Press release

Final dividend 2015 Royal DSM

Heerlen, NL, 29 Apr 2016 18:01 CEST

The DSM Annual General Meeting of Shareholders passed a resolution on 29 April 2016 to declare a dividend for the financial year 2015 of €1.65 per ordinary share of €1.50 nominal value. An interim dividend of €0.55 per ordinary share having been paid in August 2015, the final dividend for the financial year 2015 will amount to €1.10 per ordinary share.  

This final dividend of €1.10 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. Stock dividend will be paid out from DSM’s own treasury shares supported by its share repurchase program, and subject to the conditions as stated in the Notes to the AGM agenda. The ex-dividend date on Euronext Amsterdam will be 3 May 2016 and the record date will be 4 May 2016.

Shareholders have from 5 May until 18 May 2016 (15:00 CET) to indicate if they wish to receive their dividend in the form of ordinary shares, otherwise it will be distributed in cash. The number of dividend rights of ordinary shares entitling the holder to one ordinary share will be determined on 19 May 2016 after the close of trading on Euronext Amsterdam.

This exchange ratio will be based on the volume weighted average price of all ordinary shares in DSM traded at Euronext Amsterdam on 12 May 2016 up to and including 18 May 2016. 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 2016 and to the dividends for subsequent financial years. Stock dividend rights will not be traded on Euronext Amsterdam. The dividend will be payable as from 24 May 2016.

The following timetable applies:

  • 3 May 2016: Ex-dividend quotation
  • 4 May 2016: Record Date
  • 5 May 2016 – 18 May 2016 (15:00 CET): Period in which shareholders can indicate their choice
  • 19 May 2016 (COB): Announcement of the exchange ratio
  • 24 May 2016: Delivery of shares or cash payment

For more information

Lieke de Jong-Tops

Senior Communications Manager
+31 45 578 2420

Dave Huizing

Vice President Investor Relations
+31 45 578 2864

Media Relations

+31 45 578 2420

Investor Relations

+31 45 578 2864