Aegon aims to pay out a sustainable dividend to allow equity investors to share in Aegon’s performance, which can grow over time if Aegon’s performance so allows. At the Annual General Meeting of Shareholders on May 17, 2019, the Supervisory Board will, in the absence of unforeseen circumstances, propose a final dividend for 2018 of EUR 0.15 per common share. If approved, and in combination with the interim dividend of EUR 0.14 per share paid over the first half of 2018, Aegon’s total dividend over 2018 will amount to EUR 0.29 per common share. This is an increase of EUR 0.02 per share or over 7% compared with the 2017 dividend. The final dividend will be paid in cash or stock at the election of the shareholder. The value of the stock dividend will be approximately equal to the cash dividend. Aegon intends to neutralize the dilutive effect of the final 2018 stock dividend on earnings per share in the third quarter of 2019, barring unforeseen circumstances.

If the proposed dividend is approved by shareholders, Aegon shares will be quoted ex-dividend on May 21, 2019. The record date for the dividend will be May 22, 2019. The election period for shareholders will run from May 28 up to and including June 14, 2019. The stock fraction will be based on the average share price on Euronext Amsterdam from June 10 until June 14, 2019. The stock dividend ratio will be announced on June 19, 2019, and the dividend will be payable as of June 21, 2019.

Source: Results H1 2018, August 16, 2018

EUR 0.14 per common share (proposed)

At the 1H 2018 results on August 16, 2018, Aegon announced an interim dividend for 2018 of EUR 0.14 per common share.

The interim dividend will be paid in cash or stock at the election of the shareholder. The value of the stock dividend will be approximately equal to the cash dividend.

2018 Interim Dividend Schedule

Dividend: August 16, 2018
Ex-dividend: August 24, 2018
Record date: August 27, 2018
Election period: August 29 - September 14, 2018
Stock fraction announced: September 19, 2018
Payment dividend: September 21, 2018

Interim Dividend
EUR 0.13 per common share
USD 0.152653 

Shareholders were given the opportunity to choose between receiving the 2017 interim dividend either entirely in cash (minus 15% withholding tax) or entirely in new common shares to be paid out of the share premium reserve (free of withholding tax in the Netherlands).

2017 interim dividend stock fraction
43% of shareholders elected to receive the stock dividend. Those who elected a stock dividend received one Aegon common share for every 36 common shares held.

The stock fraction was based on Aegon's average share price as quoted on Euronext Amsterdam, using the high and low of each of the five trading days from September 4 up to and including September 8, 2017. The average share price calculated on this basis amounted to EUR 4.7033.

• Dividend proposal: August 10, 2017
• Aegon NY registered shares quoted ex-dividend: August 17, 2017
• Aegon Euronext-listed shares quoted ex-dividend: August 18, 2017
• Record date: August 21, 2017
• Election period: August 23 - September 8, 2017
• Stock fraction announced: September 13, 2017
• Payment dividend: September 15, 2017

EUR 0.14 per common share (proposed)

At the Annual General Meeting of Shareholders on May 18, 2018, the Supervisory Board will, in the absence of unforeseen circumstances, propose a final dividend for 2017 of EUR 0.14 per common share.

The final dividend will be paid in cash or stock at the election of the shareholder. The value of the stock dividend will be approximately equal to the cash dividend.

• Dividend proposal: February 15, 2018
• Aegon NY registered shares quoted ex-dividend: May 22, 2018
• Aegon Euronext-listed shares quoted ex-dividend: May 22, 2018
• Record date: May 23, 2018
• Election period: May 29 - June 15, 2018
• Stock fraction announced: June 20, 2018
• Payment dividend: June 22, 2018

Interim Dividend
EUR 0.13 per common share
USD 0.147264

Shareholders were given the opportunity to choose between receiving the 2016 interim dividend either entirely in cash (minus 15% withholding tax) or entirely in new common shares to be paid out of the share premium reserve (free of withholding tax in the Netherlands).

2016 interim dividend stock fraction
42% of shareholders elected to receive the stock dividend. Those who elected for a stock dividend received one Aegon common share for every 28 common shares held.

The stock fraction was based on Aegon's average share price as quoted on Euronext Amsterdam, using the high and low of each of the five trading days from September 5 up to and including September 9, 2016. The average share price calculated on this basis amounted to EUR 3.6190. The stock dividend and the cash dividend were approximately equal in value.

Final Dividend
EUR 0.13 per common share
USD 0.146231

Shareholders were given the opportunity to choose between receiving the 2016 final dividend either entirely in cash (minus 15% withholding tax) or entirely in new common shares to be paid out of the share premium reserve (free of withholding tax in the Netherlands).

2016 final dividend stock fraction
46% of shareholders elected to receive the stock dividend. Those who elected for a stock dividend will receive one Aegon common share for every 35 common shares held.

The stock fraction is based on Aegon's average share price as quoted on Euronext Amsterdam, using the high and low of each of the five trading days from June 12 up to and including June 16, 2017. The average share price calculated on this basis amounted to EUR 4.5254

Interim Dividend
EUR: 0.12 per common share
USD: 0.134196 

Shareholders could elect to receive the interim 2015 dividend either entirely in cash (minus 15% withholding tax) or entirely in new common shares to be paid out of the share premium reserve (free of withholding tax in the Netherlands).

2015 interim dividend stock fraction
43% of shareholders elected to receive the stock dividend. Those who elected for a stock dividend received one Aegon common share for every 45 common shares held.

The stock fraction was based on Aegon's average share price as quoted on Euronext Amsterdam, using the high and low of each of the five trading days from September 7 up to and including September 11, 2015. The average share price calculated on this basis amounted to EUR 5.40. The stock dividend and the cash dividend were approximately equal in value.

Final Dividend
EUR: 0.13 per common share
USD 0.145795

Shareholders were given the opportunity to choose between receiving the 2015 final dividend in cash or in stock. The cash dividend amounts to EUR 0.13 per common share. 43% of shareholders elected to receive the stock dividend.

2015 final dividend stock fraction
Those who elected for a stock dividend received one Aegon common share for every 30 common shares held.

The stock fraction was based on Aegon's average share price as quoted on Euronext Amsterdam, using the high and low of each of the five trading days from June 13 up to and including June 17, 2016. The average share price calculated on this basis amounted to EUR 3.9057. The stock dividend and the cash dividend are approximately equal in value.