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Aperam announces dividend payment schedule for 2020

Aperam S.A. / Key word(s): Dividend
Aperam announces dividend payment schedule for 2020
05-Feb-2020 / 07:00 CET/CEST

 

Luxembourg, 5 February 2020 (07:00 CET) - Aperam announces its detailed dividend payment schedule for 2020.

 

The Company proposes to maintain its base dividend at EUR 1.75/share, subject to shareholders approval at the next Annual General Meeting to be held on 5 May 2020.

 

The dividend payments would occur in four equal quarterly installments of EUR 0.4375 (gross) per share in 2020 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 2020

 

 

1st Quarterly Payment (interim)

2nd Quarterly Payment

3rd Quarterly Payment

4th Quarterly Payment

Announcement date

26 February 2020

12 May 2020

11 August 2020

9 November 2020

Ex-Dividend

02 March 2020

15 May 2020

14 August 2020

12 November 2020

Record Date

03 March 2020

18 May 2020

17 August 2020

13 November 2020

Payment Date

26 March 2020

12 June 2020

11 September 2020

9 December 2020

FX Exchange rate

27 February 2020

13 May 2020

12 August 2020

10 November 2020

 

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 2019, Aperam had sales of EUR 4,240 million and steel shipments of 1.79 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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