Press release

Final dividend 2011 Royal DSM

Heerlen, NL, 11 May 2012 19:14 CEST

The DSM Annual General Meeting of Shareholders on 11 May 2012 passed a resolution to declare a dividend for 2011 of €1.45 per ordinary share of €1.50 par value. An interim dividend of €0.45 per ordinary share having been paid on 26 August 2011, the final dividend for 2011 will amount to €1.00 per ordinary share. With the passing of the resolution by the AGM, and in line with DSM's policy to provide a stable and preferably rising dividend, 2011 marks the second consecutive year DSM's dividend has been increased.

This final dividend of €1.00 will be paid out in cash or in the form of ordinary shares at the option of the shareholder. Dividend in cash will be paid after deduction of 15% Dutch dividend withholding tax. The ex-dividend date on NYSE Euronext will be 15 May 2012 and the record date will be 17 May 2012.

Shareholders have from 18 May until 1 June 2012 (15:00 CET) to indicate their choice. On 4 June 2012 after the close of trading on NYSE Euronext the number of dividend rights of ordinary shares entitling the holder to one ordinary share will be determined.

This exchange ratio will be based on the volume weighted average price of all ordinary shares in DSM traded at NYSE Euronext on 28 May 2012 up to and including 1 June 2012. The value of the stock dividend will be virtually equal to the value of the cash dividend. The ordinary shares that constitute the stock dividend are entitled to any dividend for the financial year 2012 and to the dividends for subsequent financial years. Stock dividend rights will not be traded on NYSE Euronext.

The following timetable applies:

  • 15 May 2012: Ex-dividend quotation
  • 17 May 2012: Record Date
  • 18 May 2012 – 1 June 2012 (15:00 CET): Period in which shareholders can indicate their choice
  • 04 June 2012 (COB): Announcement of the exchange ratio
  • 06 June 2012: Delivery of shares or cash payment

For more information

Lieke de Jong-Tops

Senior Communications Manager
+31 45 578 2420
media.contacts@dsm.com

Dave Huizing

Vice President Investor Relations
+31 45 578 2864
investor.relations@dsm.com

Media Relations

+31 45 578 2420

Investor Relations

+31 45 578 2864

This site uses cookies to store information on your computer.

Learn more