Dividends

Barclays Africa Group’s primary financial objective is to create sustainable value for shareholders.

In determining the dividends cognisance is given to the Group’s strategy; capital adequacy position; regulatory changes; its growth plans (organic and inorganic); the integrity of its balance sheet; profitability; its budget and near-term business objectives.

Latest dividend:

A dividend of 595 cents per ordinary share was declared on 1 March 2018, for the period ended 31 December 2017. The ordinary dividend is payable to shareholders recorded in the register of members of the Company at the close of business on 13 April 2018. The directors of Barclays Africa Group Limited confirm that the Group will satisfy the solvency and liquidity test immediately after completion of the dividend distribution


The dividend will be subject to local dividends withholding tax at a rate of 20% to shareholders who are not exempt, which will result in a net local dividend of 476 cents per ordinary share to such shareholders.

Dividend

Share certificates may not be dematerialised or rematerialised between Wednesday, 11 April 2018 and Friday, 13 April 2018, both dates inclusive. On Monday, 16 April 2018, the dividend will be electronically transferred to the bank accounts of certificated shareholders. The accounts of those shareholders who have dematerialised their shares (which are held at their participant or broker) will be credited on Monday, 16 April 2018.

Kindly note that, in accordance with the recent amendments to our Memorandum of Incorporation as approved by shareholders, we no longer issue cheques for dividends or any other corporate action. This measure was implemented to combat the recent increase in attempted fraud on cheques.

Key date

Key dates for the year-end dividend for the reporting period ended 31 December 2017 and the interim dividend for the reporting period 30 June 2018.

 

Date Event
1 March 2018 Announcement of 2017 interim results
15 May 2018 Annual general meeting
1 March 2018 Declaration date
10 April 2018 Last day of trade
11 April 2018 Ex-dividend date
13 April 2018 Final dividend record date
16 April 2018 Payment date
*1 August 2018 Announcement of 2018 interim results
*1 August 2018 Declaration date
*11 September 2018 Last day to trade
*12 September 2018 Ex-dividend date
*14 September 2018 Final dividend record date
*17 September 2018 Final dividend payment date
31 December 2018 Financial year end

* Please note that these dates are provisional and are subject to change


Our dividend history

Reporting period Number Declaration Payment date Amount
(cents per share)

Dec-17

63

1 Mar 2018

16 Apr 2018

595

June-17

62

28 Jul 2017

11 Sep 2017

475

Dec-16

61

23 Feb 2017

10 Apr 2017

570

June-16

60

29 July 2016

12 Sep 2016

460

Dec 15

59

1 Mar 2016

11 Apr 2016

550

June-15

58

29 Jul 2015

14 Sep 2015

450

Dec-14

57

3 Mar 2015

20 Apr 2015

525

Jun-14

56

30 Jul 2014

15 Sep 2014

400

Dec-13

55

11 Feb 2014

7 Apr 2014

470

Jun-13*

1

30 Jul 2013

25 Nov 2013

708

Jun-13

54

30 Jul 2013

16 Sep 2013

350

Dec-12

53

12 Feb 2013

8 Apr 2013

369

Jun-12

52

27 Jul 2012

10 Sep 2012

315

Dec-11

51

10 Feb 2012

2 Apr 2012

392

Jun-11

50

2 Aug 2011

29 Aug 2011

292

Dec-10

49

15 Feb 2011

14 Mar 2011

230

Jun-10

48

5 Aug 2010

30 Aug 2010

225

Dec-09

47

16 Feb 2010

15 Mar 2010

220

Jun-09

46

3 Aug 2009

31 Aug 2009

225

Dec-08

45

9 Feb 2009

9 Mar 2009

330

Jun-08

44

7 Aug 2008

1 Sep 2008

265

Dec-07

43

19 Feb 2008

17 Mar 2008

320

Jun-07

42

2 Aug 2007

3 Sep 2007

240

Dec-06

41

20 Feb 2007

19 Mar 2007

265

Jun-06

40

3 Aug 2006

4 Sep 2006

208

Dec-05

39

21 Feb 2006

20 Mar 2006

135

Sep-05

38

21 Nov 2005

27 Dec 2005

160

Mar-05

37

9 May 2005

27 Jun 2005

200

*Special dividend

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