Company profits are customarily returned to shareholders in part in the form of dividends. The frequency and amount per share of dividend payments are decided by the Board of Directors. J Sainsbury plc normally pays an interim dividend each December and a final dividend for the previous financial year in July. Dividends topics covered in this section include:
- Dividends direct to your bank account
- Dividend Reinvestment Plan ("DRIP")
- Risk warning
- Annual Dividend Confirmations
- Overseas Payment Service
- How to receive your dividend payments direct to your local bank account
See key dividend payment and ex-dividend dates in the financial calendar.
Dividends direct to your bank account
Please note that, from December 2021, we will no longer be paying dividends by cheque. Dividends will be paid directly into shareholders’ bank or building society accounts or, alternatively, you can participate in our Dividend Reinvestment Plan to receive dividends in the form of additional shares. Shareholders can find further information on direct dividend payments at www.shareview.co.uk/info/directdividends.
You will still receive an annual dividend confirmation detailing each dividend to enable you to complete your tax return.
Dividend Reinvestment Plan ("DRIP")
The Company has a DRIP, which allows shareholders to reinvest their cash dividends in the Company’s shares. The shares are bought in the market on the dividend payment date through a specially arranged share dealing service provided by Equiniti. No new shares are allotted under this DRIP.
Full details of the DRIP and its charges, together with mandate forms, are available from the registrars at help.shareview.co.uk.
Risk warning
Investments made under the DRIP are in one company only and should therefore be considered as one part of a balanced portfolio. You should be aware that the price and value of any investments and the income, if any, from them, can fluctuate and may fall against your interest. You may get back less than you invest. Past performance is not a guide to future performance and if you are in any doubt about the suitability of this investment you should contact an independent authorised financial advisor.
Annual Dividend Confirmations
The Company sends out an Annual Dividend Confirmation (ADC) in relation to dividend payments. This means that those shareholders receiving their dividend direct into their bank account will receive an ADC once a year detailing all payments made throughout that year.
Overseas Payment Service
If you are an overseas shareholder you can choose to have your dividend paid directly into your bank account in your local currency by using our registrar's Overseas Payment Service. This service will mean that you receive your dividend quicker than by cheque and there is no chance that the payment will be lost in the postal system. Full details of the Overseas Payment Service are available at help.shareview.co.uk where you can download the terms and conditions and appropriate form for completion. Alternatively you can contact Equiniti on +44(0)121 415 0959.