British American Tobacco - Dividend payments by direct credit 2018

Quick Navigation

Jump to content Logo
BAT 2848.50p

Dividend payments by direct credit 2018

IMPORTANT: changes from 2018 will affect the way that you receive your dividends


From 2018, we are simplifying the way we pay our dividends to shareholders by only paying cash dividends directly into a shareholder’s nominated bank account. This is known as mandatory direct credit. We will no longer be issuing dividend cheques.

Shareholders recorded on the main register as receiving dividend payments by cheque have been or will be advised by Computershare. Those shareholders will need to take the required action by selecting the appropriate option as set out in the Computershare notification.

Shareholders on the UK main register who already have their dividends paid: (1) by direct credit into their UK bank or building society account; or (2) through the Euroclear service using the CREST messaging system; or (3) through Computershare’s Global Payment Service (GPS) are not affected by this change.

Similarly, shareholders who participate in the British American Tobacco Dividend Reinvestment Plan (DRIP) are not required to take any action unless they choose to withdraw from the DRIP.

For the South Africa branch register, Computershare South Africa will notify affected shareholders of the equivalent applicable arrangements for the payment of dividends, as appropriate.

For additional information about dividend payments by direct credit, please read the responses to the Frequently Asked Questions.

Dividend Payments by Direct Credit – Frequently Asked Questions (33 kb) 

You may also contact Computershare on +44 (0) 370 889 3159 or 0800 408 0094 (UK only) if you would like some further information and assistance.