Berkeley Group Holdings plc (LON:BKG) has announced that an interim dividend of 21.25 pence per share will be paid on 9 September 2022 to shareholders on the Company’s register of members at close of business on 19 August 2022. The ex-dividend date is 18 August 2022.
The target return under the ongoing Shareholder Returns Programme for the twelve months to 30 September 2022 is £282,237,338. In September 2021, the Company made a return to shareholders of £3.71 per share via a B-share Capital Return scheme, which included an accelerated amount of £141,118,669 in respect of the ongoing Shareholder Returns Programme for the six months to 31 March 2022. Accordingly, the table below sets out how the Qualifying Return is being satisfied:
| Qualifying Return | £282,237,338 |
| Shareholder return for six months to 31 March 2022 accelerated as part of September 2021 B-share Capital Return | £141,118,669 |
| Shareholder return satisfied through share buy-backs | £117,774,630 |
| Shareholder return to be satisfied as dividend to be paid 9 September 2022 | £23,344,039 |
| Number of shares eligible for dividend * | 109,878,507 |
| Dividend per share now being declared | 21.25 pence |
* Excluding shares held in Treasury and by the Employee Benefit Trust
The Directors also announce that the next £141,118,669 shareholder return will be provided by 31 March 2023 through a combination of dividends and share buy-backs. This amount will be increased appropriately in the event that any new shares are issued either from treasury or as newly listed shares. The amount to be paid as a dividend will be announced prior to the end of February 2023, taking account of any share buy-backs made in the intervening period.
Berkeley Group Holdings is a British property developer and house-builder based in Cobham, England.
