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Tencate declares annual dividend of € 0.50 per share
18
Apr '14
During the Annual General Meeting of Shareholders of Royal Ten Cate, which was held on Thursday 17 April 2014, the dividend for the 2013 financial year was declared at € 0.50 (2012: € 0.50) per ordinary share of € 2.50 par value. 
 
The dividend is to be paid in cash, or at the shareholder's option in ordinary shares charged to the share premium reserve. The distribution in cash will be charged with 15% dividend tax. The value of the stock dividend will surpass the value of the cash dividend by 0 to 3%.
 
The ex-dividend date will be Wednesday 23 April 2014. The record date for the dividend has been fixed as Friday 25 April 2014, after trading hours. Shareholders are offered the opportunity to make known their choice relating to the optional dividend before 15:00 hours CET on Friday 9 May 2014. S
 
Shortly thereafter, the exchange ratio of the optional dividend will be announced. The dividend will be made available for payment as from Wednesday 14 May 2014.
 

TenCate

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