Dividend information

Dividend Policy

AkzoNobel's dividend policy is to pay a stable to rising dividend each year. Cash dividend is default, stock dividend is optional.

As announced at the Investor Update in April 2017, the dividend for financial year 2017 will be EUR 2.50 per share (further details will be posted on this website in due course).

In addition, a special cash dividend of EUR 4.00 per share will be paid in November 2017 (further details to follow).

Financial year Interim Ex div date Date paid Final Ex div date Date paid Total
2016 0.37 Oct 21, 2016 Nov 23, 2016 1.28 April 27, 2017 May 24, 2017 1.65
2015 0.35 Oct 26, 2015 Nov 26, 2015 1.20 April 22, 2016 May 19, 2016 1.55
2014 0.33 Oct 23, 2014 Nov 25, 2014 1.12 April 24, 2015 May 19, 2015 1.45
2013 0.33 Oct 23, 2013 Nov 26, 2013 1.12 May 2, 2014 May 28, 2014 1.45
2012 0.33 Oct 22, 2012 Nov 23, 2012 1.12 April 30, 2013 May 29, 2013 1.45
2011 0.33 Oct 24, 2011 Nov 24, 2011 1.12 April 25, 2012 May 24, 2012 1.45
2010 0.32 Oct 25, 2010 Nov 03, 2010 1.08 April 29, 2011 May 10, 2011 1.40
2009 0.30 Oct 28, 2009 Nov 06, 2009 1.05 April 30, 2010 May 11, 2010 1.35

Final dividend for the financial year 2016

The final dividend for the financial year 2016 is EUR 1.28 per ordinary share with a nominal value of EUR 2.00 each. The distribution will be payable either wholly in cash or in new ordinary shares out of the share premium reserve, at the option of the shareholder. A maximum of 40% of the total dividend amount will be available for stock dividend. Dividend in cash will be paid through deduction of 15% Dutch dividend withholding tax. If more than 40% of the total dividend is requested by the shareholders to be paid out in shares, those shareholders who have chosen to receive their dividend in shares will receive their stock dividend on a pro rata basis, the remainder being paid out in cash after deducting the above mentioned 15% Dutch dividend withholding tax.

Shareholders will be given the opportunity until May 17, 2017 (3:00 p.m. CET) to indicate their choice. On May 19, 2017 after the close of trading on Euronext Amsterdam, the number of share dividend entitlements of each ordinary share will be determined (the “Exchange Ratio”). This Exchange Ratio is based on the volume weighted average price of all traded ordinary shares in Akzo Nobel N.V. on Euronext Amsterdam during the period from May 11, 2017 up to and including May 17, 2017. After determination, the Exchange Ratio will be published on May 19, 2017.The value of the stock dividend will be approximately equal to the value of the cash dividend.

Announcement of exchange ratio

Akzo Nobel N.V. announces that shareholders wish to receive a distribution in stock for 42.78% of the total dividend. The shareholders who have opted for a distribution in stock will receive stock dividend on a pro-rata (0.935016363 = 40/42.78 part) basis, with the remainder being paid out in cash (less 15% dividend withholding tax).

The exchange ratio of the final dividend financial year 2016 in shares has been determined as well. This will amount to 1 new ordinary share for every 59.0293 existing ordinary shares. Based on the average weighted price of 11 May up to and including 17 May 2017 of EUR 75.5575, this ratio (1/59.0293) represents a value of EUR 1.28, which is virtually equal to the gross dividend in cash of EUR 1.28 per ordinary share. Both the cash dividend and stock dividend will be transferred to shareholders on 24 May 2017.

For approximately 1,695,363 new ordinary shares, a request to admit the new shares for admission to trading on Euronext Amsterdam will be made pursuant to article 5:4 sub e of the Financial Markets Supervision Act (Wet op het financieel toezicht).

The new ordinary shares are entitled to the interim and final dividend for financial year 2017 and dividend for the subsequent financial years.

Dividend rights will not be traded on Euronext Amsterdam.

Amsterdam, 19 May 2017

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