16. Dividends
| 2017 | 2016 | 2015 | ||||||||||||||||||||||||||||||||||
| Dividend | Total | Dividend | Total | Dividend | Total | |||||||||||||||||||||||||||||||
| per share | dividend | per share | dividend | per share | dividend | |||||||||||||||||||||||||||||||
| Paid/payable | (pence) | £m | Paid | (pence) | £m | Paid | (pence) | £m | ||||||||||||||||||||||||||||
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First interim |
13 July 2017 | 19 | 928 | 14 July 2016 | 19 | 923 | 9 July 2015 | 19 | 920 | |||||||||||||||||||||||||||
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Second interim |
12 October 2017 | 19 | 929 | 13 October 2016 | 19 | 925 | 1 October 2015 | 19 | 919 | |||||||||||||||||||||||||||
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Third interim |
11 January 2018 | 19 | 929 | 12 January 2017 | 19 | 925 | 14 January 2016 | 19 | 919 | |||||||||||||||||||||||||||
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Fourth interim |
12 April 2018 | 23 | 1,125 | 13 April 2017 | 23 | 1,124 | 14 April 2016 | 23 | 1,114 | |||||||||||||||||||||||||||
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Total |
80 | 3,911 | 80 | 3,897 | 80 | 3,872 | ||||||||||||||||||||||||||||||
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Special dividend |
14 April 2016 | 20 | 969 | |||||||||||||||||||||||||||||||||
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Under IFRS interim dividends are only recognised in the financial statements when paid and not when declared. GSK normally pays a dividend two quarters after the quarter to which it relates and one quarter after it is declared. The 2017 financial statements recognise those dividends paid in 2017, namely the third and fourth interim dividends for 2016, and the first and second interim dividends for 2017.
The amounts recognised in each year were as follows:
| 2017 | 2016 | 2015 | ||||||||||
| £m | £m | £m | ||||||||||
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Dividends to shareholders |
3,906 | 4,850 | 3,874 | |||||||||