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.
At the 2016 Annual General Meeting, shareholders approved a final dividend of €0.57 per ordinary share, bringing the total dividend over the 2015 financial year to €0.75 per share. This represents an increase of 6% compared to the dividend for the 2014 financial year (2014: €0.71). The 2015 dividend marked the 10th consecutive annual increase in dividend per share. For more than 25 years, the company has either increased or maintained its dividend per share.
As announced on February 24, 2016, the interim dividend for 2016 was set at 25% of the prior year’s total dividend, or €0.19 per ordinary share. This interim dividend has been distributed on September 14, 2016.
1) Dividend declared for the year indicated
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.