Airbus // Universal Registration Document 2021
3. General Description of the Company and its Share Capital /
3.4 Dividends
3.4 Dividends
3.4.1 Dividends and Cash Distributions Paid
Cash distributions paid to the shareholders are set forth in the table below:
Financial year
Date of the cash distribution payment Gross amount per share (1)
Adjusted amount per share (2)
3
2016
20 April 2017
€1.35
€ 1.332
2017
18 April 2018
€1.50
€ 1.483
2018
17 April 2019
€1.65
€ 1.636
2019
N/A
€0
€ 0
2020
N/A
€0
€0
(1) Note: figures take into account the number of shares outstanding at the date of payment. (2) Note: amounts per share adjusted to the current number of shares outstanding as of 31 December 2021.
3.4.2 Dividend Policy of the Company
will propose to the Annual General Meeting the payment to shareholders on 21 April 2022 of a dividend of € 1.50 per share. This dividend proposal reflects our Net Income of € 4.2 billion together with our strengthening Net Cash position of €7.6 billion. It highlights our ongoing commitment towards sustained dividend growth and increasing shareholder returns. The record date should be 20 April 2022.
In December 2013, Airbus formal ised a dividend pol icy demonstrating a strong commitment to shareholder returns. This policy targets sustainable growth in the dividend within a pay-out ratio of 30%-40%. However, in 2020, the COVID-19 pandemic has severely disrupted the Company’s business operations and financial performance. As a result, no dividend was proposed for 2020. Based on the strong 2021 financial performance, the Board of Directors proposes to reintroduce a dividend payment and
3.4.3 Unclaimed Dividends
dividends shall lapse five years after the day on which the claim for payment of the dividend against which the interim dividend could be distributed becomes due and payable.
Pursuant to the Articles of Association, the claim for payment of a dividend or other distribution approved by the shareholders’ meeting shall lapse five years after the day on which such claim becomes due and payable. The claim for payment of interim
3.4.4 Taxation
and which may be substantially different from the general rules described below. Investors who are in doubt as to their tax position in the Netherlands and in their state of residence should consult their professional advisors. Where the summary refers to “the Netherlands” or “Netherlands” or “Dutch”, it refers only to the European part of the Kingdom of the Netherlands.
The statements below represent a broad analysis of the current tax laws of the Netherlands. The description is limited to the material tax implications for a holder of the Company’s shares (the “ Shares ”) who is not and is not deemed to be resident in the Netherlands for any Dutch tax purposes (a “ Non-Resident Holder ”). Certain categories of holders of the Company’s shares may be subject to special rules which are not addressed below
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Airbus / Registration Document 2021
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