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 full dividend for financial year 2017 will be EUR 2.50 per share, paid as an interim and final dividend. For details of the interim dividend, please see text below. Details of the final dividend will follow later in the year.

In addition, the Board of Management of Akzo Nobel N.V. announces a special cash dividend of EUR 4.00 per ordinary share with a nominal value of EUR 2.00 each. For further details, please see text below.

Interim dividend for the financial year 2017

The interim dividend for the financial year 2017 is EUR 0.56 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 November 15, 2017 (3:00 p.m. CET) to indicate their choice. On November 16, 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 November 9, 2017 up to and including November 15, 2017. After determination, the Exchange Ratio will be published on November 16, 2017. The value of the stock dividend will be approximately equal to the value of the cash dividend.

Amsterdam, October 18, 2017

Announcement of exchange ratio

Akzo Nobel N.V. announces that shareholders wish to receive a distribution in stock for 42.17% of the total dividend. The shareholders who have opted for a distribution in stock will receive stock dividend on a pro-rata (0.948541617 = 40/42.17 part) basis, with the remainder being paid out in cash (less 15% dividend withholding tax).

The exchange ratio of the interim dividend financial year 2017 in shares has been determined as well. This will amount to 1 new ordinary share for every 139.3777 existing ordinary shares. Based on the average weighted price of 9 November up to and including 15 November 2017 of EUR 78.0515, this ratio (1/139.3777) represents a value of EUR 0.56, which is virtually equal to the gross dividend in cash of EUR 0.56 per ordinary share. Both the cash dividend and stock dividend will be transferred to shareholders on 22 November 2017.

For approximately 722,805 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).

Amsterdam, 16 November 2017

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Special cash dividend as advance proceeds from Specialty Chemicals separation

The Board of Management of Akzo Nobel N.V. announces a special cash dividend of EUR 4.00 per ordinary share with a nominal value of EUR 2.00 each.

As previously announced, AkzoNobel intends to return to shareholders the vast majority of the net proceeds from the separation of Specialty Chemicals (through a private sale or a legal demerger). A €1 billion special cash dividend as advance proceeds will be paid, following shareholder approval for the separation at the General Meeting to be held on November 30, 2017.

The distribution will be payable wholly in cash and will be paid through deduction of 15% Dutch dividend withholding tax.

The following timetable applies:

4 December 2017:    Ex-dividend date of special cash dividend
5 December 2017:    Record date of special cash dividend
7 December 2017:    Payment of special cash dividend

Paying agent: ABN AMRO Bank: tel.+31 20 344 2000

Amsterdam, 18 October, 2017
Akzo Nobel N.V.

Financial yearInterimEx div dateDate paidFinalEx div dateDate paidTotal
20170.56Oct 20, 2017Nov 22, 2017TBDTBDTBDTBD
20160.37Oct 21, 2016Nov 23, 20161.28April 27, 2017May 24, 20171.65
20150.35Oct 26, 2015Nov 26, 20151.20April 22, 2016May 19, 20161.55
20140.33Oct 23, 2014Nov 25, 20141.12April 24, 2015May 19, 20151.45
20130.33Oct 23, 2013Nov 26, 20131.12May 2, 2014May 28, 20141.45
20120.33Oct 22, 2012Nov 23, 20121.12April 30, 2013May 29, 20131.45
20110.33Oct 24, 2011Nov 24, 20111.12April 25, 2012May 24, 20121.45
20100.32Oct 25, 2010Nov 03, 20101.08April 29, 2011May 10, 20111.40
20090.30Oct 28, 2009Nov 06, 20091.05April 30, 2010May 11, 20101.35