Dividend Information

Dividend policy

Our dividend policy is to pay a stable to rising dividend each year, following our expected growth in cash generation. An interim and a final dividend will be paid, where cash dividend is default and stock dividend optional.

Intended 2011 dividend of €1.45 per share

Our intended total 2011 dividend is €1.45 per share, the interim 2011 dividend will be €0.33 per share. This represents an increase of 3 percent versus 2010. The dividend dates are listed in our calendar.
The dividend paid over the last five years is shown in the graph below.

Dividend paid in € per share

Announcement of exchange ratio

Akzo Nobel N.V. announced on November 22, 2011 that the exchange ratio of the interim dividend in shares has been determined. This will amount to 1 new ordinary share for every 106.0682 existing ordinary shares.

Based on the average weighted price of 14, 15, 16, 17 and 18 November 2011 of EUR 35.0025, 1/106.0682 th share represents a value of EUR 0.33, which is virtually equal to the gross dividend in cash of EUR 0.33 per ordinary share. Both the cash dividend and stock dividend will be payable to shareholders on 24 November 2011.

For approximately 726,656 new ordinary shares, a request to admit the new shares for admission to trading on Euronext Amsterdam will be made pursuant to article 5:4 sub e of the Financial Markets Supervision Act (Wet op het financieel toezicht).