UNIBAIL-RODAMCO SE to pay dividends semi-annually
(Thomson Reuters ONE) -
Paris, Amsterdam, October 2, 2014
Press Release
Unibail-Rodamco to pay dividends semi-annually
After review of the Group's practice of paying its annual dividend in a single
payment and considering the benefits of changing from a once-a-year to a twice-
a-year payment, Unibail-Rodamco will implement in 2015 a distribution policy of
semi-annual dividend payments, i.e. a payment of its dividend in 2
installments. Unibail-Rodamco believes that by adopting this policy it offers
shareholders a regular flow of dividends which more closely matches the Group's
cash flows.
For the 2014 fiscal year dividend to be paid in 2015, the calendar will be as
follows:
1. Payment of an interim dividend on March 26, 2015 (ex-date March 23, 2015)
2. Payment of a final dividend subject to approval of the AGM on July 6, 2015
(ex-date July 1, 2015)
The amounts of the interim and final dividend paid for the 2014 fiscal year and
the calendar of payment dates in 2016 (for the 2015 fiscal year dividend) will
be announced on January 28, 2015 after market close with the release of the
full-year 2014 results.
The target pay-out ratio of distributable income set in 2007 is unchanged for
the Group with a range of 85% to 95% of its annual recurring earnings per share.
For further information, please contact:
Investor Relations
Pierre-Marie Battesti
+33 1 76 77 56 97
Media Relations
Camille Delomez
+33 1 76 77 57 94
About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe's largest listed commercial
property company, with a presence in 12 EU countries, and a portfolio of assets
valued at ?33.6 billion as of June 30, 2014. As an integrated operator, investor
and developer, the Group covers the whole of the real estate value creation
chain. With the support of its 1,550 professionals, Unibail-Rodamco applies
those skills to highly specialised market segments such as large shopping
centres in major European cities and large offices and convention & exhibition
centres in the Paris region.
The Group distinguishes itself through its focus on the highest architectural,
city planning and environmental standards. Its long term approach and
sustainable vision focuses on the development or redevelopment of outstanding
places to shop, work and relax. Its commitment to environmental, economic and
social sustainability has been recognised by inclusion in the DJSI (World and
Europe), FTSE4Good and STOXX Global ESG Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It
benefits from an A rating from Standard & Poor's and Fitch Ratings.
For more information, please visit our website: www.unibail-rodamco.com
Unibail-Rodamco - Change in timing of dividend :
http://hugin.info/136618/R/1860450/652087.pdf
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other applicable laws; and
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originality of the information contained therein.
Source: UNIBAIL-RODAMCO SE via GlobeNewswire
[HUG#1860450]
Unternehmensinformation / Kurzprofil:
Datum: 02.10.2014 - 21:31 Uhr
Sprache: Deutsch
News-ID 342549
Anzahl Zeichen: 3895
contact information:
Town:
PARIS Cedex 16
Kategorie:
Business News
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