Barco’s board of directors will propose to the General Assembly to distribute a gross dividend of 0.378 euro per share. Barco’s shareholders will be offered the choice between payment in cash or dividend in shares, enabling Barco’s shareholders to reinvest in the company.
Chairman of the board, Mr. Charles Beauduin and director, Mr. Frank Donck, have confirmed the intent of respectively Titan Baratto NV and 3D D NV, to opt for the stock dividend. This is year-over-year a stable dividend. Modalities for the dividend as well as ex-, record and payment date will be announced at the latest with the convening of the Annual General Assembly 2021.
The dividend is set by the Board of Directors and subsequently proposed at the Annual General Meeting of shareholders at the end of each fiscal year.
- Board believes that consistency and reliability towards the investment community is key, and considers a consistent dividend pay-out as a key contributor, reflecting the long term confidence in the company & its future growth and opportunities.
- The Board wants to also protect the strong balance sheet of the company and Barco’s capability to invest in the future.
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Barco NV Legal Entity Identifier: 549300N17QCD827TII61
Barco Inc. Legal Entity Identifier: 549300VZHO7QC2YUVO96
Tel: +32 56 23 32 11