Royal Philips

company website

Total dividend bookyear 2018: € 0.850*

Final dividend

proposed amount
€ 0.850
announcement date
May 9, 2019
ex-coupon date
May 13, 2019
payment date
Jun 13, 2019

A proposal will be submitted to the Annual General Meeting of Shareholders, to be held on May 9, 2019, to declare a distribution of EUR 0.85 per common share, in cash or shares atthe option of the shareholder (up to EUR 777 million if all shareholders would elect cash), against the net income for 2018.

If the above dividend proposal is adopted, the shares will be traded ex-dividend as of May 13, 2019 at the New York Stock Exchange and Euronext Amsterdam. In compliance with the listing requirements of the New York Stock Exchange and the stock market of Euronext Amsterdam, the dividend record date will be May 14, 2019.
Shareholders will be given the opportunity to make their choice between cash and shares between May 15, 2019 and June 7, 2019. If no choice is made during this election period the dividend will be paid in cash. On June 7, 2019 after close of trading, the number of share dividend rights entitled to one new common share will be determined based on the volume-weighted average price of all traded common shares Koninklijke Philips N.V. at Euronext Amsterdam on June 5, 6 and 7, 2019.

The company will calculate the number of share dividend rights entitled to one new common share (the ratio), such that the gross dividend in shares will be approximately equal to the gross dividend in cash. The ratio and the number of shares to be issued will be announced on June 12, 2019. Payment of the dividend and delivery of new common shares, with settlement of fractions in cash, if required, will take place from June 13, 2019.
Further details will be given in the agenda with explanatory
notes for the 2019 Annual General Meeting of Shareholders. All dates mentioned remain provisional until then.

Total dividend bookyear 2017: € 0.800

Final dividend

amount
€ 0.800
announcement date
May 3, 2018
ex-coupon date
May 7, 2018
payment date

A proposal will be submitted to the Annual General Meeting of Shareholders, to be held on May 3, 2018, to declare a distribution of EUR 0.80 per common share (up to EUR 750 million), in cash or shares at the option of the shareholder, against the net income for 2017. If the above dividend proposal is adopted, the shares will be traded ex-dividend as of May 7, 2018 at the New York Stock Exchange and Euronext Amsterdam. In compliance with the listing requirements of the New York Stock Exchange and the stock market of Euronext Amsterdam, the dividend record date will be May 8, 2018.

Total dividend bookyear 2016: € 0.800

Final dividend

amount
€ 0.800
announcement date
ex-coupon date
payment date

The proposal of the Board of Management of Royal Philips to declare a distribution of EUR 0.80 per common share in cash or shares at the option of the shareholder, was approved at the Annual General Meeting of Shareholders held on May 11, 2017.

Total dividend bookyear 2015: € 0.800

Final dividend

amount
€ 0.800
announcement date
ex-coupon date
payment date

On January 26, 2016, the Board of Management of Philips proposed an elective dividend of EUR 0.80 per common share. This proposal was approved at the Annual General Meeting of Shareholders on May 12, 2016

Total dividend bookyear 2014: € 0.800

Final dividend

amount
€ 0.800
announcement date
ex-coupon date
payment date

On January 27, 2015, the Board of Management of Philips proposed an elective dividend of EUR 0.80 per common share. This proposal was approved at the Annual General Meeting of Shareholders on May 7, 2015.

Dividend history

financial events

Company information

Source: company website, April 2018

As a focused leader in health technology, we are determined to build upon our rich heritage by touching billions of lives each year with our innovative technology solutions.

Dividend policy

Source: company website, April 2018

Philips’ dividend policy is aimed at dividend stability and a pay-out ratio of 40% to 50% of net income after adjustments.