Dividend

How much is Covivio’s dividend?

This year, the amount of Covivio’s dividend to be proposed by the General Meeting of 17 April 2025, is €3.50 per share.

The Dividend break downs as such :

• A gross amount of €0.7035  paid out from Covivio’s earnings exempt from corporate income tax in accordance with the SIIC regime. It is therefore not eligible for the 40% tax rebate
• A gross amount of €1.7827 paid out from Covivio’s earnings not exempt from corporate income tax. This part of the dividend is not eligible for the 40% tax rebate except if the beneficiary opts for taxation at the sliding income tax scale.
• A gross amount of €1.0138 paid out fromthe contribution premium, considered as a reimbursement of contributionaccording to article 112-1° of the CGI (Code Général des Impôts : French Tax Code). This part of dividend is not subject to taxes.

The two parts of dividend paid out of Covivio’s earnings (gross amounts 1 and 2 above) are subject to tax deductions withheld at source: income tax prepayment of 12.8%* (if the shareholder has not sent in a request for exemption) and social security contributions at a rate of 17.2%, representing a total deduction of 30% withheld at source. In this way:

• the net amount received by a Covivio shareholder who has not sent in a request for exemption will be €2.7541 per share, after deducting €2.4862 x 30% of deductions withheld at the source,
• the net amount received by a Covivio shareholder who has sent in a request for exemption will be €3.0724 per share, after deducting €2.4862 x 17.2% of deductions withheld at the source.

* The 12.8% income tax prepayment is deducted when the dividend is paid. If the beneficiary opts for taxation at the sliding income tax scale, this 12.8% deduction is set off against the income tax due for the year that the dividends are received. If it exceeds the tax due, the surplus will be returned. As a result, the prepayment deducted in 2025 will be set off against the taxes due in 2026 on the basis of the revenues received in 2025. If the beneficiary does not opt for taxation at the sliding income tax scale, the income tax prepayment in 2025 is definitive.

The taxation mentionned in this page applies to French resident taxpayer.

What is the schedule of Covivio dividend ?

• 17 April 2025: General Meeting
• 30 April 2025: Detachment of coupon
• 5 May 2025: Dividend payment