You can choose whether to take your dividends in cash or to reinvest them in ordinary shares under the company's dividend reinvestment plan ("DRIP").
Cash dividend payments are made by cheque on the dividend payment date unless you choose to mandate your dividends, in which case they will be paid direct to your bank or building society account on the payment date. Your dividend cheque will be accompanied by a dividend confirmation giving details of the dividend payment.
You can have your cash dividends paid direct into your bank account on the dividend payment date by completing a bank mandate form and returning it to the Diageo Registrar. You will receive a dividend tax voucher by post for each payment, which you need to keep for tax purposes.
Click here to download Dividend mandate form.
For further information, or for help in completing your dividend mandate form, please contact the Diageo Registrar. The e-mail address is firstname.lastname@example.org.
Click here for contact details
The Diageo Dividend Reinvestment Plan ("DRIP")
The DRIP gives you the opportunity to build up your shareholding in Diageo by using your cash dividends to purchase further Diageo shares.
The DRIP is administered by the registrar division of Diageo, who as agent of the shareholders participating in the DRIP, appoints a broker who purchases the shares, (after deduction of relevant charges, including stockbroking commission and stamp duty charges). The Diageo Registrar allocates the appropriate number of shares to each participating shareholder.
The purchases are made on or as soon as reasonably practicable after the dividend payment date, at the market price(s) available at the time. Any surplus cash dividend remaining is carried forward and added to your next dividend payment.
To be eligible to participate in the DRIP for a particular dividend, your shareholding must appear on the share register on the record date for the payment of that dividend. The DRIP is not available to persons in the USA or to residents of the USA.
The record date and the date for return of DRIP mandate forms in respect of a particular dividend are given in the company's financial calendar.
The above is a summary of the terms and conditions of the Diageo DRIP.
Click here for a copy of the full Terms and Conditions
These Terms and Conditions were effective from 14 April 2008.There was no substantive change in the nature of the Plan itself, but Diageo considered it appropriate to revise the Terms and Conditions at this time to reflect certain changes in legislation and to update relevant contact details relating to the plan. The amendments also clarify certain aspects of the terms and operational processes of the Plan, in particular clarifying the respective roles of Diageo and the Broker appointed by Diageo in its capacity as your agent, and nature of the fee payable in connection with the Plan. The fee has not changed and remains at 0.15%.
If you were a participant in the Plan before 14 April 2008 and wish to continue participating in the plan, please note that no action is required.
If you wish to join this plan please contact Diageo Registrar's for a mandate form. The e-mail address is email@example.com.
Click here for contact details
Click here for the financial calendar for the current year
|Year ended June||Interim/Final||Net amount (p)||Payment date|
|7.20p + 5.30p|