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BASF SE Message Board

  • jessiejames1862 jessiejames1862 Apr 21, 2009 12:46 PM Flag

    Dividend lowed to 1.84

    when did that happen?

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    • Ludwigshafen , Germany – March 4, 2010 – In its meeting, the Supervisory Board approved the financial statements of BASF SE for 2009 as well as the consolidated financial statements of BASF Group, which were submitted by the Board of Executive Directors. In addition, the Supervisory Board approved the dividend proposal made by the Board of Executive Directors. The Board of Executive Directors and the Supervisory Board of BASF SE will therefore propose to the Annual Meeting on April 29, 2010 the payment of a dividend of €1.70 ($2.29) per share for 2009 (previous year: €1.95 per share). On the basis of the number of qualifying shares as of December 31, 2009, the dividend of €1.70 per share would correspond to a total dividend payment of approximately €1.6 billion. Relative to the 2009 year-end share price of €43.46, BASF shareholders would thus receive a dividend yield of 3.9 percent. If the proposal is approved by the Annual Meeting, the dividend will be paid out on April 30, 2010.

    • Go to Click on investor relations. Vote was held to confirm the Boards recommended $1.95Euro/share dividend. Results will be announced next Thursday (4/30) and is a rubber stamp. This converts to $2.53US/share at $1E = $1.30US. They will deduct about 20% German Taxes from the $2.53/share. You should receive $2.02 as a dividend and the remainder will be a 2009 Foreign Tax credit on your 2009 US income tax. The dividend is a 7.6% gross on the $33US stock value (6.1% net) plus the credit

65.29+0.49(+0.76%)Feb 12 3:59 PMEST