In line with the Company's capital return policy, the Board proposes to increase the annual base dividend to shareholders to $0.44/share (from $0.38/share paid in 2022). The dividend will be paid in two equal instalments in June and December 2023.

Dividend payment schedule

Q2 Q4
Announcement date 9 May 2023 8 November 2023
Ex-Dividend  22 May 2023 13 November 2023
Record Date  23 May 2023 14 November 2023
Payment Date 15 June 2023 7 December 2023
FX Exchange rate*  10 May 2023 9 November 2023 

* Exchange rate ECB: 1€ = 1.095$. Gross dividend/share €0.20091324. Net dividend/share €0.17077626

In order to benefit from exemption of Luxembourg dividend withholding tax at source, an “Informative Memorandum” describing the procedure to obtain an exemption at source of the Luxembourg dividend withholding tax is available here

The Confirmation Letter to apply for withholding tax exemption can be downloaded here.

With respect to the Euroclear Nederland shares, ABN AMRO Bank N.V. (“ABN AMRO”) offers the Company’s shareholders the option to participate in a Dividend Reinvestment Plan (DRIP). By participating in this program, shareholders can reinvest their net dividend into shares of the Company. Further information regarding the DRIP will be made available by ABN AMRO to financial intermediaries.