Telenet.be
 
 
 
 

Investment Proposition

 
 

Shareholder Remuneration Policy

Shareholder Remuneration Policy

Shareholder Disbursements

Date(1) Shareholder Disbursements
May 3, 2023 (*) €1.00 per share
(gross dividend)
May 2, 2022

€1.3750 per share
(gross final dividend)

December 6, 2021 €1.3750 per share
(gross intermediate dividend)

May 3, 2021

€1.3750 per share
(gross final dividend)

December 4, 2020

€1.375 per share
(gross intermediate dividend)

May 2, 2020

€1.3050 per share
(gross final dividend)

December 5, 2019

€0.57 per share
(gross intermediate dividend)

October 2, 2018

€5.30 per share
(gross extraordinary dividend)

May 3, 2013

€7.90 per share
(gross extraordinary dividend)

May 7, 2012

€1.00 per share
(gross dividend)

August 28, 2012

€3.25 per share
(net capital reduction)

July 26, 2011

€4.50 per share
(net capital reduction)

July 28, 2010

€2.23 per share
(net capital reduction)

August 27, 2009

€0.50 per share
(net capital reduction)

November 19, 2007

€6.00 per share
(net capital reduction)

1 All dates refer to ex-dividend dates
(*) Subject to board and shareholder approval

Shareholder Remuneration Policy

 

As detailed during our September 2022 Capital Markets Day, our long-term consolidated ambition is to drive growth in both ARPU and our customer base, translating into healthy top line growth. Through increased digitization, we expect our operating costs to further decrease over time, boosting our Adjusted EBITDA. After the NetCo network build and upgrade, we expect a significantly lower CAPEX intensity across both our NetCo and Telenet businesses, translating into robust Adjusted Free Cash Flow growth and growth in our shareholder remuneration profile from our current policy.

As announced mid-July this year, Telenet's board of directors has opted for a balanced shareholder remuneration policy during the investment cycle (annual gross dividend per share of €1.0 during the 2023-2029 roll-out period) with upside potential (through extraordinary dividends and/or share buy-backs) from either a partial NetCo divestment and/or our ability to optimize the FTTH investment plan.

 

img