Given the robust balance sheet in setting the amount of the dividend for 2018 it was decided to adjust the net result for the extraordinary charges. At current share price levels the distribution of (part of) the dividend in shares and the resulting dilution is considered undesirable. The Supervisory Board of Boskalis therefore proposed to the Annual General Meeting of Shareholders on 8 May 2019 that a dividend of EUR 0.50 per ordinary share be distributed fully in cash, equal to nearly 80% of the net operating profit.
The Meeting approved the proposed dividend of EUR 0.50 per share in cash. The ex-dividend date is 10 May 2019. The number of shares entitled to dividend will be determined on 13 May 2019 (Registration Date). The dividend will be made payable as from 20 May onwards. The dividend payment in cash will take place after deduction of the statutory dividend withholding tax.
The dividend will be made payable from 20 May 2019.