Dividend payments
* 2011 |
2010 |
2009 |
|
| Payout per share (gross dividend) |
- |
0.90 |
0.90 |
| less 35% withholding tax | - |
0.32 |
0.32 |
| Net dividend | - |
0.59 |
0.59 |
| Ex date | - |
07.04.2011 |
29.04.2010 |
| Payout date | - |
12.04.2011 |
04.05.2010 |
* If a dividend payment were to be made between the point of the signing (in November 2011) and the closing of the takeover transaction (expected this summer) this would be neutralised again after the closing with the submission of the public takeover offer, in other words it would be deducted from the bid price. To avoid this, the Board has decided to submit a proposal for an exceptional payment to be made to shareholders from the retained earnings. This proposal will be made at an extraordinary general meeting (EGM) to be held once the sale of Rabobank's shareholding to Safra has been completed and Safra has made its mandatory tender offer to public shareholders. This procedure is also compatible with our goal of following an attractive dividend policy as specified in our Mission Statement.
