Dutchtenor schreef op 29 februari 2024 11:03:
Echt teleurstellend en kwalijk dat het
lange termijn dividend beleid plotsklaps is verdwenen en gewijzigd in een Shareholder return policy. Op de Website is het nu ook aangepast, geen stabiel groeiend dividend meer, maar dividend in combinatie met Share Purchase.
Uit het 2022 jaarrapport: Cash dividend of US$1 per ordinary share paid, 13% yearon-year increase and representing c. 7% yield.
"13% yearon-year increase and representing c. 7% yield" daar kunnen ze geen goede sier meer mee maken.
En van het lange termijn dividend beleid in 2022 is niets meer over;
DIVIDEND POLICY & CAPITAL ALLOCATION
The Company’s policy is to maintain a stable dividend,
which grows over time. Determination of the dividend is
based on the Company’s assessment of its underlying cash
flow position. Regarding capital allocation, the Company
prioritizes payment of the dividend, followed by the
financing of growth, with the option thereafter to
repurchase shares, depending on residual financial capacity
and cash flow outlook. As part of the Company’s regular
planning process, following review of its cash flow position
and forecast, the Company proposes to pay out a dividend
of US$1.10 per share, equivalent to c. US$200 million, to be
paid out of retained earnings. This dividend will be
proposed at the Annual General Meeting on April 13, 2023.
This represents an increase of 10% compared to the US$1
dividend per share paid in 2022.
Dat is nu dus geworden;
The Company's shareholder return policy is to maintain a stable annual cash return to shareholders which grows over time, with flexibility for the Company to make such cash return in the form of a cash dividend and the repurchase of shares.
Daar zullen ze wel vragen over gaan krijgen, maar daar zullen ze zich wel uit kunnen praten. Ik vind het teleurstellend dat een lt beleid wordt aangepast.