Dividend
The interim dividend of 9.98p per share represents an increase of 6.3%, in line with the previously announced policy to grow the Group dividend by 4% per annum above inflation up to the end of 2014/15.
The dividend will be paid on 2 April 2015 to shareholders on the register on 30 January 2015. The Company is also offering a scrip dividend alternative. The final date for receipt of forms of election/mandate in respect of the scrip dividend alternative for the interim dividend will be 9 March 2015.
As announced at our Preliminary Results last June, the Board will review the dividend policy for the K6 period following the Final Determination for South West Water and will make an announcement at the 2014/15 Preliminary Results.
