Notes to the financial statements
7. Dividends
| Group and Company | 2008 £m |
2007 £m |
|---|---|---|
| Interim dividend of 2.30 pence per share (2007: 1.90 pence per share) | 5.9 | 4.9 |
| Final 2007 dividend of 2.85 pence per share | 7.3 | – |
| 13.2 | 4.9 |
The directors are recommending a final dividend in respect of the financial year ended 31 December 2008 of 3.40 pence per share which will amount to a full year dividend payment of £8.6m. If approved by the shareholders at the annual general meeting, this dividend will be paid on 22 May 2009 to shareholders who are on the register of members at 17 April 2009. This dividend is not reflected as a liability in the balance sheet as at 31 December 2008 as it is subject to shareholder approval.