Proposed dividend of €1.35 per share
The Board of Management proposes a dividend of €1.35 per common share. AkzoNobel’s shares will be trading ex-dividend as of April 30, 2010. In compliance with the listing requirements of Euronext Amsterdam, the record date will be May 4, 2010.
The dividend as proposed to the 2010 Annual General Meeting of shareholders will be payable as of May 11, 2010. The dividend payment to holders of ADRs will be made in US $ at the $/€ rate fixed by the European Central Bank on May 11, 2010.
The dividend paid over the last five years is shown in the graph at the bottom of this page.
AkzoNobel’s 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.