The dividend paid over the last five years is shown in the graph below:
Dividend paid
In € per share
Proposed dividend of €1.80 per share
The Board of Management proposes a dividend of €1.80 per common share, similar to last year. AkzoNobel’s shares will be traded ex-dividend as of April 29, 2009. In compliance with the listing requirements of Euronext Amsterdam, the record date will be May 4, 2009.
The dividend as proposed to the 2009 Annual General Meeting of shareholders will be payable as of May 7, 2009. The dividend payment to holders of ADRs will be made in US $ at the $/€ rate fixed by the European Central Bank on May 7, 2009.
Dividend policy
AkzoNobel’s present dividend policy is based on an annual pay-out ratio of at least 45 percent of net income before incidentals and fair value adjustments for the ICI acquisition.
