Shareowner Information
DividendsThe interim dividend for 2005 of 4.00 pence per ordinary share was paid on 14 October 2005. The interim dividend for American Depository Receipts ("ADRs") of 0.28 dollars per ADR was paid on 21 October 2005. The proposed final dividend for 2005 of 9.00 pence per ordinary share was announced by the Directors on 21 February 2006 and, subject to approval at the Annual General Meeting, will be paid on 26 May 2006 to those shareowners and ADR holders who are on the register at the close of business on 28 April 2006. The Company has paid cash dividends on its ordinary shares in respect of every financial year since the merger of Cadbury Group Limited with Schweppes Limited in 1969. Dividends are paid to owners of ordinary shares on dates which are determined in accordance with the guidelines of the UK Listing Authority. A final dividend is normally recommended by the Board of Directors following the end of the financial year to which it relates and is paid in the following May, subject to shareowners' approval at the Company's Annual General Meeting. An interim dividend is normally declared by the Board of Directors following the end of the first half year to which it relates. |
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The dividends for holders of American Depository Receipts ("ADRs") have previously been paid by the Depositary one week after the dividend is paid to ordinary shareowners following conversion of the sterling dividend into US dollars. The proposed final dividend of 2005, and all dividend payments thereafter, will be paid to ADR holders on the same date as to ordinary shareholders, giving ADR holders equal treatment to ordinary shareowners. Future dividends to be paid by the Company will be dependent upon the Company's earnings, financial condition and other factors, including the amounts of dividends paid to it by its subsidiaries. There is no UK governmental restriction on dividend payments to foreign shareowners which is applicable to the Company. The tables below detail the amounts of interim, final and total dividends declared in respect of each financial year indicated, translated into US dollars per ADR (each representing four ordinary shares) at the noon buying rate on each of the respective payment dates. Dividend Rates per Ordinary Share
(a) To be paid on 26 May 2006 to ordinary shareowners back to top Dividend Rates per ADR
(a) To be paid on 26 May 2006 to ADR holders (conversion rate as at 17 February 2006: £1 = $1.75) |
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