Dividends and Share Buybacks
Barclays understands the importance of delivering attractive total cash returns to shareholders. Barclays is therefore committed to maintaining an appropriate balance between total cash returns to shareholders, investment in the business and maintaining a strong capital position.
Barclays plans to return at least £10bn of capital to shareholders between 2024 and 2026, through dividends and share buybacks, with a continued preference for buybacks. Barclays plan to keep the total dividend stable at the 2023 level in absolute terms, with progressive dividend per share growth driven through share count reduction as a result of increased share buybacks.
Dividends will continue to be paid semi-annually. This multiyear plan is subject to supervisory and Board approval, anticipated financial performance and our published CET1 ratio target range of 13-14%.
As owners of Barclays, shareholders benefit from buybacks as they reduce overall share count, thereby increasing each share’s percentage ownership of Barclays equity and proportion of future capital returns.
Half year dividend for the period ended 30 June 2024
It is Barclays' policy to declare and pay dividends on a semi-annual basis. The half year dividend for the period ended 30 June 2024 of 2.9p per ordinary share was paid on Friday 20 September 2024 to shareholders holding shares on the register on Friday 16 August 2024.
For qualifying US and Canadian-resident American Depositary Receipt (ADR) holders, the half year dividend of 2.9p per ordinary share became 11.6p per ADS (American Depositary – Share) (representing four shares). The ADR depositary bank posted the half year dividend on Friday 20 September 2024 to ADR holders on record on Friday 16 August 2024.
Barclays has completed the share buyback of £1.0bn announced with the Full Year 2023 Results.
On 1 August 2024 Barclays announced an intention to initiate a further share buyback of up to £750m. The share buyback commenced on 5 August 2024.
Previous capital returns
The full year dividend for the period ended 31 December 2023 of 5.3p per ordinary share was paid on Wednesday 3 April 2024 to shareholders holding shares on the register on Friday 1 March 2024.
For qualifying US and Canadian-resident ADR holders, the full year dividend of 5.3p per ordinary share became 21.2p per ADS (representing four shares). The ADR depositary posted the full year dividend on Wednesday 3 April 2024 to ADR holders on record on Friday 1 March 2024.
-
Barclays has made the decision that from March 2023, dividends will no longer be paid by cheque. All future dividends will be credited to a shareholder’s nominated bank account or building society. We believe it is beneficial for our shareholders to use a more secure payment method and, in line with our targets to reduce our environmental footprint, the environmental impact of printing and posting cheques will be removed.
To receive Barclays PLC dividends and any other money payable to you in connection with your Barclays PLC ordinary shares, you will need to provide your bank or building society account details. Please complete the Bank Mandate Form below and send to Equiniti at the address listed on the form.
Download Bank Mandate Form - Individual Shareholder (PDF 33KB)
Download Bank Mandate Form - Corporate Shareholder (PDF 30KB)
-
Barclays issues a consolidated dividend confirmation for the financial year in March/April to shareholders who have their dividends paid directly into a bank or building society account.
Shareholders who receive a dividend cheque posted to their registered address receive a dividend confirmation with each payment.
To request a duplicate dividend confirmation, please contact Equiniti on 0371 384 2055 in the UK or +44 121 415 7004 from outside the UK. Lines open 8:30am to 5:30pm (UK time), Monday to Friday, excluding public holidays in England and Wales.
Alternatively you can contact Equiniti via www.shareview.co.uk.
There may be an administration charge for issuing duplicate dividend confirmations. You can also access your dividend information and electronic dividend confirmation online using Shareview.
-
Barclays offers a dividend reinvestment plan (DRIP) for those shareholders who wish to elect to use their dividend payments to purchase additional ordinary shares, rather than receive a cash payment. The DRIP will be provided and administered by Barclays’ registrar, Equiniti. Further details regarding the DRIP can be found at www.shareview.co.uk/info/drip
-
Qualifying US and Canadian resident ADR holders should contact Shareowner Services for further details regarding the DRIP.
-
During 2023 Barclays undertook two share buyback programmes. The first was a £500m share buyback which was announced in February 2023 and commenced in March 2023. This buyback completed in April 2023. The second buy back was announced in the Half Year 2023 Results Announcement published in July 2023, when Barclays announced its intention to initiate a further share buyback of up to £750m. This buyback commenced on 28 July 2023 and completed on 23 October 2023. The purpose of each of the buybacks was to reduce the share capital of the company and the ordinary shares purchased under the buybacks were cancelled.
No repurchases were made in the United States or in respect of the Company's American Depositary Receipts.
During 2024 Barclays have completed a share buyback of £1bn which was announced with the Full Year 2023 Results in February 2024 and Commenced on 22 February 2024. This Buyback completed in July 2024.
As outlined in its announcement on 1 August 2024, Barclays announced that it intends to initiate a further share buyback programme of up to £750m. The share buyback is expected to commence in the third quarter of 2024.
Historic Share Buybacks
| Announcement | Commencement Date | Completion Date | Buyback Amount | Shares Purchased | Average Purchase Price |
|---|---|---|---|---|---|
| Full Year (2023) | 22 February 2024 | 30 July 2024 | £1bn | 497,923,138 | £2.008 |
| Half Year (2023) | 28 July 2023 | 23 October 2023 | £750m | 493,603,770 | £1.519 |
| Full Year (2022) | 13 March 2023 | 14 April 2023 | £500m | 343,041,720 | £1.458 |
| Half Year (2022) | 17 August 2022 | 3 October 2022 | £500m | 306,326,717 | £1.632 |
| Full Year (2021) | 24 May 2022 | 16 August 2022 | £1bn | 625,019,884 | £1.599 |
| Half Year (2021) | 2 August 2021 | 30 November 2021 | £500m | 266,987,647 | £1.872 |
| Full Year (2020) | 19 March 2021 | 22 April 2021 | £700m | 377,356,751 | £1.855 |
Historic Dividends
| Ex-Div Date |
Record Date |
Payment Date |
Dividend Amount |
Scrip reference share price |
|
|---|---|---|---|---|---|
| Half year (2024) | 15/08/2024 | 16/08/2024 | 20/09/2024 | 2.9p | N/A |
| Full year (2023) | 29/02/2024 | 01/03/02024 | 03/04/2024 | 5.3p | N/A |
| Half year (2023) | 10/08/2023 | 11/08/2023 | 15/09/2023 | 2.7p | N/A |
| Full year (2022) | 23/02/2023 | 24/02/2023 | 31/03/2023 | 5.0p | N/A |
| Half year (2022) | 11/08/2022 | 12/08/2022 | 16/09/2022 | 2.25p | N/A |
| Full year (2021) | 03/03/2022 | 04/03/2022 | 05/04/2022 | 4.0p | N/A |
| Half year (2021) | 12/08/2021 | 13/08/2021 | 17/09/2021 | 2.0p | N/A |
| Full year (2020) | 25/02/2021 | 26/02/2021 | 01/04/2021 | 1.0p | N/A |
| Half year (2020) | N/A | N/A | N/A | N/A | N/A |
| Full year (2019) | N/A | N/A | N/A | N/A | N/A |
| Half year (2019) | 08/08/2019 |
09/08/2019 |
23/09/2019 |
3.0p |
£1.4220 |
| Full year (2018) |
28/02/2019 |
01/03/2019 |
05/04/2019 |
4.0p |
£1.6406 |
| Half year (2018) |
09/08/2018 |
10/08/2018 |
17/09/2018 |
2.5p |
£1.8548 |
| Final (2017) | 01/03/2018 |
02/03/2018 |
05/04/2018 |
2p |
£2.0921 |
| Interim (2017) | 10/08/2017 |
11/08/2017 |
18/09/2017 |
1p |
£2.0103 |
| Final (2016) |
02/03/2017 |
03/03/2017 |
05/04/2017 |
2p |
£2.2944 |
| Interim (2016) |
11/08/2016 |
12/08/2016 |
19/09/2016 |
1p |
£1.6242 |
| Final (2015) |
10/03/2016 |
11/03/2016 |
05/04/2016 |
3.5p |
£1.6334 |
| 3rd Interim (2015) |
05/11/2015 |
06/11/2015 |
11/12/2015 |
1p |
£2.3146 |
| 2nd Interim (2015) |
06/08/2015 |
07/08/2015 |
14/09/2015 |
1p |
£2.7907 |
| 1st Interim (2015) |
07/05/2015 |
08/05/2015 |
15/06/2015 |
1p |
£2.5709 |
| Final (2014) |
10/03/2015 |
11/03/2015 |
02/04/2015 |
3.5p |
£2.5313 |
| 3rd Interim (2014) |
06/11/2014 |
07/11/2014 |
12/12/2014 |
1p |
£2.3387 |
| 2nd Interim (2014) |
06/08/2014 |
08/08/2014 |
19/09/2014 |
1p |
£2.1568 |
| 1st Interim (2014) |
14/05/2014 |
16/05/2014 |
23/06/2014 |
1p |
£2.4303 |
| Final (2013) |
19/02/2014 |
21/02/2014 |
28/03/2014 |
3.5p |
£2.5719 |
| 3rd Interim (2013) |
06/11/2013 |
08/11/2013 |
13/12/2013 |
1p |
£2.5542 |
| 2nd Interim (2013) |
07/08/2013 |
09/08/2013 |
13/09/2013 |
1p |
£2.8497 |
| 1st Interim (2013) |
01/05/2013 |
03/05/2013 |
07/06/2013 |
1p |
n/a |
| Final (2012) |
20/02/2013 |
22/02/2013 |
15/03/2013 |
3.5p |
n/a |
| 3rd Interim (2012) |
07/11/2012 |
09/11/2012 |
07/12/2012 |
1p |
n/a |
| 2nd Interim (2012) | 08/08/2012 |
10/08/2012 |
07/09/2012 |
1p |
n/a |
| 1st Interim (2012) |
02/05/2012 |
04/05/2012 |
08/06/2012 |
1p |
n/a |
| Final (2011) |
22/02/2012 |
24/02/2012 |
16/03/2012 |
3p |
n/a |
| 3rd Interim (2011) |
09/11/2011 |
11/11/2011 |
09/12/2011 |
1p |
n/a |
| 2nd Interim (2011) |
10/08/2011 |
12/08/2011 |
09/09/2011 |
1p |
n/a |
| 1st Interim (2011) |
04/05/2011 |
06/05/2011 |
10/06/2011 |
1p |
n/a |
| Final (2010) |
23/02/2011 |
25/02/2011 |
18/03/2011 |
2.5p |
n/a |
| 3rd Interim (2010) |
17/11/2010 |
19/11/2010 |
10/12/2010 |
1p |
n/a |
| 2nd Interim (2010) |
11/08/2010 |
13/08/2010 |
10/09/2010 |
1p |
n/a |
| 1st Interim (2010) |
12/05/2010 |
14/05/2010 |
04/06/2010 |
1p |
n/a |
| Final (2009) |
24/06/2010 |
26/02/2010 |
19/03/2010 |
1.5p |
n/a |
| Interim (2009) |
18/11/2009 |
20/11/2009 |
11/12/2009 |
1p |
n/a |
| Interim (2008) |
20/08/2008 |
22/08/2008 |
01/10/2008 |
11.5p |
n/a |
| Final (2007) |
20/08/2008 |
22/08/2008 |
01/10/2008 |
11.5p |
n/a |
| Interim (2007) |
15/08/2007 |
17/08/2007 |
01/10/2007 |
11.5p |
n/a |
| Final (2006) |
07/03/2007 |
09/03/2007 |
27/04/2007 |
20.5p |
n/a |
| Interim (2006) |
16/08/2006 |
18/08/2006 |
02/10/2006 |
10.5p |
n/a |
| Final (2005) |
01/03/2006 |
03/03/2006 |
28/04/2006 |
17.4p |
n/a |
| Interim (2005) |
17/08/2005 |
19/08/2005 |
03/10/2005 |
9.2p |
n/a |