standard life

ceewash

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Received this email from Standard Life about share dividends. These are free shares that they gave out. Not sure what it means. What is a final dividend? How would we receive the one off payment of 22.6p?

Can anyone explain what this means?

Dear Shareholder,

[/FONT] [FONT=Arial,Verdana] We’ve had another good year, reflecting again how our strategy is generating value for our shareholders.

[FONT=Arial,Verdana]Final and special dividend[/FONT]
We’re recommending a final dividend of 9.8p, giving a total of 14.7p for 2012 – up 6.5% on 2011. And thanks to our strong capital position and robust management of assets and capital, we’re recommending our shareholders receive a special dividend of 12.8p per share as well. If approved, the special dividend and the final dividend are due to be paid together as one payment of 22.6p per share on 21 May 2013.

I believe the Group has come a long way since demutualisation in 2006. My thanks go to our people for their hard work and dedication, and to you, our shareholders for your continued support.[/FONT]

redbuzzard

The annual dividend is paid in parts. This is the final part for 2012. It is not, hopefully, the final final dividend.

ceewash

Phew!
Will it be added to the shares as usual?

Would it be possible to take it as cash and leave the remaining shares where they are?

bigadaj

ceewash wrote: »

Phew!
Will it be added to the shares as usual?

Would it be possible to take it as cash and leave the remaining shares where they are?

Yes you can opt to get it paid in cash.