In line with the Company's capital return policy, the Board proposes to increase the annual base dividend to shareholders from $0.44/share in FY 2023 to $0.50/share. On April 30, 2024 at the general meeting of shareholders, the shareholders approved this proposal. The dividend will be paid in 2 equal installments on June 12, 2024 and on December 4, 2024.
Dividend payment schedule 2024
Q2 | Q4 | |
Announcement date | 7 May 2024 | 6 November 2024 |
Ex-Dividend | 16 May 2024 | 11 November 2024 |
Record Date | 17 May 2024 | 12 November 2024 |
Payment Date | 12 June 2024 | 4 December 2024 |
FX Exchange rate* | 8 May 2024 | 7 November 2024 |
* Exchange rate ECB on 8 May 2024: 1€ = 1.0743$. Gross dividend/share €0.23270967. Net dividend/share €0.19780322
In order to benefit from the exemption from Luxembourg withholding tax at source, an "Informative Memorandum" describing the procedure for obtaining an exemption from Luxembourg withholding tax at source is available here.
The confirmation letter to apply for the withholding tax exemption can be downloaded here.
In respect of the Euroclear Nederland shares, ABN AMRO Bank N.V. ("ABN AMRO") offers the Company's shareholders the opportunity to participate in a Dividend Reinvestment Plan (DRIP). By participating in this programme, shareholders will be able to reinvest their net dividend in shares of the Company. Further information on the DRIP will be made available by ABN AMRO to financial intermediaries.
The exchange ratio and reinvestment price can be downloaded here. The reinvestment price and exchange ratio will be determined based on the VWAP of the aforementioned 3 purchase days.