Latest trade price at 04:30 PM 109.9p INVESTORS MEDIA CAREERS WORLDWIDE Search label WHO WE ARE SERVICES MARKETS HOME INVESTORS SHAREHOLDER HUB SHAREHOLDER INFORMATION DIVIDEND POLICY Dividend policy Latest dividend On 6 April 2020, the Company announced that the Board had chosen to withdraw its recommendation of a final dividend of 25.3 US cents (US$85 million) as announced on 25 February 2020. The Board recognises the importance of dividends to shareholders and will review the resumption and payment of dividends when the full impact of COVID-19 and low oil prices is known. The full announcement is available to view here. Dividend policy The Group's dividend policy targets a dividend cover over the long term of between 2.0x and 3.0x business performance net profit. The Board takes a long-term view of its dividend and recognises the importance of dividends to shareholders. It will take into account a range of factors when setting any future dividend, including the Company's long-term dividend policy, historical performance, its long-term outlook, free cash flow and the position of its balance sheet. Dividend process Dividends are paid in UK Sterling unless a shareholder elects to receive them in US Dollars, in which case a currency election form must be completed and returned to Equiniti (available here). If you wish to receive your dividends in UK Sterling, there is no need to complete a Currency Election Form. We encourage all dividends to be paid directly into your bank or building society account by the completion of a dividend payment instruction form to Equiniti. INVESTORS Shareholder tools and information Our suite of tools gives you real-time access to our share performance, while our shareholder information page explains the essentials of share dealing in detail. SHAREHOLDER TOOLS SHAREHOLDER INFORMATION Quick links Investors Media Careers Who we are Services Markets Accessibility and legal Accessibility Legal notice Privacy and cookies Work with us Vendors and suppliers Find a contact Find an office Find a service Connect with Petrofac LinkedIn YouTube Instagram Twitter ©Petrofac Limited 2021 Registered Office: 44 Esplanade, St Helier, Jersey, JE4 9WG Home Sitemap UK Modern Slavery Act Our use of cookies We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences. For more detailed information about the cookies we use, see our Cookies page ACCEPT RECOMMENDED SETTINGS Necessary Cookies Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions. Analytics cookies We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our Cookies page. Analytics cookies On Off About this tool (Opens in a new window) External Link Icon Cookie Control