During the Annual General Meeting of Shareholders of Royal Ten Cate, which was held on Thursday 17 April 2014, the dividend for the 2013 financial year was declared at € 0.50 (2012: € 0.50) per ordinary share of € 2.50 par value.
The dividend is to be paid in cash, or at the shareholder`s option in ordinary shares charged to the share premium reserve. The distribution in cash will be charged with 15% dividend tax. The value of the stock dividend will surpass the value of the cash dividend by 0 to 3%.
The ex-dividend date will be Wednesday 23 April 2014. The record date for the dividend has been fixed as Friday 25 April 2014, after trading hours. Shareholders are offered the opportunity to make known their choice relating to the optional dividend before 15:00 hours CET on Friday 9 May 2014. Shortly thereafter, the exchange ratio of the optional dividend will be announced. The dividend will be made available for payment as from Wednesday 14 May 2014.
Royal Ten Cate
Almelo, the Netherlands, Thursday 17 April 2014
For further information:
Further information is available at www.securitiesinfo.com.
Royal Ten Cate (TenCate) is a multinational company which combines material technology with related chemical processes in the development and production of functional materials with distinctive characteristics. Products of TenCate are sold worldwide.
Systems and materials from TenCate come under four areas of application: safety & protection, space & aerospace, infrastructure & the environment, and sport & recreation. TenCate occupies leading positions in protective fabrics, composites for space and aerospace, antiballistics, geosynthetics and synthetic turf. TenCate is listed on the NYSE Euronext (AMX).
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Koninklijke Ten Cate NV via GlobeNewswire
- Investment & Company Information
- dividend tax
- stock dividend