v3.26.3
Dividends
6 Months Ended
Sep. 30, 2026
Subclassifications of assets, liabilities and equities [abstract]  
Dividends
8. Dividends

Pence
per share
Cash
dividend
paid
£m
Scrip
dividend
£m
Ordinary dividends
Final dividend in respect of the year ended 31 March 2026
32.14 990 609 
Interim dividend in respect of the year ended 31 March 2026
16.35 729 80 
Final dividend in respect of the year ended 31 March 2025
30.88 894 617 
The Directors are proposing an interim dividend of 16.97 pence per share to be paid in respect of the year ending 31 March 2027. This would distribute approximately £853 million of shareholders’ equity.
A final dividend for the year ended 31 March 2026 of 32.14 pence per share was paid in July 2026. The cash dividend paid was £990 million with an additional £609 million settled via a scrip issue.