The Board of Directors of Solvac S.A. has decided to pay a second interim dividend. Still subject to approval by the General Meeting of Shareholders on May 9, 2017, this interim dividend will represent the balance of the total dividend payment for the accounting year 2016.

This second interim dividend, payable on December 27, 2016, amounts to € 2.10 gross per share.

Taking into account the first interim dividend decided in July, the total dividend 2016 is 4.80 € gross per share, an increase of 6.6 % compared with 2015 adjusted.

 

Gross dividend in € 2015 2016
1st interim dividend 2.54 (*) 2.70
2nd interim dividend 1.96 (*) 2.10
Total 4.50 (*) (**) 4.80

(*) Figures after application of the adjustment coefficient of the capital increase 2015

(**) Corresponding to € 5.015 gross unadjusted

This evolution is higher than the one of the Solvay S.A.'s dividend which increased by 3.3 % in 2016 compared to 2015 adjusted.

The shares will be traded "ex dividend" on the stock exchange as from December 16, 2016.

Calendar dividends 2017

-     25 August 2017         : payment of the first interim dividend for the 2017 financial year

-     28 December 2017  : payment of the second interim dividend for the 2017 financial year

 

For additional information, please contact:

 

Solvac S.A.

Rue des Champs Elysées, 43 - 1050 Bruxelles

Tél. : 32/2/639.66.30

Fax : 32/2/639 66 31

Mail : Investor.relations@solvac.be

 

 

 

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Press Release 12.14.2016


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Source: Solvac SA via Globenewswire