Shareholder information

Within the framework of the Belgian RREC legislation, the Company is required to distribute, as return on capital, an amount at least corresponding to the positive difference between the following amounts:

• 80% of an amount (‘corrected profit’) determined in the form published in Chapter III of Annex C of the Royal Decree of 13 July 2014 ;
• and the net decrease in the debt of the public RREC during the financial year.

Each year, the dividend is paid following the Annual General Meeting, which is held on the second Tuesday of May. Keep an eye on our calendar to keep up to date with all the dates related to the dividend.

For the 2026 financial year, Aedifica’s Board of Directors anticipates a gross dividend of €4.20 per share (subject to a 30% withholding tax, see below). The dividend is expected to be paid out in May 2027, following the approval of the annual accounts by the Annual General Meeting of 11 May 2027.

For the 2025 financial year, Aedifica’s Board of Directors distributed a gross dividend of €4.00 per share (subject to a 30% withholding tax, see below).

Aedifica has achieved a strong dividend track record since its incorporation in 2005. Year after year, we have increased our dividend or at least kept it stable. Since incorporation, we have already distributed a total of €49.30 (gross) per share in dividends.

By clicking on the link below you will find an overview of all dividends paid by coupon.
Dividend history

* 2020: Prorata of the €4.60 dividend (18 months) over 12 months.

Since January 1, 2026, the applicable withholding tax rate on dividends distributed by Aedifica amounts to 30%.

Until 31 December 2025, Aedifica shareholders benefited from a reduced withholding tax of 15% instead of 30%, which is granted to shareholders of REITs investing more than 80% of their portfolio in residential healthcare real estate situated in a member state of the European Economic Area. Following Brexit, a transition regime was provided for UK assets acquired prior to 1 January 2021 so that they could be included in the calculation of the 80% threshold until the end of the 2025 financial year.

However, as this transition regime has now ended and – given its portfolio in the UK and a number of non-residential care properties – Aedifica no longer meets the 80% threshold, the Company no longer qualifies to benefit from the reduced withholding tax rate of 15% since 1 January 2026.

Aedifica’s combination with Cofinimmo does not change anything in terms of the applicable withholding tax rate for dividends payable by Aedifica in 2026. Considering the current composition of Cofinimmo’s portfolio with offices, distribution networks and non-residential healthcare real estate, Aedifica’s and Cofinimmo’s consolidated real estate portfolio does not reach the 80% threshold.

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