paul66 schreef op 3 augustus 2015 12:31:
Postnl wil 75% van zijn winst uitkeren als dividend, zie bijlage van JV 2014,
Dividend policy
PostNL's focus is on bringing the company back into a situation
where it can resume paying a cash dividend as soon as possible.
It is PostNL’s intention to pay out a dividend per share which
develops substantially in line with the development of our
operational performance. PostNL will aim for a dividend payout
of around 75% of underlying net cash income. PostNL
anticipates paying interim and final dividends annually in an
optional dividend, which means shareholders can decide
whether they want to receive cash or shares. The interim
dividend will be set at 75% of the underlying net cash income
over the first half of the year. Underlying net cash income is
defined as ‘profit attributable to equity holders of the parent’
adjusted for significant one-off and special items, cash out from
provisions and additional cash pension contributions. This
normalisation adjustment is based on the underlying cash
operating income, separately reported as one of the key
performance indicators of the company.
The conditions for paying out a dividend are positive
consolidated equity and certainty of a BBB+/Baa1 credit rating.
PostNL considers the ordinary shares it holds in TNT Express as
a purely financial stake. Until a dividend is restored, PostNL will
not return to shareholders any dividends or net dividends
received on its TNT Express shares.