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Aperam announces dividend payment schedule for 2021

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Aperam S.A. / Key word(s): Dividend
Aperam announces dividend payment schedule for 2021
10-Feb-2021 / 07:00 CET/CEST

 

Luxembourg, 10 February 2021 (07:00 CET) - Aperam announces its detailed dividend payment schedule for 2021.

 

The Company proposes to maintain its base dividend at EUR 1.75/share, subject to shareholders approval at the next Annual General Meeting.

 

The dividend payments would occur in four equal quarterly installments of EUR 0.4375 (gross) per share in 2021 as described below in the detailed dividend schedule.

 

Dividends are announced in Euros. Dividends are paid in Euros for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg). Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares and converted from Euros to US dollars based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

 

Table: Detailed dividend schedule 2021

 

 

1st Quarterly Payment (interim)

2nd Quarterly Payment

3rd Quarterly Payment

4th Quarterly Payment

Announcement date

25 February 2021

11 May 2021

13 August 2021

9 November 2021

Ex-Dividend

02 March 2021

14 May 2021

18 August 2021

12 November 2021

Record Date

03 March 2021

17 May 2021

19 August 2021

15 November 2021

Payment Date

25 March 2021

11 June 2021

13 September 2021

9 December 2021

FX Exchange rate

26 February 2021

12 May 2021

16 August 2021

10 November 2021

 

In order to benefit from exemption of Luxembourg dividend withholding tax at source, an "Informative Memorandum" describing the procedure to obtain an exemption at source of the Luxembourg dividend withholding tax is available at the following:Link

 

About Aperam

 

Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. The business is organised in three primary operating segments: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties.

 

Aperam has a flat Stainless and Electrical steel capacity of 2.5 million tonnes in Brazil and Europe and is a leader in high value specialty products. In addition to its industrial network, spread over six production facilities in Brazil, Belgium and France, Aperam has a highly integrated distribution, processing and services network and a unique capability to produce stainless and special steels from low cost biomass (charcoal made from its own FSC-certified forestry).

 

In 2020, Aperam had sales of EUR 3,624 million and steel shipments of 1.68 million tonnes.

 

For further information, please refer to our website at www.aperam.com

 

 

Contact

 

Corporate Communications / Laurent Beauloye: +352 27 36 27 103

Investor Relations / Thorsten Zimmermann: +352 27 36 27 304
 


Dissemination of a Financial Wire News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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