Dividend Payments
From 2021, M&G plc will make dividend payments directly into your bank account. No cheques will be issued. Direct payments provide a more efficient, secure and environmentally friendly method of payment.
Shareholders will not have to make a trip to the bank nor deal with fees for lost cheques.
To receive M&G plc dividends you will need to provide your bank or building society account details so that payments can be made directly to your nominated bank account.
The most efficient and secure way to provide your bank details is online via your Shareview Portfolio. Please click here to login or register on Equiniti’s Shareview site.
Only one annual dividend confirmation is issued covering all dividends paid in any tax year.
Dividends in currencies other than sterling
Equiniti offers an Overseas Payment Service which will pay your dividend direct into an account of your choosing in one of 83 currencies to over 90 countries worldwide, for a fee per payment.
If you wish to use this service simply download an application form for your country from Shareview and return it to Equiniti. You should find the answer to any queries you have, as well as the full terms and conditions, online at Shareview.
Dividend timetable
We plan to announce any dividends and the dividend timetable at the same time as the full year and half year results. Dividends will be paid into your nominated bank account as cleared funds on the dividend payment date.
Dividend history
This timetable will be updated in respect of each forthcoming dividend.
*comprised of Ordinary Dividend of 11.92p and Special Demerger Dividend of 3.85p
**provisional and subject to change
Dividend reinvestment
You can choose to participate in the M&G plc Dividend Reinvestment Plan (DRIP) which enables you to use your M&G plc cash dividend to purchase more M&G plc shares in a convenient and cost efficient way. The DRIP is provided by Equiniti Financial Services Limited (Equiniti FS).
You can join the DRIP online via your Shareview Portfolio or by downloading an application form from Shareview and returning it to Equiniti FS.
To participate in the DRIP for a particular dividend, your election must be received 15 working days prior to the next dividend payment date, otherwise your dividend will be paid in cash. Elections received after this will only apply to subsequent dividends.You can find out more about the DRIP here. If you have any questions about the DRIP, you should contact Equiniti.
See below table for a record of the historical DRIP share purchase prices.
You can choose to use your dividends to buy eVouchers for various retailers, with an uplift through EQ Boost. To do so, register for an account using the link below. Your dividends will then be paid into that account which you can then boost into eVouchers of a higher value.
View more information about EQ Boost