The dividend policy of bpost is to pay minimum 85% of the net profits after tax of bpost N.V./S.A. in two instalments, an interim dividend paid in December based on the results of the first 10 months of the year and a final payment after the Annual General Meeting of Shareholders based on the results of the last two months of the year.
On 5 November 2015 the Board of Directors confirmed its intention to achieve at least the same level of dividend payment of last year. Consequently, the Board of Directors approved today the payment of an interim dividend amounting to 85% of the sum of (i) the net profit after tax of bpost N.V./S.A. for the 10 months period ended on 31 October 2015 plus (ii) an amount of EUR 36.1m corresponding to the after-tax provision for the Alpha social plan. Based on the net profits after tax of bpost N.V./S.A. and on the result of the computation set out above, the Board of Directors today approved the payment of an interim dividend of EUR 210.0m or EUR 1.05 gross per share.
The paying agent appointed by bpost to process the interim dividend payment is Euroclear Belgium.
The calendar applicable to the interim dividend payment is as follows:
• Ex-dividend date : 8 December 2015
• Record date : 9 December 2015
• Payment date : 10 December 2015
On 3 December 2015 the Board of Directors also confirmed its intention to maintain the total dividend relative to the financial year 2015 at least at the same level like 2014. The decision on the amount of the final dividend will be submitted for approval to the Shareholders' meeting on 11 May 2016.
The calendar applicable to the final dividend payment is as follows:
• Ex-dividend date : 17 May 2016
• Record date : 18 May 2016
• Payment date : 19 May 2016
Koen Van Gerven, CEO declared: "Based on our strong performance over the first ten months of this year, I am very glad that we can announce for the second consecutive year an increase in interim dividend payment. I would like to thank all our collaborators for their efforts over the past year and I am sure that the improved dividend payment will even further strengthen investor confidence in our company."
For more information:
Saskia Dheedene T. +32 2 276 7643