Global

‡ In these countries please contact our distributor

Dividends

Smith & Nephew plc has paid dividends on its ordinary shares in each year since 1937. 

An interim dividend in respect of each fiscal year is normally declared in August and paid in October. A final dividend for each year is recommended by the Board of Directors in the following February and paid in May after approval by shareholders at the Company's Annual General Meeting. Following the change in functional currency to US Dollars (in 2005), dividends are declared in US Dollars with an equivalent amount in Sterling payable to those shareholders whose registered address is in the UK, or who have validly elected to receive Sterling dividends. 

Dividend timetable

A final dividend for 2019 of 23.1 US cents per ordinary share has been proposed by the Board and will be payable, subject to shareholder approval, on 6 May 2020 to shareholders whose names appear on the register at close of business on 3 April 2020.

Those shareholders whose address on the register is in the UK, and those who have validly elected to receive Sterling dividends, will receive their dividend in Sterling at a rate of 18.66 pence per ordinary share

Read more information on our dividend payment history

Dividend Re-Investment Plan

The Plan allows holders of ordinary shares the opportunity to use their cash dividend to acquire additional shares in Smith & Nephew plc, which are bought in the market at competitive dealing costs. The Plan is administered by Computershare, our Registrars.

Please see the terms and conditions and the relevant form to join the Smith+Nephew Dividend Re-Investment Plan.

Our depositary bank (J.P. Morgan Chase N.A.) administers a Global Invest Direct plan, which allows holders to reinvest dividends paid on ADRs. New and existing holders may also use this service to buy and sell ADRs

Read more about our DRIP payment history

Payment direct into your bank account

Smith+Nephew is now a mandatory direct credit company and has removed the option of dividends being issued in the form of cheques. This removes the risk of cheques getting lost in the post and enables shareholders to receive cleared funds sooner by having their dividends paid electronically direct into their bank or building society account. Shareholders should contact Computershare, our Registrars, for a form of mandate (see contact details above).

Receipt of dividends in local currency

Shareholders in certain countries can elect to have their dividends paid direct into their bank account in their local currency. For more information or to download a copy of the relevant form, please contact Computershare.

American Depositary Shares

Holders of American Depositary Shares ("ADS") evidenced by American Depositary Receipts ("ADR") are eligible for all dividends or other entitlements attaching to the underlying shares of Smith & Nephew plc and receive all cash dividends in US Dollars.

American Depositary Shares (“ADS”) will trade ex-dividend on the New York Stock Exchange from 2 April 2020. Holders of ADSs on the register at close of business on 3 April 2020 will receive a dividend of 46.2 US cents per ADS, subject to shareholder approval on 6 May 2020.

Read more about our ADS payment history

Contact our registrar

Information about the AGM, shareholdings, dividends and changes to your personal details? Contact Computershare, our registrar:

Computershare Investor Services,
The Pavilions,
Bridgwater Road,
United Kingdom,
BS99 6ZZ 
www.investorcentre.co.uk 

Telephone 0370 703 0047 or +44 (0)117 378 5450 if calling from outside the UK. Lines open 8:30am to 5:30pm (UK time), Monday to Friday (excluding public holidays in England and Wales)

Other contacts