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ContourGlobal PLC   -  GLO   

Quarterly Dividend Update

Released 07:00 17-Mar-2020

RNS Number : 4128G
ContourGlobal PLC
17 March 2020
 

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

 


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Quarterly Dividend Update - RNS