Bluefield Solar Announces First Interim Dividend for the Financial Year Ending June 30, 2018, Payable on January 19, 2018; Provides Dividend Guidance for the Financial Year Ending June 30, 2018
January 08, 2018 at 12:30 pm IST
Bluefield Solar announced a first interim dividend of 1.80 pence per ordinary share for the financial year ending June 30, 2018. The dividend will be payable to shareholders on the register as at January 19, 2018 with an associated ex-dividend date of January 18, 2018 and a payment date of February 9, 2018.
The company and its Board of Directors set dividend targets which are intended to grow in line with the Retail Price Index, using the 2014/15 financial year dividends of 7 pence per share as a base. The target dividends arising out of the financial year ending June 30, 2017 were 7.18 pence per ordinary share, and this target will rise to 7.4 pence per ordinary share for the financial year ending 30 June, 2018.