Investors / Dividends
Dividend 2004
Xstrata plc maintains a progressive dividend policy, which takes into account underlying growth in Group earnings, capital requirements and cash flows, while maintaining an appropriate level of dividend cover.
Interim and final dividends are generally paid in the approximate ratio of one-third and two-thirds of the total annual dividend. The Sterling, Euro or Swiss' Franc amount payable will be determined by reference to the exchange rates applicable to the US dollar 7 days prior to the dividend payment date. Dividends can be paid directly into a UK bank or building society account to shareholders who elect for their dividend to be paid in pounds sterling. Currency election and dividend mandate forms are available below. Please feel free to contact us for any additional enquiries you may have.
2004 Final Dividend of 16US cents/share - payment date 20 May 2005
| Description | Date |
|---|---|
|
|
| Preliminary Annual Results | 2 March 2005 |
| Posting of Annual Report and currency election forms | 5 April 2005 |
| Ex-Dividend date | 27 April 2005 |
| Deadline for return of currency election forms | 29 April 2005 |
| Record date | 29 April 2005 |
| Applicable exchange rate date | 13 May 2005 |
| Payment date | 20 May 2005 |
DIVIDEND EXCHANGE RATES for dividend payment of 20 May 2005
As Xstrata publishes its accounts in US dollars, the dividend payable on 20 May 2005 will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 29 Apeil 2005 to receive this dividend in pounds sterling, Euros or Swiss Francs. The pound sterling, Euro or Swiss Franc amount payable will be determined by reference to the closing mid exchange rates applicable to the US dollar on Friday 13 May 2005, being 7 days prior to the dividend payment date.
These rates are noted below and were published in the Financial Times on Saturday 14 May 2005:
| USD/GBP | USD/EUR |
|---|---|
| USD1.8553 = £1 | USD1.2647 = EUR1 |
EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 20 May 2005
For the purpose of the reclaim of Swiss withholding tax the Swiss tax authorities require that the gross amount of the dividend is reflected in Swiss Francs. The relevant foreign exchange rates agreed with the Swiss tax authorities that have to be applied for claiming the refund are as follows:
| GBP/CHF | USD/CHF | EUR/CHF |
|---|---|---|
| £1 = CHF2.2662 | USD1 = CHF1.2215 | EUR1 = CHF1.5448 |
2004 Interim Dividend of 8 US cents/share was paid on 15 October 2004
| Description | Date |
|---|---|
|
|
| Posting of Annual Report and currency election forms | 12 August 2004 |
| Ex-Dividend date | 22 September 2004 |
| Deadline for return of currency election forms | 24 September 2004 |
| Record date | 24 September 2004 |
| Applicable exchange rate date | 8 October 2004 |
| Payment date | 15 October 2004 |
DIVIDEND EXCHANGE RATES for dividend payment of 15 October 2004
As Xstrata publishes its accounts in US dollars, the dividend payable on 15 October 2004 will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 24 September to receive this dividend in pounds sterling, Euros or Swiss Francs. The pound sterling, Euro or Swiss Franc amount payable will be determined by reference to the closing mid exchange rates applicable to the US dollar on Friday 8 Ocotber, being 7 days prior to the dividend payment date.
These rates are noted below and were published in the Financial Times on Saturday 9 October 2004:
| USD/GBP | USD/CHF | USD/EUR |
|---|---|---|
| USD1.7941 = £1 | USD1 = CHF1.2488 | USD1.2415 = EUR1 |
EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 15 October 2004
For the purpose of the reclaim of Swiss withholding tax the Swiss tax authorities require that the gross amount of the dividend is reflected in Swiss Francs. The relevant foreign exchange rates agreed with the Swiss tax authorities that have to be applied for claiming the refund are as follows:
| GBP/CHF | USD/CHF | EUR/CHF |
|---|---|---|
| £1 = CHF2.24061 | USD1 = CHF1.2488 | EUR1 = CHF1.5506 |
Last Modified on November 26 2007, 12:58:41 PST