Dividends

Direct dividend payments

Centrica operates a service that pays dividends automatically into shareholders' bank or building society accounts. This service gives shareholders a number of benefits and also helps Centrica improve its efficiency by reducing postage and cheque clearing costs.

Many of our shareholders are already enjoying the benefits from this service which include:

• no chance of your dividend cheque going missing in the post, saving you the hassle of requesting a replacement;
• your dividend is received directly into your account on the payment date; and
• a single consolidated dividend confirmation is issued at the end of each tax year in March, in time for your self-assessment tax return.

Shareholders with a UK bank/building society account should use the Direct Dividend Payment Form whilst corporate shareholders should use the Corporate Mandate Form. Please return the completed form to Equiniti as directed.

Please note that from July 2023 we no longer pay dividends by cheque. Dividends are paid directly into shareholders’ bank or building society accounts.

Overseas Dividend Payments

The Overseas Payment Service provides shareholders in over 90 countries worldwide with the opportunity to receive Centrica dividends in their local currency, and it normally costs less than paying in a sterling cheque. Shareholders can have their dividends automatically converted from Sterling and paid into their nominated bank account normally within five working days of the dividend payment date. For further details please visit the Overseas Payment Service website or contact the Centrica shareholder helpline on +44 (0)121 4157061. Lines open 8.30am to 5.30pm (UK time), Monday to Friday (excluding public holidays in England and Wales).

Dividend History

Centrica normally declares two dividends each year. The interim dividend is paid in November and the final dividend recommended for approval at the Annual General Meeting is paid in June/July. In 2020, given the uncertainties surrounding COVID, Centrica took the prudent decision to cancel the 2019 final dividend and not to pay interim or final dividends for 2020. The dividend was reinstated in 2022.

* Net amount paid after notional 10% tax credit

**Restated dividends to take account of the bonus element of the Rights Issue.

***cancelled in April 2020