ContourGlobal announce its quarterly dividend

Power Plant

ContourGlobal plc (LON:GLO) has announced that it has approved a quarterly dividend, for the three months ended 31 December 2020, of USD 4.0591 cents per share, equivalent to $26.6 million. This dividend reflects the Group’s target of 10% year-on-year dividend growth supported by ContourGlobal’s strong and predictable cash flow generation.

The quarterly dividend will be paid on 19 April 2021 to shareholders on the register at 6 April 2021.

The April dividend of $26.6 million, will be paid as follows:

Dividend per share in USD: 4.0591 cents per share

Exchange rate: GB£1 = US$1.3930609

Dividend per share in GBP: 2.9138 pence per share

Ex-dividend date: 1 April 2021

Record date: 6 April 2021

Payment date: 19 April 2021

It is intended that the timing of the quarterly dividend for the remainder of the year will be as follows.  Payment of future dividends remain subject to Board approval.

 2021 Q1 Dividend2021 Q2 Dividend2021 Q3 Dividend
Announcement13 May6 Aug27 Oct
Ex-date20 May19 Aug4 Nov
Record date21 May20 Aug5 Nov
Payment date11 Jun10 Sep19 Nov

ContourGlobal is listed on the premium segment of the London Stock Exchange. ContourGlobal is an international owner and operator of contracted wholesale power generation businesses. It owns and operates approximately 6,306 MW in 117 power plants in 20 countries and four continents.

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