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Dividends
12 Months Ended
Dec. 31, 2017
Interim Financial Reporting [Abstract]  
Dividends
Dividends
The quarterly dividend paid on 29 March 2018 in respect of the fourth quarter 2017 was 10 cents per ordinary share ($0.60 per American Depositary Share (ADS)). The corresponding amount in sterling was announced on 19 March 2018. A scrip dividend alternative is available, allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs.
 
 
Pence per share
 
Cents per share
 
 
 
$ million

 
 
2017

2016

2015

2017

2016

2015

2017

2016

2015

Dividends announced and paid in cash
 
 
 
 
 
 
 
 
 
 
Preference shares
 
 
 
 
 
 
 
1

1

2

Ordinary shares
 
 
 
 
 
 
 
 
 
 
March
 
8.1587

7.0125

6.6699

10.00

10.00

10.00

1,303

1,099

1,708

June
 
7.7563

6.9167

6.5295

10.00

10.00

10.00

1,546

1,168

1,691

September
 
7.6213

7.5578

6.5488

10.00

10.00

10.00

1,676

1,161

1,717

December
 
7.4435

7.9313

6.6342

10.00

10.00

10.00

1,627

1,182

1,541

 
 
30.9798

29.4183

26.3824

40.00

40.00

40.00

6,153

4,611

6,659

Dividend announced, paid in March 2018
 
 
 
 
10.00

 
 
1,828

 
 

The details of the scrip dividends issued are shown in the table below.
 
 
2017

2016

2015

Number of shares issued (thousand)
 
289,789

548,005

102,810

Value of shares issued ($ million)
 
1,714

2,858

642


The financial statements for the year ended 31 December 2017 do not reflect the dividend announced on 6 February 2018 and paid in March 2018; this will be treated as an appropriation of profit in the year ending 31 December 2018.