Total today confirmed its third quarter interim dividend would be EUR0.61 per share.
Shareholders have the option to receive the dividend in cash or shares.
A company statement read: “The share price for the new shares which will be issued as payment of the third quarter 2015 interim dividend is set by the Board of Directors at €36.24. This price is equal to the average opening price on the Euronext Paris for the twenty trading days preceding March 15, 2016, reduced by the amount of the interim dividend, with a 10% discount, rounded up to the nearest cent.”
Shareholders can exercise their options between March 21 and March 30.
“Any shareholder who does not exercise this option within the specified time period will receive the whole of the interim dividend due to them in cash. The date for the payment in cash is set for April 12, 2016,” the statement added.
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