Money News
The deadline for Standard Life shareholders to return their dividend form is fast approaching. Forms must arrive with the Company's Share Registrar (Computershare) by midnight (UK time) on Tuesday May 15th.
The dividend form gives shareholders three options as to how to receive their dividends - these are:
1 - Reinvest the dividend in Standard Life plc shares.
2 - Receive cash dividend payments in a bank or building society.
3 - Receive cash dividend payments by cheque (this is the default position, if shareholders have not chosen the dividend repayment option or given their bank's or building society details.
The dividend payment date is May 31st with shareholders expected to receive their payment/shares from this date.
Cheques will be posted from this date and will take longer to arrive.
The dividend is 5.4p in respect of the period from the company's flotation on July 10th 2006 to the year-end.
At present 65% of Standard Life's total shareholding is held by retail shareholders and 35% by institutions.
Shareholders also have an AGM voting form to return (again to Computershare) by midnight (UK time) on May 27th.
This allows shareholders to vote on 11 resolutions at the company AGM on Tuesday May 29th at the Edinburgh International Conference Centre. This will be the company's first AGM as a listed plc.
Both forms can be returned in the business reply envelope which was sent to shareholders as part of the Company's AGM mailing.
11 May 2007 © Moneyextra.com
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