Dividend 2011

2011 Final Dividend of 27 cents/share- payment date 23 May 2012

2011 Final Dividend - payment date 23 May 2012
Dividend dates 2011
Please note:
  • in order for your request to be processed, completed forms must be returned to the Registrars no later than 8 May 2012. Any requests received after the 8 May 2012 will not apply for the dividend payable 23 May 2012, but only to subsequent dividends;
  • the Xstrata currency election and dividend mandate forms should be downloaded and completed.
Preliminary Results Announcement 7 February 2012
AGM 1 May 2012
Ex-Dividend date 2 May 2012
Record date 4 May 2012
Deadline for return of currency election forms 8 May 2012
Applicable exchange rate date 15 May 2012
Payment date 23 May 2012

DIVIDEND EXCHANGE RATES for dividend payment of 23 May 2012

Xstrata publishes its accounts in US dollars and the dividend payable on 23 May will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 8 May 2012 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 15 May 2017, being 7 days prior to the dividend payment date.

These rates are noted below and were published in the Financial Times on 16 May 2012:

Dividend Exchange Rate for dividend payment of 23 May 2012
USD/GBP USD/EUR USD/CHF
USD1.6040 = £1 USD1.2775 = EUR1 USD1 = CHF0.9401

 

2011 Interim Dividend of 13 cents/share - payment date 7 October 2011

2011 Interim Dividend - payment date 7 October 2011
Dividend dates 2011
Half-Yearly Results Announcement 2 August 2011
Ex-Dividend date 14 September 2011
Record date 16 September 2011
Deadline for return of currency election forms 23 September 2011
Applicable exchange rate date 30 September 2011
Payment date 7 October 2011

DIVIDEND EXCHANGE RATES for dividend payment of 7 October 2011

Xstrata publishes its accounts in US dollars and the dividend payable on 7 October will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 23 September 2011 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 30 September 2011, being 7 days prior to the dividend payment date.

These rates are noted below and were published in the Financial Times on Saturday 1 October 2011:

Dividend Exchange Rate for dividend payment of 7 October 2011
USD/GBP USD/EUR USD/CHF
USD1.5578 = £1 USD1.3417 = EUR1 USD1 = CHF0.9083

EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 7 October 2011

For the purpose of reclaiming the 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 should be applied to claim the refund are as follows:

EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 7 October 2011
GBP/CHF USD/CHF EUR/CHF
£1 =1.4150 USD1 = 0.9083 EUR1 = 1.2187

 

Following approval at our Annual General Meeting in May 2012, future dividend payments paid out of share premium (capital contribution reserve) will not be subject to Swiss withholding tax.

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 seven 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.