Regulatory Story
Go to market news section View chart   Print
RNS
Aviva PLC  -  AV.   

Dividend Declaration - 2016 Final and 8 3/4% Pref

Released 10:58 09-Mar-2017

RNS Number : 0133Z
Aviva PLC
09 March 2017
 

 

AVIVA PLC ("Aviva")

 

 

2016 FINAL DIVIDEND ON AVIVA PLC ORDINARY SHARES AND

DIVIDEND ON 83/4% CUMULATIVE IRREDEEMABLE PREFERENCE SHARES

9 March 2017

 

Aviva announces that:

 

·   On 8 March 2017, the Directors agreed a recommendation to shareholders of a final dividend of 15.88 pence per share on Aviva ordinary shares. Subject to shareholder approval at the 2017 Annual General Meeting, the final dividend for the year ending 31 December 2016 will be paid on 17 May 2017 to shareholders on the Register of Members at the close of business on the record date of 7 April 2017.  Holders of Aviva American Depository Receipts (ADRs) will be paid the dividend approximately five business days after the payment to ordinary shareholders.

 

In compliance with the rules issued by the Prudential Regulation Authority in relation to the implementation of the Solvency II (SII) regime and other regulatory requirements to which the Group is subject under the SII regime, the dividend is required to remain cancellable at any point prior to it becoming due and payable on 17 May 2017 and to be cancelled if, prior to payment, the Group ceases to hold capital resources equal to or in excess of its Solvency Capital Requirement, or if that would be the case if the dividend was paid. The directors have no intention of exercising this cancellation right, other than where required to do so by the Prudential Regulation Authority.

 

·     On 8 March 2017, the Directors declared a dividend of 43/8% per share NET on 83/4% Cumulative Irredeemable Preference Shares. The dividend for the six month period ending 30 June 2017 will be paid on 30 June 2017 to shareholders on the Register of Members on the record date of 9 June 2017.

 

 

Enquiries:

Roy Tooley, Head of Secretariat - Corporate                         +44 (0)20 7662 6019

Kirstine Cooper,

Group General Counsel and Company Secretary                 +44 (0)20 7662 6646

 

Aviva plc

St Helen's, 1 Undershaft

London EC3P 3DQ

Registered in England

Number 2468686

 

Aviva's LEI code is YF0Y5B0IB8SM0ZFG9G81

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DIVUGUWAWUPMGUB
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Dividend Declaration - 2016 Final and 8 3/4% Pref - RNS