alexnr75 schreef op 18 april 2018 20:08:
Beste allemaal,
ik heb een vraag over het dividend. Als je hieronder het stuk leest uit de uitnodiging voor de AGM in mei, dan lijkt het net dat de ex-dividend voor beide delen al is geweest. Hieronder worden de datums van 27 en 28 maart genoemd. Ook wordt in de uitleg over de betaling verteld hoe de €10,80 wordt uitbetaald. Het lijkt ivm de fusie anders te gaan dan andere jaren. Tekst fouten lijkt mij sterk.
IX. DIVIDEND
For the fiscal year 2017, the Group will propose a cash dividend of €10.80 per share for approval by its Annual General Meeting (AGM).
The dividend payment schedule will be as follows:
? aninterimdividendof€5.40pershareonMarch29,2018 (ex-dividend date March 27, 2018); and
? afinaldividendof€5.40pershare,subjecttoapprovalof the AGM on May 30, 2018 (ex-dividend date March 28, 2018).
The total amount of dividends paid with respect to 2017 would be €1,078.5 Mn for the 99,856,676 shares issued as at December 31, 2017. This represents a 90% pay-out ratio of the net recurring result, in line with the Group’s 85%-95% dividend pay-out policy.
The statutory 2017 result of Unibail-Rodamco SE (parent company) was a profit of €1,191.8 Mn. The 2017 result of Unibail-Rodamco SE’s SIIC sector amounted to €511.5 Mn. The dividend distribution obligation will be €414.7 Mn. After payment of the proposed dividend, the SIIC distribution requirement will have been met for 2018.
Assuming approval by the Annual General Meeting:
(i) €4.15 of the dividend will have been paid from Unibail- Rodamco’s tax exempt real estate activities (the “SIIC dividend”). This dividend corresponds to the distribution obligation under the SIIC regime.
(ii) The remaining €6.65 will have been paid from Unibail- Rodamco’s non-tax exempt activities (the “non-SIIC dividend”).