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 2022 financial year, Aedifica’s Board of Directors proposes a gross dividend of €3.70 per share (+9% compared to the 2021 dividend). The dividend will be split between coupon no. 30 (€1.8145, ex-coupon date: 27 June 2022) and coupon no. 31 (€1.8855, to be detached in May 2023).

Any Aedifica shares purchased since 27 June 2022 (inclusive) will have coupon no. 31 (and following) attached and will therefore be entitled to the pro rata temporis dividend of €1.8855 gross per share for the 2022 financial year.

The dividend will be paid out in May 2023, following the approval of the annual accounts by the Annual General Meeting of 9 May 2023.

As a RREC investing more than 80% of its portfolio in residential European healthcare real estate, the withholding tax for Aedifica investors amounts to only 15%. After deduction of the 15% withholding tax, the total net dividend will amount to €3.1450 (€1.5423 for coupon no. 30 and €1.6027 for coupon no.31).

For the 2021 financial year, Aedifica distributed a gross dividend of €3.40 per share. The dividend was split between coupon no. 28 (€1.5370, ex-coupon date: 11 June 2021) and coupon no. 29 (€1.8630, ex-coupon date: 13 May 2022).

Any Aedifica share purchased since 11 June 2021 (inclusive) has coupon no. 29 (and following) attached and is therefore entitled to the pro rata temporis dividend of €1.8630 gross per share.

The dividend was paid out in May 2022, following the approval of the annual accounts by the Annual General Meeting of 10 May 2022.

As a RREC investing more than 80% of its portfolio in residential European healthcare real estate, the withholding tax for Aedifica investors amounts to only 15%. After deduction of the 15% withholding tax, the total net dividend amounts to €2.89 (€1.30645 for coupon no. 28 and €1.58355 for coupon no. 29).

For all 18 months of the extended 2019/2020 financial year, Aedifica’s Board of Directors proposed a total gross dividend of €4.60 per share. As the financial year was extended by 6 months, payment of the dividend was also postponed by 6 months until May 2021. In anticipation of the (final) dividend, Aedifica’s Board of Directors paid out an interim dividend on 7 October 2020.

The interim dividend amounts to €3.00 (+7% compared to the 2018/2019 dividend) and is distributed over coupons no. 23 (detached on 23 April 2020) and no. 24 (detached on 5 October 2020). It covers the period from 1 July 2019 to 30 June 2020 inclusive, with payment made on 7 October 2020.

The (final) dividend amounts to €1.60 and covers the period from 1 July 2020 to 31 December 2020. It is distributed over coupons no. 26 (detached on 15 October 2020) and no. 27 (detached on 14 May 2021). The (final) dividend was paid out in May 2021, following the approval of the annual accounts by the Annual General Meeting of 11 May 2021.

As a RREC investing more than 60% of its portfolio in healthcare property, the withholding tax for Aedifica investors amounts to only 15%. After deduction of the 15% withholding tax, the total net dividend amounts to €3.91 (€2.108 for coupon 23, €0.442 for coupon 24, €0.8755 for coupon 26 and €0.4845 for coupon 27).

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