The highly financially rated and very well regarded Scottish financial institution Standard Life paid its shareholders on 22 May 2014 its final dividend.
This FTSE-100 Life Insurer, that looks after the investments of policy holders, savers, investors and pensioners as well as insuring the lives of millions of people has 2,390,606,374 shares.
[http://otp.investis.com/clients/uk/standard-life/rns/regulatory-story.aspx?cid=65&newsid=406669]
The final dividend payment was 10.58p.
So with 2,390,606,374 shares each commanding a payment of 10.58p the cash leaving Standard Life on Thursday 22nd May was:-
2,390,606,374 shares x £0.1058 = £252,926,154 = £252 Million = £0.252 Billion.
The financial strength of Standard Life is demonstrated by the health progressive dividend policy of this high revered financial institution, who looks after £191 Billion in assets which is equivalent to 12.5% of the annual UK GDP.