BT Group PLC, is the most dynamic telecoms, broadband and media business in the world.
On the 8th of Feb 2016, BT PLC paid its interim dividend. It paid its shareholders 4.40p.
BT’s issued share capital on the 31st Dec 2015 consisted of 8,373,227,252 ordinary shares with voting rights. On this date, BT Group plc held 6,950,839 ordinary shares as treasury shares and thus, the total number of voting rights in BT Group plc on that date was 8,366,276,413.
So it paid out £0.044 per 8,366,276,413 shares.
So what cash left the business on the 8th Feb 2016 ?
8,366,276,413 x £0.044 = £368,116,162
Yes, £368 million was paid to the loyal shareholders of BT Group PLC