Entire industries look to be going extinct. Tesco PLC said it will pay out £5bn to shareholders in a special dividend after agreeing to sell its Thailand and Malaysia grocery chains. It also plans to pay out 50% of this year's earnings in dividends, with the interim dividend amounting to 35% of the prior year’s full dividend, amounting to roughly 3.2p per share. RISK WARNINGS AND DISCLAIMERS The company will pay existing shareholders 50p per share thanks to money gained from the sale assets in Thailand and Malaysia. Tesco raised its interim dividend this year by an impressive 20%. The frequency of dividend payments are determined by the Company's dividend policy and the amount paid per share is based on the number of shares held by shareholders at the Record Date. Dividend Summary The next Tesco plc dividend is expected to go ex in 2 months and to be paid in 3 months. Following the share consolidation, the standard distribution should remain the same. How will I receive the dividend? Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW. The Company is a publisher. Broker Shore Capital said it was “important and very good news for Tesco's shareholders”, even though the Asian business is “a jewel in the group’s crown and a source of ongoing organic operating growth”. Panthera Resources has huge upside across multiple gold projects... Alternus Energy shows turn to positive EBITDA and strong revenue... President Biden looks likely to be less friendly to mining than... Tesla’s move in New Caledonia highlights just how strategic big... Conroy Gold finds the perfect partner for Clontibret in Turkey’s... Caerus Mineral Resources owns 14 of Cyprus’s 27 historic copper... Tesco PLC - TESCO COMPLETES SALE OF TESCO POLSKA, Tesco PLC - Share Consolidation & total voting rights. About Us  |  Contact Us  |  Fool Careers | The Fool UK Team  |  Legal Information  |  Disclaimer & Disclosure  |  Privacy & Cookie Statement  | GDPR | Terms & Conditions  |  Site Map. I’ve long been bullish on the outlook for Tesco shares, because the company is one of the largest and most efficient retailers in the country. Rupert Hargreaves | Saturday, 23rd January, 2021 | More on: TSCO. Each of these emails will provide a link to unsubscribe from future emails. By whatever method you receive ordinary dividends. You will need to do this by February 12. This little-known State Pension rule change could halve your retirement income overnight, 4 things within your control that can make or break your retirement dreams, Free Report: 5 Stocks For Trying To Build Wealth After 50, 4 cheap UK shares I’d buy before the ISA deadline. It committed to returning £5bn to shareholders, part of the proceeds from the sale of its Thai and Malaysian businesses. You will need to do this by February 12. However, the transaction will not go ahead until the end of February. The half-year dividend Tesco is paying out is 20 per cent bigger than in 2019, despite the supermarket relying on millions of pounds of public funds. I reckon these numbers are all highly encouraging. How will I receive the dividend? There are typically 2 dividends per year (excluding specials), and the dividend cover is … Because we're offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our 'no quibbles' 30-day subscription fee refund guarantee. Additionally, a 50.93 pence special dividend will be paid for each existing share held at 18:00 (GMT) on Friday, February 12 th 2021. The Financial Ombudsman Service and Financial Services Compensation Scheme may consider certain investment related claims. At the beginning of February, investors will vote on a Tesco (LSE: TSCO) special dividend. Calculate the value of your latest dividend. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes, different accounting and reporting standards, may have other tax implications, and may not provide the same, or any, regulatory protection. All rights reserved. As per a recent announcement, Tesco PLC will consolidate its existing ordinary shares and pay a special dividend to its shareholders. Tesco, which last week sparked a wave of activity among UK retailers after unilaterally announcing it was returning £585m of business rates relief, has this morning confirmed the $10.6bn sale of its businesses in Asia. We do not provide personal advice neither will we arrange any product on your behalf. The distribution follows the sale of its operations in Thailand and Malaysia last year.” Via Financial Times. View Tesco plcOrdinary 5p dividend dates and history including final, interim and special dividends. Here’s your chance to discover exactly what has got our Motley Fool UK analyst team all revved up about this ‘pure-play’ online business (yes, despite the COVID pandemic!).