Inmarsat’s interim and final dividends are announced in August and March respectively and the current policy is to pay dividends twice a year, generally in October and May respectively.
Dividends are declared in US dollars, but paid in Pounds Sterling based on the exchange rate prevailing in the London market prior to payment. The Inmarsat Scrip Dividend Scheme is suspended indefinitely. Accordingly any Inmarsat shareholders who had elected to participate in the Inmarsat Scrip Dividend Scheme shall receive cash rather than Inmarsat shares in respect of the intrim 2019 dividend.
A record of historical dividend earnings are noted here for the past three years:
Announcement date: 07 March 2019
Ex-dividend date: 18 April 2019
Record date: 23 April 2019
Amount: 12.00 cents (US$) per share
Exchange rate: US$1.261405 / £1
Sterling cash dividend rate: 9.513202 pence
Payment date: 30 May 2019
Announcement date: 09 March 2018
Ex-dividend date: 19 April 2018
Record date: 20 April 2018
Amount: 12.00 cents (US$) per share
Exchange rate: US$1.4045 / £1
Sterling cash dividend rate: 8.543966 pence
Scrip reference price: 367.64 pence
Payment date: 25 May 2018
Announcement date: 08 March 2017
Ex-Dividend date: 20 April 2017
Record date: 21 April 2017
Amount: 33.37 cents (US$) per share
Exchange rate: US$1.2831 / £1
Sterling cash dividend rate: 26.007326 pence
Scrip reference price: 819.2 pence
Payment date: 26 May 2017
Announcement date: 02 August 2018
Ex-dividend date: 13 September 2018
Record date: 14 September 2018
Amount: 8.00 cents (US$) per share
Exchange rate: US$1.3165 / £1
Sterling cash dividend rate: 6.089902 pence
Scrip reference price: 495.04 pence
Payment date: 19 October 2018
Announcement date: 03 Aug 2017
Ex-dividend date: 14 Sept 2017
Record date: 15 Sept 2017
Amount: 21.62 cents (US$) per share
Exchange rate: US$1.34320 / £1
Sterling cash dividend rate:16.095890 pence
Scrip reference price: 629.35pence
Payment date: 20 Oct 2017
Announcement date: 04 Aug 2016
Ex-dividend date: 15 Sept 2016
Record date: 16 Sept 2016
Amount: 20.59 cents (US$) per share
Exchange rate: US$1.3198 / £1
Sterling cash dividend rate: 15.600848 pence
Scrip reference price: 708.85 pence
Payment date: 21 Oct 2016
Further to the announcement that the boards of Inmarsat and Triton Bidco have reached an agreement on the recommended cash offer by Triton Bidco, a committee of the Inmarsat Board resolved (in accordance with the terms of Inmarsat Scrip Dividend Scheme) that the Inmarsat Scrip Dividend shall be suspended indefinitely and with effect from 25 March 2019, including in relation to the Final Dividend. Accordingly, any Inmarsat Shareholders who had elected to participate in the Inmarsat Scrip Dividend Scheme shall receive cash rather than Inmarsat Shares in respect of the Final Dividend and any other dividend.
