A second interim dividend of 12 US cents per ordinary share will be paid on 25 July 2008 to shareholders on the register at the close of business on 27 June 2008.
The £/$ exchange rate to be used to convert the dividend payment from US dollars to sterling, for those shareholders who did not elect by 4 July 2008 to receive payment in US dollars, will be £1=$1.9804.
The dividend payment timetable is outlined in our financial calendar.
Please see our FAQs section for further general information on dividends.
The taxation treatment of dividends received by Experian shareholders will depend on whether or not such shareholders receive their dividends directly from the Company or via the income access share arrangements as described below and on individual circumstances.
Shareholders who hold 50,000 or fewer Experian shares (i) on the date of admission of the Company to the London Stock Exchange and (ii) in the case of shareholders who did not own shares at that time, on the first dividend record date after they become shareholders in the Company, unless they elect otherwise, will be deemed to have elected to receive their dividends under the IAS arrangement.
Shareholders who hold more than 50,000 shares and who wish to receive their dividends from a UK source must make an IAS election. All elections remain in force indefinitely unless revoked.
Unless shareholders have made an IAS election, or are deemed to have made an IAS election, dividends will be received from an Irish source and will be taxed accordingly.
Individual shareholders who are (ordinarily) resident in the UK will generally be subject to UK income tax on the gross amount of any dividends paid by the Company before deduction of any Irish tax withheld.
Shareholders may also, depending on their individual circumstances, be able to claim a credit for any Irish withholding tax deducted. For further information on dividend withholding tax and about what declarations are required to be made in particular circumstances, shareholders should contact our registrar.
Individual shareholders who are (ordinarily) resident in the UK will generally be entitled to a tax credit on dividends received by the IAS arrangement.
If you are a UK resident shareholder and are not a higher rate taxpayer, your tax credit will offset your income tax liability on the aggregate of the net dividend and the tax credit (gross dividend) in full.
If you are a UK resident shareholder and a higher rate taxpayer, you will be liable for additional tax liability on the gross dividend.
If you are a UK resident shareholder not liable to UK tax on dividends (eg: pensions funds, charities, holder of a Personal Equity Plan) you will not be able to claim repayment of your tax credit attaching to your dividends.
If you are a UK resident corporate shareholder, you will not normally be liable to corporation tax in respect of a UK dividend and not able to claim repayment of tax credits for that dividend.
Shareholders should contact our registrar for further information on tax on dividends received via the IAS arrangement.
An Interim dividend of 6.5 US cents per ordinary share was paid on 1 February 2008 to shareholders on the register at the close of business on 4 January 2008. The £/$ exchange rate used to convert the dividend payment from US dollars to sterling, for those shareholders who did not elect by 4 January 2008 to receive payment in US dollars, was £1 = $1.9519.
| Dividend per share – cents | Payment date | ||||
| Interim | Second | Total | Interim | Second | |
|---|---|---|---|---|---|
| Year ended 31 March 2007 | 5.5 | 11.5 | 17.0 | 2 February 2007 | 27 July 2007 |
The ex-dividend date for the interim dividend was 3 January 2007 and for the second dividend was 27 June 2007.
The £/$ exchange rate used to convert the interim dividend payment from US dollars to sterling pounds, for those shareholders who did not elect by 5 January 2007 to receive payment in US dollars, was £1 = $1.9488.
The £/$ exchange rate used to convert the second dividend payment from US dollars to sterling pounds, for those shareholders who did not elect by 29 June 2007 to receive payment in US dollars, was £1 = $2.0098.
Please note that we are not able to provide advice to investors on their individual circumstances. If you are in any doubt about your individual tax position, you should contact your financial advisor.