For immediate release
17 March 2020
ContourGlobal plc ("ContourGlobal")
Quarterly dividend update
The Board of ContourGlobal announces that it has approved a quarterly dividend, for the three months ended 31 December 2019, of USD 3.6901 cents per share, equivalent to $24.75 million. This dividend reflects the Group's target of 10% year-on-year dividend growth supported by ContourGlobal's strong and predictable cash flow generation.
The quarterly dividend will be paid on 9 April 2020 to shareholders on the register at 27 March 2020.
The April dividend of $24.75 million, will be paid as follows:
Dividend per share in USD: 3.6901 cents per share
Exchange rate: GB£1 = US$1.23255
Dividend per share in GBP: 2.9939 pence per share
Ex-dividend date: 26 March 2020
Record date: 27 March 2020
Payment date: 9 April 2020
It is intended that the timing of the quarterly dividend for the remainder of the year will be as follows. Payment subject to Board approval.
Announcement |
28 May |
6 Aug |
27 Oct |
Ex-date |
4 June |
3 Sept |
3 Dec |
Record date |
5 June |
4 Sept |
4 Dec |
Payment date |
26 June |
25 Sept |
29 Dec |
About ContourGlobal
ContourGlobal is listed on the premium segment of the London Stock Exchange (TKR: GLO). ContourGlobal is an international owner and operator of contracted wholesale power generation businesses with approximately 4.8 GW in operation in 18 countries. ContourGlobal operates a portfolio of 107 thermal and renewable power plants across Europe, Latin America, and Africa utilizing a wide range of technologies.
ENQUIRIES
Investor Relations - ContourGlobal plc
John Smelt
Tel: +44 (0) 203 62690 47
Mob: +44 (0) 7500 129 218
john.smelt@contourglobal.com
Media - Brunswick
Charles Pretzlik/Simon Maine
Tel: +44 (0) 207 404 5959
Contourglobal@brunswickgroup.com
ENDS