Berkeley Group sets interim dividend at 33 pence per share

Published 27/02/2025, 10:54
Berkeley Group sets interim dividend at 33 pence per share

LONDON - The Berkeley Group (OTC:BKGFY) Holdings plc has declared an interim dividend of 33.00 pence per share, to be distributed on March 28, 2025, to shareholders recorded on March 7, 2025. The ex-dividend date is set for March 6, 2025.

This dividend is part of the company’s 2011 shareholder returns program, which outlines a £283.5 million return to shareholders over the twelve months ending September 30, 2025. To date, £81.7 million of this amount has been fulfilled through share buy-backs.

Following the announcement of this interim dividend, the company has detailed that £33.1 million will be satisfied through the upcoming dividend payment. Consequently, a remaining balance of £168.7 million is expected to be returned to shareholders by September 2025, either through further share buy-backs or as a dividend.

The Berkeley Group has confirmed that the total number of shares eligible for the dividend payment on March 28 is 100,309,123, excluding shares held in treasury and by the Employee Benefit Trust. Should there be any issuance of new shares from treasury or as newly listed shares, the Qualifying Return will be adjusted accordingly.

This interim dividend announcement is a continuation of the company’s commitment to shareholder returns and reflects its ongoing financial strategies. The information is based on a press release statement and has been released through RNS, a news service of the London Stock Exchange (LON:LSEG).

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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