The CRH PLC Board has decided to pay an interim dividend of 23.0c per share, which represents an increase of 4.5% on prior year. It is proposed to pay the interim dividend on 8 October 2021 to shareholders registered at the close of business on 10 September 2021. The ex-dividend date will be 9 September 2021. The interim dividend will be paid wholly in cash.
Existing currency elections and currency payment defaults will remain in place unless revoked or otherwise amended by certificated shareholders. Therefore, the interim dividend will be paid in euro, Pounds Sterling and US Dollar to shareholders in accordance with their existing payment instructions. If no such instructions are in place, the currency for dividend payments will be based on shareholders' addresses on CRH's Share Register, or will, in the case of shares held in the Euroclear Bank system, continue to be paid automatically in euro, unless a currency election is made for the interim dividend. Investors holding CREST Depositary Interests (CDIs) should refer to the CREST International Service Description. In respect of the interim dividend, the latest date for receipt of currency elections (and DWT exemption forms) is 17 September 2021. Earlier closing dates may apply to holders in Euroclear Bank and in CREST.
If shareholders receive dividend payments in euro or Pounds Sterling, the exchange rate is expected to be set on Friday, 24 September 2021.
Other financial highlights include:
Positive first-half performance; sales 15% ahead of prior year
EBITDA 25% ahead; continued margin expansion in all Divisions
Record cash generation supporting further delivery of shareholder value
$1.1bn growth investments year-to-date; strong pipeline of opportunities
Market outlook improving; H2 EBITDA to be ahead of record prior year