Schroders Declares Interim Dividend Following Half-Year Results
The company also moves forward with a recommended cash acquisition by Nuveen subsidiary Pantheon, LLC.
Schroders plc has submitted its half-year results for the six months ended 30 June 2026 to the Financial Conduct Authority's National Storage Mechanism. The Board has declared an interim dividend of 7.0 pence per share for the financial year ending 31 December 2026, which will be paid as a cash payment on 20 August 2026 to shareholders on the register at 7 August 2026. The company's Dividend Reinvestment Plan (DRIP) will be suspended for this interim dividend.
Separately, Schroders announced that at a Court Meeting and General Meeting held on 16 April 2026, the requisite majorities of shareholders voted in favor of a recommended cash acquisition by Pantheon, LLC, a subsidiary of Nuveen, LLC. The acquisition is to be implemented via a court-sanctioned scheme of arrangement.
While the acquisition remains subject to the sanction of the Court and the satisfaction of remaining conditions, the company intends to apply for Schroders shares to cease trading on the Main Market of the London Stock Exchange and cancel their listing once the scheme becomes effective. The company stated that no statements in the acquisition announcement should be construed as profit forecasts or estimates for current or future financial years.
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