Dividend

RTL Group’s dividend policy, which was amended in 2013 ahead of the Group’s re-IPO, now states that the Group will pay out between 50 and 75 per cent of the adjusted net result.

The adjusted net result is the reported net result available to RTL Group shareholders, adjusted for significant one-off items (both positive and negative). The Group reports its adjusted net result at the time of its full-year results announcement.

The Group intends to maintain or, where possible, to have a progressive ordinary dividend over time.

In addition to the ordinary dividend, the Board will also consider, twice per year, whether there is an opportunity to return additional dividends to shareholders via extraordinary dividends. The ability to pay extraordinary dividends will depend on the Group’s financial capacity – noting that the Group aims to have a balance sheet efficiency of between 0.5 and 1.0 times net debt to EBITDA – and the amount of cash earmarked for further growth opportunities.

 

Dividend Payment Schedule

Coupon Nr

Payment Date

Gross Amount per share (in €)

 

14

25 April 2008

5.00
15

24 April 2009

3.50
16

29 April 2010

3.50
17

29 April 2011

5.00
18

26 April 2012

5.10
19

07 March 2013

10.50
20

5 September 2013

2.50
21 7 May 2014 4.50
22

 4 September 2014

2.00
23 23 April 2015 3.50
24 10 September 2015 1.00
25 28 April 2016 3.00
26 8 September 2016 1.00

 

A Luxembourg withholding tax of 15%1  is applied on the gross dividend amount paid to RTL Group shareholders. However an exemption from withholding tax at source may apply under the provisions of Article 147 of the Luxembourg Income Tax law (LIR).


1 such 15% withholding tax may be reduced by relevant double tax treaties entered into between Luxembourg and the country of residence of RTL Group shareholders, if applicable.

 

The Board of Directors meeting held on 24 August 2016 decided to pay an interim dividend of €1.00 per share. This dividend will be payable from 8 September 2016 (ex-date: 6 September) on presentation of coupon N° 26 at the following banks:

 

  • In the Grand-Duchy of Luxembourg: ING Luxembourg S.A.

  • In Belgium: ING S.A.

  • In Germany: Deutsche Bank AG

Ex-date Record Date Pay Date
6 September 2016 7 September 2016 8 September 2016

 


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