On Thursday 11th May, BT plc, the worlds most dynamic media and telecoms group announced its annual results.

http://otp.investis.com/clients/uk/bt/rns/regulatory-story.aspx?cid=1470&newsid=870893

The proposed dividend is delicious:

“Proposed final dividend of 10.55p, up 10%, giving a full year dividend of 15.40p, also up 10%.”

Now the total voting rights are

http://otp.investis.com/clients/uk/bt/rns/regulatory-story.aspx?cid=1470&newsid=867698

The total number of voting rights in BT Group plc on that date was 9,960,490,519

This, the dividend will cost BT:

9,960,490,519 x £0.1055 = £1,050,831,750

That is just over £1 Billion.

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?username=&ac=&csi=10025&record_search=1&search_phrase=BT

a 5% yield. Delicious