Dividends

Dividend Policy

For Sicafi, the results before depreciation as well as the amounts corresponding to the net reduction in debt are exempt from corporate income tax, subject to compulsory distribution of at least 80%. This explains the high level of dividend yield. Withholding tax on dividends paid is 15% for physical persons.

Dividend 2011* 2010 2009 2008 2007
Ordinary shares
Gross (in €) 6.50 6.50 6.50 7.80 7.75
Net (in €) 5.525 5.525 5.525 6.63 6.5875
Number of shares 15,220,653
13,614,790 12,682,696 11,846,772 9,872,029
Preference shares
Gross (in €) 6.37 6.37 6.37 6.37 6.37
Net (in €) 5.41 5.41 5.41 5.41 5.41
Number of shares 1,067,809 1,249,005 1,499,766 1,499,766 1,499,766

 

* Forecast.

Dividends

The payment of dividends shall be made annually at the times and places fixed by the Board of Directors and approved by the General Shareholders' Meeting. Payments usually take place a few days after the Ordinary General Meeting of Shareholders.

Optional dividend 2010

The Board of Directors has decided to offer to the ordinary as well as to the preference shareholders the choice between receiving the dividend for the year 2010 in new ordinary shares or in cash, or to opt for a combination of these 2 payment modalities.

Terms and conditions:

More information?

Cofinimmo: +32 (0) 2/777 08 81
Bank Degroof (registered shareholders): +32 (0) 2/287 95 69

Paying Agent Services

Coupons No20 (ordinary share COFB), No8 (preference share COFP2) and No9 (preference share COFP1) were paid on 27.05.2011 at the agencies of Bank Degroof (principal paying agent - registered shareholders) or any other financial institution (see the Financial Calendar).
Shareholders are advised to inform themselves about the amounts that the financial intermediaries may charge in connection with paying agency services.

 

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