Measuring our delivery
We monitor our overall success in delivering value to shareholders through three key performance indicators:
- Total shareholder return
- Return on equity
- Dividend per share
Continuous growth in dividend per share
We measure dividend per share on a declared basis in contrast to IFRS which measures dividend per share on a paid or approved basis.
Cumulative dividends have continued to grow, with a total of 15.0 pence per share declared for 2007.
For 2006 and 2007 we have returned surplus capital to shareholders through a special dividend of £42.7 million (8.0 pence per share) and a further £120.4 million B share issue (equivalent to 22.4 pence per share). The latter is not shown in the above chart.