AkzoNobel’s dividend policy changed in 2010. Subject to shareholder approval, we want to pay a stable to rising dividend each year, following our expected growth in cash generation.
Proposed dividend of €1.40 per share
The Board of Management proposes a dividend of €1.40 per common share. AkzoNobel’s shares will be trading ex-dividend as of April 29, 2011. In compliance with the listing requirements of Euronext Amsterdam, the record date will be May 3, 2011.
The dividend as proposed to the 2011 Annual General Meeting of shareholders will be payable as of May 10, 2011.
The dividend paid over the last five years is shown in the graph below.
Dividend paid in € per share