Email this page
closeDividends
Smith & Nephew plc has paid dividends on its Ordinary Shares in each year since 1937. An interim dividend in respect of each fiscal year is normally declared in August and paid in November. Up to 2004 a final dividend for each year was recommended by the Board of Directors in the following February and paid in May after approval by shareholders at the Company's Annual General Meeting. Following the change in functional currency to US Dollars, dividends are declared in US Dollars with an equivalent amount in Sterling payable to those shareholders whose registered address is in the UK, or who have validly elected to receive Sterling dividends. A second interim dividend replaces the final dividend and is usually payable in May.
| Dividend timetable |
| 2009 second interim dividend of 8.93 cents per share will be paid on 12 May 2010. The Sterling equivalent per ordinary share will be set following the record date. |
Announcement date: 11 February 2010 Ex-dividend date: 21 April 2010 Record date: 23 April 2010 Last date for DRIP elections: 23 April 2010 Payment date: 12 May 2010
Dividend Re-investment Plan
The Plan allows holders of ordinary shares the opportunity to use their cash dividend to acquire additional shares in Smith & Nephew plc, which are bought in the market at competitive dealing costs. The Plan is administered by Equiniti Limited through its Equiniti Registrars division.
To request a Plan booklet and application form or if you have any questions about how the Plan operates, please contact:
Share Dividend Team Tel: 0871 384 2081*
Equiniti www.shareview.co.uk
Registrars
Aspect House
Spencer Road
Lancing
West Sussex
BN99 6DA
* Calls to this number are charged at 8 per minute from a BT landline. (Other telephone providers costs may vary)
Payment Direct into your Bank Account
Shareholders can reduce the risk of cheques getting lost in the post and receive cleared funds sooner by having their dividends paid electronically direct into their bank account. Shareholders should contact the Registrars for a form of mandate (see contact details above).
Receipt of Dividends in Local Currency
Shareholders in certain countries can elect to have their dividends paid direct into their bank account in their local currency. For further information or to download a copy of the relevant form please contact Equiniti (http://www.shareview.co.uk/ShareHolders/Pages/overseaspayments.aspx).
American Depositary Shares
Holders of American Depositary Shares ("ADS") evidenced by American Depositary Receipts ("ADR") are eligible for all dividends or other entitlements attaching to the underlying shares of Smith & Nephew plc and receive all cash dividends in US Dollars. Each ADR represents five Ordinary Shares. The Bank of New York Mellon is the authorised depositary bank for the ADR program.
On 15 December 2003 the ratio of underlying shares represented by ADRs changed from one ADR being equal to ten ordinary shares to one ADR being equal to five ordinary shares.