The main principle underlying the Boskalis dividend policy is to distribute 40% to 50% of net profit from ordinary operations as dividend, while pursuing a stable long-term development of dividend. The choice of dividend form (in cash and/or fully or partly in shares) takes into account the company’s desired balance sheet structure as well as the interests and wishes of the shareholders.
Given this policy and the solid balance sheet position, the proposal was to pay a cash dividend of EUR 0.50 per share, equal to 43% of the net profit and stable compared to 2021. This proposal was approved by the Annual General Meeting of Shareholders on 12 May 2022. The dividend will be payable from 24 May 2022.