For the period52 weeks to
1 April
2016
£m
53 weeks to
3 April
2015
£m
Equity – ordinary shares
Final for the 53 weeks to 3 April 2015 – paid 11.00p per share (2015: 9.10p)21.417.7
Interim for the 52 weeks to1 April 2016 – paid 5.66p per share (2015: 5.50p)11.010.7
32.428.4

In addition, the Directors are proposing a final dividend in respect of the financial period ended 1 April 2016 of 11.34p per share (2015: 11.00p per share), which will absorb an estimated £22.0m (2015: £21.4m) of shareholders' funds. It will be paid on 28 August 2016 to shareholders who are on the register of members on 7 August 2016.