Marks and Spencer January 2016 Dividend.

Marks and Spencer PLC, the most famous name on the UK high street, paid its shareholders on Friday 8th 2016 its bi-annual dividend.

It was 6.8p per share that was paid to shareholders.

Marks and Spencer capital consists of 1,629,051,928 ordinary shares.

This the cash it paid out to its shareholders was:-

1,629,051,928 x £0.068 = £110,775,531

Yes £110 Million left the business to pay the shareholders

One of the single largest shareholders is William Adderley, the founder of Dunelm.

He has 49,311,140 shares in Marks and Spencer PLC. (that is about 3% of Marks and Spencer PLC)

That means on Friday 8th Jan 2016 he was paid:

49,311,140 x £0.068 = £3,353,158

Yes, £3.35 Million. A great investment.

Asad Karim