currently 33%) on the New Zealand dollar amount of the dividend received. For more information, please visit www.ird.govt.nz.
Dividend policy
Henderson Group aims to maintain a sustainable flow of dividends into the future and, therefore, started prudently, with a dividend cover of two times.
Dividend questions and answers
What are dividends?
Dividends are a payment declared by the Board of Directors of a company and given to its shareholders. This is a way the company can distribute its profits to shareholders. The directors decide the level of each dividend based on the Company's financial results. A dividend is paid per share, and therefore the total amount you receive will depend on the number of shares you own at the record date.
What are ex-dividend and record dates?
The ex-dividend date is when the shares begin trading so that the buyer is no longer entitled to receive the dividend. This date is typically a few days before the record date. The record date, with respect to dividends, is the date on which a shareholder must officially own a company's shares to receive the dividend. The reason why the record date is typically a few days after the ex-dividend date, is to allow time for the transactions that occur just before the ex-dividend date to be reflected in the share register.
Why had I not received any dividends before?
We paid our first dividend on 26 June 2006. Before that, no dividends had been paid since Henderson Group’s listing in December 2003, following the Demerger from AMP.
How often will Henderson Group pay dividends?
We expect to pay dividends twice a year, in respect of first half and second half earnings.
Does Henderson Group have a dividend reinvestment plan?
No, Henderson Group does not offer a dividend reinvestment plan.
Why receive dividends by direct credit?
Payment by direct credit is secure, efficient and cost effective. It is used by many well-known companies and government departments to pay employee salaries and by many listed companies to pay dividends. The dividend will be credited to your nominated account on the payment date. There will be no postal delays or waiting for the cheque to be processed. We will send you a statement, setting out the amount of your dividend, for your records.
What information do I need to give you?
We will need the details of your account number and bank branch code. These can normally be found on your bank statement or cheque book. If you are unsure where to find these numbers, or which numbers to use, please contact your bank, credit union or building society for assistance.
How can Henderson Group use my bank details?
Providing your account details only permits Henderson Group to pay dividends into your account. It does not give Henderson Group or the Share Registry any other access to your account. We cannot deduct funds from your account or view your account balance.
If the answer to your question is not here, please contact the Henderson Group Share Registry.