LONDON - Moonpig Group plc, the UK-based online greeting cards and gifts platform, declared today that it will distribute an interim dividend of 1.0p per ordinary share on March 20, 2025, to shareholders recorded as of February 21, 2025. The announcement marks a forthcoming reward for investors in the company, which operates popular brands such as Moonpig, Red Letter Days, and Buyagift in the UK, and Greetz in the Netherlands.
The company has outlined its dividend timetable for the financial year 2025 (FY25), with the ex-dividend date set for February 20, 2025. Shareholders must make any currency election decisions by the record date of February 21, 2025. Those opting for payment in euros rather than sterling will have the applicable exchange rate determined on February 26, 2025, and announced the following day.
Looking ahead, Moonpig Group has indicated its intention to adhere to a consistent dividend schedule beyond FY25, planning to pay interim dividends on the third Thursday of March and final dividends on the third Thursday of November each year. However, the final dividend for FY25 is contingent upon board and shareholder approval during the Annual General Meeting scheduled for September 17, 2025.
In a move towards modernizing payment methods, the company also stated that dividends would be paid exclusively through electronic transfer. Shareholders are urged to register their bank account details via the Shareholder Portal or by contacting the company's registrar, Link Group, to ensure timely receipt of dividend payments. Any dividends due to shareholders without registered payment instructions will be held until such details are provided.
Moonpig Group's leading position in the online greeting card market and its strong presence in the gift experience sector in the UK are underpinned by its proprietary technology platforms and data science capabilities. These assets are designed to enhance customer experience and provide scalability for the company's operations.
This dividend declaration is based on a press release statement and reflects the company's performance and strategic financial decisions. It is a testament to Moonpig Group's commitment to delivering value to its shareholders and its confidence in the continued success of its business operations.
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