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. The first installment was paid on June 12, 2024 and the second installment will be paid 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 7 November 2024: 1€ = 1.0785$. Gross dividend/share €0.23180343. Net dividend/share €0.19703292

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.