It is Vastned Retail Belgium's dividend policy to annually pay out 100% of the EPRA earnings.
|Number of shares entitled to dividend||5.078.525||5.078.525||5.078.525||5.078.525||5.078.525||5.078.525|
|Gross dividend (in €)||2,85||2,62||2,45||2,51||2,72||2,65|
|Net dividend (in €)||1,9945||1,834||1,7178||1,8323||2,04||1,9875|
The withholding tax on dividends of public regulated real estate companies was increased from 27% to 30% (subject to certain exemptions) with effect from 1 January 2017, pursuant to the Program law of 25 December 2016, published in the Belgian Official Gazette of 29 December 2016.
For 2018, the gross dividend amounts to € 2,85, subject to approval by the general shareholders' meeting of 24 April 2019. This represents a net dividend of € 1,9945 after deduction of 30% withholding tax on dividends.
Dates payment dividend 2018:
- Ex-date dividend 2018 - Tuesday 7 May 2019
- Record date dividend 2018 - Wednesday 8 May 2019
- Dividend payment 2018 - as from Thursday 9 May 2019
The dividend will be payable upon presentation of the certificate 19 at the counter of Bank Degroof-Petercam.
Memo relating to the possibility for Foreign pension funds to reclaim withholding tax on dividends distributed by the SIRs following annulment decision of the Belgian Constitutional Court.