Costain sets scrip dividend reference price at 104.88 pence

Published 28/04/2025, 12:34
Costain sets scrip dividend reference price at 104.88 pence

LONDON - Costain Group PLC, a British construction and engineering company, has set the reference price for its scrip dividend at 104.88 pence per share, the company announced Monday. This price will apply to shareholders who opt for the scrip dividend alternative instead of cash for the final dividend of the year ended December 31, 2024.

The reference price is based on the average middle market quotations for Costain’s ordinary shares on the London Stock Exchange (LON:LSEG) over the five consecutive trading days starting from the ex-dividend date, which was April 17, 2025. Shareholders on the company’s register by the close of business on April 22, 2025, are eligible for the final dividend, which is contingent on approval at the upcoming Annual General Meeting scheduled for May 15, 2025.

Those shareholders who have not yet elected to receive the scrip dividend and wish to do so must submit a completed mandate form to the company’s registrar, Equiniti, by May 7, 2025. For shareholders who have a standing scrip dividend mandate, no further action is required to receive the dividend in this form.

The final dividend, including the scrip dividend, is slated for distribution on May 29, 2025. This announcement is based on a press release statement from Costain Group PLC.

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