The dividend for the year 2019 approved by the shareholders at the General Meeting of 22 April 2020, amounts to €4.80 per share.
The Geneal Meeting also proposed the option to receive the dividend in shares, on the basis of a price corresponding to 90% of the average share price of the 20 market days before the General Meeting of April 22, less the dividend.
The Dividend of €4.80 break downs as such :
Two tax deductions withheld at source are applied on the dividend (gross amount before deduction): 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 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 2018 will be set off against the taxes due in 2019 on the basis of the revenues received in 2018. If the beneficiary does not opt for taxation at the sliding income tax scale, the deduction is finale.
The taxation mentionned in this page applies to French resident taxpayer.
Find here the main informations about Covivio dividend.
|For 2016 activity||For 2017 activity||For 2018 activity||For 2019 activity|
|Dividend €/share||4,40 €||4,50 €||4,60 €||4,80 €|
|– SIIC dividend||2,86 €||4,50 €||4,452 €||4,0494 €|
|– Non-SIIC dividend||0,51 €||0||0,1479 €||0,7506 €|
|– Additional paid-in capital||1,03 €||0||0||0|