Progressive dividend policy
Wolters Kluwer has a progressive dividend policy under which the company aims to increase the dividend per share each year. The dividend pay-out ratio will therefore vary from year to year. The annual increase is dependent on our financial performance, market conditions, and our need for financial flexibility.
As announced on February 22, 2017, Wolters Kluwer will propose a final dividend of €0.60 per share at the 2017 Annual General Meeting. This will bring the total dividend over the 2016 financial year to €0.79 per share, an increase of 4 euro cents or 5% on the prior year dividend (2015: €0.75). If approved, the 2016 dividend will mark the 11th consecutive year of increase in dividend per share. For more than 25 years, the company has either increased or maintained its dividend per share.
For 2017, we intend to set the interim dividend at 25% of prior year total dividend.
1) Dividend declared for the year indicated. 2016 dividend is subject to approval at the Annual General Meeting on April 20, 2017.
Dividend dates are provided in our Calendar.
Shareholders can choose to reinvest both interim and final dividends by purchasing additional Wolters Kluwer shares through the Dividend Reinvestment Plan (DRIP) provided by ABN AMRO Bank NV. For questions related to the DRIP, please contact: ABN AMRO Corporate Broking email@example.com.