Business Context and Reporting Period
This Form 6-K filing by InterContinental Hotels Group PLC (IHG) is dated April 28, 2025. The report serves to disclose the final dividend amount in Pence Sterling for the fiscal year 2024, which was previously announced in US cents on February 18, 2025.
Key Financial Metrics
The filing focuses exclusively on dividend distribution details and does not provide comprehensive financial statements such as revenue, profit, cash flow, margins, debt, or liquidity metrics.
- Final Dividend (2024): 114.4 US cents per share (announced Feb 2025).
- Final Dividend (Pence Sterling): 86.0 pence per ordinary share.
- Exchange Rate Used: £1:US$1.3299 (average of three working days commencing April 23, 2025).
- Record Date: April 4, 2025.
- Payment Date: May 15, 2025 (subject to shareholder approval).
Material Changes
The filing does not contain comparative financial data or material changes in operational metrics versus prior periods. The primary update is the conversion of the previously announced US cent dividend into its Pence Sterling equivalent based on current exchange rates.
Guidance, Outlook, and Risks
Management Commentary: The Board has determined the Pence Sterling amount based on the WMR closing mid-point spot rate published in the Financial Times. Payment is contingent upon shareholder approval at the Annual General Meeting scheduled for May 8, 2025.
Risks and Contingencies: The dividend payment is subject to shareholder approval. No other specific risks or unusual items are detailed in this specific filing.
Investor Verification Checklist
- Verify shareholder approval of the final dividend at the Annual General Meeting on May 8, 2025.
- Confirm the payment date of May 15, 2025, for shareholders on the register as of April 4, 2025.
- Review the full 2024 Annual Report (Form 20-F) for comprehensive revenue, profit, and cash flow data not included in this 6-K.
- Monitor exchange rate fluctuations if holding ADRs versus Ordinary Shares, as the payout is fixed in Pence Sterling.