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Total dividend bookyear 2020: € 1.750*

Quarterly dividend

proposed amount
€ 0.438
announcement date
Nov 9, 2020
ex-coupon date
Nov 12, 2020
payment date
Dec 9, 2020

On February 5, 2020, Aperam announced its detailed dividend payment schedule for 2020. The Company proposed maintaining its base dividend at €1.75 per share, subject to shareholder approval at the 2020 Annual General Meeting.

Quarterly dividend

proposed amount
€ 0.438
announcement date
Aug 11, 2020
ex-coupon date
Aug 14, 2020
payment date
Sep 11, 2020

On February 5, 2020, Aperam announced its detailed dividend payment schedule for 2020. The Company proposed maintaining its base dividend at €1.75 per share, subject to shareholder approval at the 2020 Annual General Meeting.

Quarterly dividend

proposed amount
€ 0.438
announcement date
May 12, 2020
ex-coupon date
May 15, 2020
payment date
Jun 12, 2020

On February 5, 2020, Aperam announced its detailed dividend payment schedule for 2020. The Company proposed maintaining its base dividend at €1.75 per share, subject to shareholder approval at the 2020 Annual General Meeting.

Quarterly dividend

proposed amount
€ 0.438
announcement date
Feb 26, 2020
ex-coupon date
Mar 2, 2020
payment date
Mar 26, 2020

On February 5, 2020, Aperam announced its detailed dividend payment schedule for 2020. The Company proposed maintaining its base dividend at €1.75 per share, subject to shareholder approval at the 2020 Annual General Meeting.

Total dividend bookyear 2019: € 1.750*

Quarterly dividend

proposed amount
€ 0.438
announcement date
Nov 12, 2019
ex-coupon date
Nov 15, 2019
payment date
Dec 11, 2019

The Company proposes to increase its base dividend by about 15% from EUR 1.53/share to EUR 1.75/share , subject to shareholders approval at the next Annual General Meeting to be held on 7 May 2019, as the company continues to improve its sustainable profitability benefiting from its strategic actions.

The dividend payments would occur in four equal quarterly installments of EUR 0.4375 (gross) per share in 2019...

Dividends are announced in Euros. Dividends are paid in Euros for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg). Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares and converted from Euros to US dollars based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

Quarterly dividend

proposed amount
€ 0.438
announcement date
Aug 13, 2019
ex-coupon date
Aug 16, 2019
payment date
Sep 13, 2019

The Company proposes to increase its base dividend by about 15% from EUR 1.53/share to EUR 1.75/share , subject to shareholders approval at the next Annual General Meeting to be held on 7 May 2019, as the company continues to improve its sustainable profitability benefiting from its strategic actions.

The dividend payments would occur in four equal quarterly installments of EUR 0.4375 (gross) per share in 2019...

Dividends are announced in Euros. Dividends are paid in Euros for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg). Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares and converted from Euros to US dollars based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

Quarterly dividend

proposed amount
€ 0.438
announcement date
May 13, 2019
ex-coupon date
May 16, 2019
payment date
Jun 13, 2019

The Company proposes to increase its base dividend by about 15% from EUR 1.53/share to EUR 1.75/share , subject to shareholders approval at the next Annual General Meeting to be held on 7 May 2019, as the company continues to improve its sustainable profitability benefiting from its strategic actions.

The dividend payments would occur in four equal quarterly installments of EUR 0.4375 (gross) per share in 2019...

Dividends are announced in Euros. Dividends are paid in Euros for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg). Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares and converted from Euros to US dollars based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

Quarterly dividend

proposed amount
€ 0.438
announcement date
Feb 26, 2019
ex-coupon date
Mar 1, 2019
payment date
Mar 26, 2019

The Company proposes to increase its base dividend by about 15% from EUR 1.53/share to EUR 1.75/share , subject to shareholders approval at the next Annual General Meeting to be held on 7 May 2019, as the company continues to improve its sustainable profitability benefiting from its strategic actions.

The dividend payments would occur in four equal quarterly installments of EUR 0.4375 (gross) per share in 2019...

Dividends are announced in Euros. Dividends are paid in Euros for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg). Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares and converted from Euros to US dollars based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

Total dividend bookyear 2018: $ 1.800*

Quarterly dividend

proposed amount
$ 0.450
announcement date
Nov 12, 2018
ex-coupon date
Nov 15, 2018
payment date
Dec 11, 2018

The Company proposes to increase its base dividend  from US dollar 1.50/share to US dollar 1.80/share , subject to shareholders approval at the next Annual General Meeting to be held on 9 May 2018, as the company continues to improve its sustainable profitability benefiting from its strategic actions.

The dividend payments would occur in four equal quarterly installments of US dollar 0.45 (gross) per share in 2018: on 29 March 2018, 13 June 2018, 14 September 2018 and 11 December 2018, taking into account that the first quarterly dividend payment to be paid on 29 March 2018 shall be an interim dividend.

Dividends are announced in US dollar. Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares. Dividends are paid in EUR for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg) and converted from US dollars to EUR based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

Quarterly dividend

amount
$ 0.450
announcement date
Aug 13, 2018
ex-coupon date
Aug 19, 2018
payment date
Sep 14, 2018

The Company proposes to increase its base dividend  from US dollar 1.50/share to US dollar 1.80/share , subject to shareholders approval at the next Annual General Meeting to be held on 9 May 2018, as the company continues to improve its sustainable profitability benefiting from its strategic actions.

The dividend payments would occur in four equal quarterly installments of US dollar 0.45 (gross) per share in 2018: on 29 March 2018, 13 June 2018, 14 September 2018 and 11 December 2018, taking into account that the first quarterly dividend payment to be paid on 29 March 2018 shall be an interim dividend.

Dividends are announced in US dollar. Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares. Dividends are paid in EUR for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg) and converted from US dollars to EUR based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

Gross dividend/share  € 0.39452920

Quarterly dividend

proposed amount
$ 0.450
announcement date
May 14, 2018
ex-coupon date
May 17, 2018
payment date
Jun 13, 2018

The Company proposes to increase its base dividend  from US dollar 1.50/share to US dollar 1.80/share , subject to shareholders approval at the next Annual General Meeting to be held on 9 May 2018, as the company continues to improve its sustainable profitability benefiting from its strategic actions.

The dividend payments would occur in four equal quarterly installments of US dollar 0.45 (gross) per share in 2018: on 29 March 2018, 13 June 2018, 14 September 2018 and 11 December 2018, taking into account that the first quarterly dividend payment to be paid on 29 March 2018 shall be an interim dividend.

Dividends are announced in US dollar. Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares. Dividends are paid in EUR for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg) and converted from US dollars to EUR based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

Gross dividend/share  € 0.37869220

Interim dividend

proposed amount
$ 0.450
announcement date
Mar 5, 2018
ex-coupon date
Mar 8, 2018
payment date
Mar 29, 2018

The Company proposes to increase its base dividend  from US dollar 1.50/share to US dollar 1.80/share , subject to shareholders approval at the next Annual General Meeting to be held on 9 May 2018, as the company continues to improve its sustainable profitability benefiting from its strategic actions.

The dividend payments would occur in four equal quarterly installments of US dollar 0.45 (gross) per share in 2018: on 29 March 2018, 13 June 2018, 14 September 2018 and 11 December 2018, taking into account that the first quarterly dividend payment to be paid on 29 March 2018 shall be an interim dividend.

Dividends are announced in US dollar. Dividends are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares. Dividends are paid in EUR for shares listed on the European Stock Exchanges (Amsterdam, Brussels, Paris, Luxembourg) and converted from US dollars to EUR based on the European Central Bank exchange rate at the date mentioned in the table below. A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

Gross dividend/share  € 0.36258160

Total dividend bookyear 2016: $ 1.500*

Final dividend

proposed amount
$ 1.500
announcement date
May 10, 2017
ex-coupon date
payment date

On February 9, 2017 Aperam announced its detailed dividend payment schedule for 2017. The Company also proposes to increase its base dividend from USD 1.25/share to USD 1.50/share, subject to shareholder approval at the 2017 Annual General Meeting, as the company continues to improve its sustainable profitability benefiting from its strategic actions. The schedule is available on Aperam’s website www.aperam.com, section Investors & shareholders, Equity Investors, Dividends.

On February 9, 2017 Aperam announced a share buyback program of up to one hundred (100) million USD and a maximum of two (2) million shares under the authorization given by the annual general meeting of shareholders held on May 5, 2015. The details of the program are available in a separate Press Release.

Total dividend bookyear 2015: $ 1.250

Final dividend

amount
$ 1.250
announcement date
May 4, 2016
ex-coupon date
payment date

Dividend history

financial events

Company information

Source: company website, April 2018

"We are a leading global stainless and specialty steel producer based on our annual production capacity of 2.5 million tonnes in 2017. We are the largest stainless and specialty steel producer in South America and we are the second largest producer in Europe. We are also a leading producer of high value added specialty products, including grain oriented (“GO”) and non-grain oriented (“NGO”) electrical steels and nickel alloys. Our production capacity is concentrated in six production facilities located in Brazil, Belgium and France, and we have approximately 9,600 employees. Our distribution network is comprised of 14 Steel Service Centers (“SSCs”), 6 transformation facilities and 16 sales offices. We sell our products to customers on three continents in over 40 countries, including customers in the aerospace, automotive, catering, construction, household appliances and electrical engineering, industrial processes, medical, and oil & gas industries.

Aperam commits to operate in a responsible way with respect to health, safety and the well-being of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment and of finite resources.

In 2017, Aperam had sales of USD 5.1 billion and steel shipments of 1.94 million tonnes.

The Aperam share is listed on the stock exchanges of Amsterdam, Brussels, Paris, Luxembourg under the symbol APAM and is traded as New York registry shares on the OTCXC under the symbol APEMY.

Aperam was created on 25 January 2011 as the result of the spin-off of the stainless and specialty steels business from ArcelorMittal on 25 January 2011."

Dividend policy

Source: company website, December 2019

"...Aperam’s dividend policy consists of a base dividend, anticipated to progressively increase over time. The Company targets a Net Financial Debt/EBITDA ratio of <1x (through the cycle). In the (unlikely) event that Net Financial Debt/EBITDA exceeds 1x, then the Company will review the dividend policy"