Shareholders
Increasing distribution to the shareholders, for 22 years in a row
The company’s distribution policy provides for an annual increase in the distribution to shareholders equal to or higher than inflation.
The Board of Directors relies on:
- the constant, indexed rental flow from existing investment properties;
- the control of the company's operating costs;
- the company's hedging policy, which provides good visibility on interest charges and makes them assessable in the medium term;
- the existing pipeline of project developments;
- the reserves that the company has built up over the years.
For the financial year 2021, the distribution to shareholders was increased for the 22nd time in a row, to €5.31 per share.
| Dividend | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Interim dividend Pay date |
€ 4,25 Dec 2021 |
€ 4,25 Dec 2020 |
€ 3,75 Dec 2019 |
€ 3,75 Dec 2018 |
€ 3,75 Dec 2017 |
| Final dividend Pay date |
€ 0,71 May 2022 |
€ 0,70 May 2021 |
€ 1,10 May 2020 |
€ 1,00 May 2019 |
€ 0,75 May 2018 |
| Total gross dividend | € 4,96 | € 4,95 | € 4,85 | € 4,75 | € 4,50 |
| Capital reduction Pay date |
€ 0,30 Jul 2022 |
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| Distribution from the reserves Pay date |
€ 0,05 Jul 2022 |
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| Total capital reduction | € 0,35 | ||||
| Share price (end of year) | € 122,00 | € 115,50 | € 114,00 | € 91,40 | € 88,72 |
| Total gross payout | € 5,31 | € 4,95 | € 4,85 | € 4,75 |
€ 4,50 |
| Gross dividend margin | 4,4% | 4,3% | 4,3% | 5,2% | 5,1% |
Financial year 2021
On 3 May 2022, the General Meeting and the Extraordinary General Meeting approved the total distribution to shareholders of €5.31 per share, an increase for the 22nd consecutive year.
The distribution to shareholders will consist of the combination of:
- a gross dividend of €4.96 per share. An interim dividend of €4.25 gross per share was already paid on 10 December 2021. The final dividend will be €0.71 gross per share;
- a reduction of shareholders' equity by €0.35 per share. This distribution will in turn consist of a part reduction of capital and a part distribution from the reserves (in accordance with Article 18, paragraph 7 of the WIB/Income Tax Code).
The amounts and dates of the distributions to the shareholders are presented on the right.
Withholding tax
Dividends paid by Home Invest Belgium are subject to a Belgian withholding tax of 30%. A partial or total exemption from withholding tax on dividends can be obtained by shareholders who fulfil specific conditions imposed by law. A capital decrease is in principle exempt from Belgian withholding tax.
| Dividend | Amount | Calendar |
|---|---|---|
| Interim dividend financial year 2021 : Coupon n° 31 | ||
| Ex date | We 08/12/2021 | |
| Record date | Th 09/12/2021 | |
| Payment date | € 4,25 gross | Fr 10/12/2021 |
| Final dividend financial year 2021 : Coupon n° 32 | ||
| Ex date | Mo 09/05/2022 | |
| Record date | Tu 10/05/2022 | |
| Payment date | € 0,71 gross | We 11/05/2022 |
| Total | € 4,96 gross | |
Capital reduction |
Amount |
Calendar |
| Capital reduction : Coupon n° 33 | ||
| Ex date | Mo 09/05/2022 | |
| Record date | Tu 10/05/2022 | |
| Payment date | € 0,30 gross | Mo 25/07/2022 |
| Distribution from the reserves : Coupon n° 34 | ||
| Ex date | Mo 09/05/2022 | |
| Record date | Tu 10/05/2022 | |
| Payment date | € 0,05 gross | Mo 25/07/2022 |
| Total | € 0,35 gross | |
