bpost announces the payment of an interim dividend of 1.06 euro gross per share
Monday 5 December 2016
The net result after tax of bpost N.V./S.A. for the 10 month period ended on 31 October 2016 amounted to EUR 248.2m. bpost will pay an interim dividend of EUR 212.0m or EUR 1.06 gross per share on 12 December 2016.
The dividend policy of bpost is to pay minimum 85% of the net profit 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 9 November 2016 the Board of Directors confirmed its intention to achieve at least the same level of dividend payment as last year. Consequently, the Board of Directors today approved the payment of an interim dividend of EUR 212.0m or EUR 1.06 gross per share based on the net profit after tax of bpost N.V./S.A. for the 10-months period January to October 2016.
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 2016
• Record date : 9 December 2016
• Payment date : 12 December 2016
On 5 December 2016 the Board of Directors also confirmed its intention to approve the payment of a final dividend corresponding to 85% of the net profit of bpost N.V./S.A. achieved over the last two months of 2016. The Board of Directors further confirmed that the total dividend relative to the financial year 2016 will be at least at the same level as 2015. The results of the year 2016 will be communicated on 8 March 2017 after trading hours. The decision on the amount of the final dividend will be submitted for approval to the Shareholders' meeting on 10 May 2017.
The calendar applicable to the final dividend payment is as follows:
• Ex-dividend date : 15 May 2017
• Record date : 16 May 2017
• Payment date : 17 May 2017
Koen Van Gerven, CEO declared: "bpost's higher results over the first ten months of 2016 compared to the 2015 normalized figure indicate once again that our focused strategy continues to deliver. Our shareholders will therefore be rewarded with a higher interim dividend payment. This is the result of the hard work of our employees over this year for which I would like to thank them."
For more information:
Saskia Dheedene T. +32 2 276 76 43
corporate.bpost.be/investors