Core Viewpoint - Ferrovial SE has declared an interim scrip dividend totaling EUR 342 million, which can be paid in cash or shares at the shareholders' discretion, with the dividend per share to be announced on October 23, 2025 [1]. Dividend Details - The dividend will be payable in cash or shares, with the ex-dividend date set for October 24, 2025, in Europe and October 27, 2025, in the US [2]. - The ratio for shares entitled to one Ferrovial share will be determined based on the volume-weighted average price of shares traded on specific dates in November 2025 [3]. - Shareholders can elect between cash and shares from October 28, 2025, to November 11, 2025, with default elections leading to shares if no choice is made [3][4]. Tax Implications - Cash dividends are subject to a 15% Dutch dividend withholding tax, while shares issued will incur withholding tax only on their nominal value of EUR 0.01 per share, which Ferrovial will cover [5]. - Local tax withholding may apply based on the shareholder's tax residency [6]. Timeline - Key dates include: - October 23, 2025: Announcement of the dividend per share - October 24, 2025: European Ex-Dividend Date - October 27, 2025: US Ex-Dividend Date and Dividend Record Date - October 28, 2025 - November 11, 2025: Election period for dividend choice - November 20, 2025: Announcement of the Ratio - From December 3, 2025: Payment of cash dividends and delivery of shares [7][8]. Additional Information - Election facilities will be available through banks or brokers starting October 28, 2025, and shareholders are encouraged to check their default options [8]. - Settlement of cash fractions will be based on the average price of shares traded on specified dates in November 2025 [9].
Ferrovial announces a second 2025 interim scrip dividend