Saturday, July 20, 2024

Diageo Announces Sterling Equivalent Of Interim 32.05p/Share In Sterling

Diageo Announces Sterling Equivalent Of Interim 32.05p/Share In Sterling

Global beverage giant Diageo today confirmed the level of change in its recently announced short-term dividends. 

Originally announced as the US. 40.50 cents per share on February 30, 2024, the board has now disclosed that the adjustment will be 32.05 pence per share in sterling equivalent 

The adjustment was determined based on recent exchange rates, where the U.S. 1 dollar is equal to £0.79136.

The conversion rate was derived from Diageo’s sterling currency forward contract, which was issued three days before this announcement. 

These agreements were entered into in anticipation of the April 17, 2024, payment of the dividend.

For further details regarding these shares, interested parties are directed to the announcement dated February 30, 2024, and details available on Diageo’s official website is at www.diageo.com 

 


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