Dividend Information
On August 25, 2011, Signet Jewelers Ltd (“Signet”) (NYSE and LSE: SIG), announced that its Board of Directors had approved the commencement of paying quarterly cash dividends on its Common Shares.
Mike Barnes, Signet’s Chief Executive Officer, commented: “The Board approval of an ongoing quarterly cash dividend advances our goal of returning value to our shareholders. We believe this demonstrates the strength of our business model and our ability to generate positive cash flow while continuing to invest in, and support, our long term growth initiatives.”
Future payments of quarterly dividends will be based on Signet’s ability to satisfy all applicable statutory and regulatory requirements and its continued financial strength. Any future payment of cash dividends will depend upon such factors as Signet’s earnings, capital requirements, financial condition, financing agreement restrictions, and other factors deemed relevant by the Board of Directors.
Details of dividends declared are:
Amount, $ | Declared | Ex-Dividend | Record Date | Payable | £ exchange rate for UK registered shares |
| 0.10 | January 10, 2012 | January 25, 2012 | January 27, 2012 | February 27, 2012 | Determined at 4pm GMT February 6 |
| 0.10 | August 25, 2011 | October 26, 2011 | October 28, 2011 | November 28, 2011 | 1.5782 (6.3363p per share) |