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LONDON - Spirent (LON:SPT) Communications plc announced Thursday it will pay a total dividend of 3.5 pence per share to shareholders on July 23, 2025, for investors on the register as of July 3, 2025.
The dividend consists of a previously outlined "Permitted Dividend" of 2.5 pence per share and an "Additional Dividend" of 1.0 pence per share, as referenced in the company’s scheme document published April 25, 2024, regarding its acquisition by Keysight Technologies (NYSE:KEYS), Inc.
Spirent ADR holders will receive payment on July 30, 2025. The company’s shares will be marked ex-dividend on July 2, 2025.
The dividend payment is not conditional on the completion of Keysight’s acquisition of Spirent and will not reduce the acquisition price of 199.0 pence in cash per Spirent share, according to the company statement.
The announcement comes as part of the ongoing acquisition process first revealed on March 28, 2024, when Spirent and Keysight announced agreement on terms for a recommended all-cash acquisition of Spirent’s entire issued and to be issued ordinary share capital.
The dividend declaration was made with Keysight’s consent, according to the press release statement.
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