12. Dividends

Dividends declared and paid during the year:

Final dividend for 2012 of 12.1p per share (2012: final dividend for 2011 of 12.1p per share)3,4833,475
Interim dividend paid of 7.0p per share (2012: 7.0p per share)2,0171,997


In addition, the directors are proposing a final dividend in respect of the year ended 30 April 2013 of 12.71p per share, which will absorb an estimated £3,647,000 of shareholders' equity. It will be paid on 25 October 2013 to shareholders who are on the register on 20 September 2013.