The Tate & Lyle Board has approved an interim dividend for the six months to 30 September 2023 of 6.2p (2022 - 5.4p) per share. This is in line with the policy announced in their Capital Markets Event in February 2023 that interim dividends will be at the level of one-third of the previous year's full-year dividend. The dividend will be paid on 5 January 2024 to all shareholders on the Register of Members on 24 November 2023. As well as the cash dividend option, shareholders will be offered a Dividend Reinvestment Plan alternative.
Within the context of its growth-focused strategy the Tate & Lyle Board operates a progressive dividend policy with the overall aim of balancing growing the dividend with further strengthening dividend earnings and cash cover over the medium term.