Dividends

Introduction

Dividends are the way in which the Company makes distributions from its profits to shareholders. In normal circumstances, Rentokil Initial pays dividends twice a year, and the level of each dividend is decided by the Company's directors. A dividend is paid for each share, so the amount you receive depends on the number of shares you own at the record date. It can be paid in cash or used to buy more shares.

Dividend payment

The directors have declared an interim dividend of 3.16p per share for the six months ended 30 June 2024.

 

Dividend history

 

'Record date' and 'ex-dividend' date

A dividend is paid based on the number of shares held on the share register at the record date, which is one day after the ex-dividend date. If you receive a dividend and are not sure if you are entitled to it, you should contact the agent who sold your shares for you.

The ex-dividend date is a specific date, occurring after the dividend has been declared, after which buyers are no longer entitled to receive the last declared dividend. This is known as going 'ex-dividend' and before this date the shares are said to be 'cum-dividend'. If you buy shares before the ex-dividend date, you are entitled to the recently declared dividend. If you buy shares on or after that date, the previous owner of the shares (and not you) is entitled to the dividend.

Payment of dividends

If you are a shareholder who has a UK bank/building society account, you can arrange to have dividends paid direct via a bank/building society mandate. Rentokil Initial plc no longer pays dividends by cheque.

If dividends are paid direct to your bank or building society account through the BACS system, it avoids the risk of cheques being lost in the post and your dividend will be in your account on the day the payment is made. To have dividends paid directly to your bank or building society account, simply contact the Company’s Registrar, Equiniti.

If you do not have a UK bank or building society account, you may be able to arrange for payments to be converted and paid in your local currency using the Equiniti Overseas Payment Service.  This service pays in over 83 currencies to over 90 different countries.

You will receive a dividend confirmation by post setting out details of the dividend paid to you at the time.

Alternatively, the company offers a Dividend Reinvestment Plan (DRIP), which is a low cost way to use your dividend payments to purchase additional shares in the Company, enabling you to increase your shareholding in a convenient and cost-effective manner. The DRIP is operated by Equiniti Financial Services Limited (EFSL). Rather than having a bank account credited with a cash dividend payment, ESFL will use the dividends payable to DRIP participants to purchase shares on their behalf in the market, under a special low-cost dealing arrangement.

Any shareholder wishing to join the DRIP should contact EFSL for an application form, using the contact details provided below.

Tel: 0333 207 6581

Overseas: +44 (0) 333 207 6581

Tax on dividends

You may be required to pay tax on dividends received. For more information, please visit https://www.gov.uk/tax-on-dividends IMPORTANT: You will be required to retain details of any dividend payments you receive and complete Tax Returns where required. For further advice please contact a tax or financial advisor who in the UK must be authorised by the Financial Conduct Authority.