Dividend evolution

Coupon GROSS DIVIDEND NET DIVIDEND PAYMENT DETAILS
1 0.00 (*)  0.00 27/04/1999 Capital increase 
2 1.96 1.66 14/06/1999 Dividend exercise 1998/1999
3 2.03 1.75 14/06/2000 Dividend exercise 1999/2000
4 2.12 1.80 14/06/1999 Dividend exercise 2000/2001
5 2.15 1.83 14/06/2000 Dividend exercise 2001/2002
6 0.00 (*) 0.00 14/06/1999 Capital increase 
7 2.23 1.90 14/06/2000 Dividend exercise 2002/2003
8 1.00 0.85 07/01/2004 Interimdividend 
9 0.97 0.82 02/07/2004 Dividend exercise 2003/2004
10 2.24 1.90 05/07/2005 Dividend exercise 2004/2005
11 2.30 1.95 04/07/2006 Dividend exercise 2005/2006
12 2.38 2.02 03/07/2007 Dividend exercise 2006/2007
13 2.46 2.09 01/07/2008 Dividend exercise 2007/2008
14 2.54 2.16 07/07/2009 Dividend exercise 2008/2009
15 2.62 2.23 06/07/2010 Dividend exercise 2009/2010
16 2.70 2.295 05/07/2011 Dividend exercise 2010/2011
17 2.80 (**) 2.212 27/07/2012 Dividend exercise 2011/2012
18 0.00 (*) 0.00   Capital increase
19 2.90 2.175 12/07/2013 Dividend exercise 2012/2013
20 3.00 2.25 11/07/2014 Dividend exercise 2013/2014
21 3.10 2.325 10/07/2015 Dividend exercise 2014/2015
22 0.00 (*) 0.00   Capital increase
23 3.20 2.336 08/07/2016 Dividend exercise 2015/2016
24 3.30 2.310 01/08/2017 Dividend exercise 2016/2017

(*) Coupon reserved for the exercise of the right following the capital increase. Unexercised rights were traded on Euronext scripts (auction).
(**) Stock optional dividend.

 

Dividend distribution policy

A GVV/SIR (Belgian REIT) is obliged to maintain minimum 80% of current earnings to pay out a dividend.
The dividends for payment made by a Belgian company are subject to a withholding tax of 30% which is deducted at source.
The dividend payment is done by presenting the coupon at the counters of KBC Bank.