Rolls Royce PLC: January Dividend.

Yesterday, 6th Jan, Rolls Royce PLC, one of the most highly regarded engineering companies in the world, paid its dividend to its shareholders.

http://www.rollsroyce.com

It was 4.6p per share.

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?username=&ac=&csi=10072&record_search=1&search_phrase=rr

How cash did the dividend cost Rolls Royce PLC ?

The issued share capital of the Company is comprised off 1,838,787,676 ordinary shares of 20p each with voting rights.

http://otp.investis.com/clients/uk/rolls-royce1/rns/regulatory-story.aspx?cid=171&newsid=822957

Thus

1,838,787,676 x £0.046 = £84,584,233.10

£84m in cash.

Now Blackrock own 5% of Rolls Royce:

http://otp.investis.com/clients/uk/rolls-royce1/rns/regulatory-story.aspx?cid=171&newsid=820016

they have 92,012,850 shares, so they got 92,012,850 * £0.046 = £4,232,591.10 in cash, that is £4.2m

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