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    Dividend info

    Dividend policy

     

    Dividend 2018

    A proposal will be submitted to the 2019 Annual General Meeting of Shareholders (AGM) to pay EUR 1.30 per ordinary share, in cash, from the 2018 net income. This represents an increase of 4% compared with last year and a pay-out ratio of 46% of continuing net income. The dividend payment is subject to approval by the 2019 AGM, to be held on May 14, 2019. Further details about the AGM can be found here. Dividend in cash is, in principle, subject to 15% Dutch dividend withholding tax, which will be deducted from the dividend in cash paid to shareholders.

     

    Dividend policy

    Signify targets a dividend pay-out ratio of 40% to 50% of continuing net income to be paid out annually in cash. Continuing net income is defined as net income excluding discontinued operations and excluding material non-recurring items such as restructuring and acquisition-related charges after tax.
     

    The payment of dividends, if any, and the amounts and timing thereof depend on several factors, including future sales, profits, financial conditions, general economic and business conditions and prospects. Other factors that the Board of Management may deem relevant as well as other legal and regulatory requirements, may also impact payment of dividends, amounts and timing. These may be beyond the control of the company. The Board of Management may revisit Signify’s dividend policy from time to time.

     

    Dividend 2017

    At the 2018 Annual General Meeting of Shareholders (AGM) on May 15, 2018, shareholders voted in favor of the proposal to distribute a cash dividend of EUR 1.25 per share, against the net income for 2017 and free distributable reserves. This represented an increase of 14% compared with last year, and a pay-out ratio of 45%. Total dividend paid in 2018 was EUR 171 million.

    Calendar & Events

     

    April 1, 2019

    Start of the closed period

    April 26, 2019
    First quarter results 2019

    Contact us
     

     

    Contact Investor relations

    +31 20 60 91 000

    IR@signify.com

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