Dividends
Nyrstar aims to maximize total shareholder return through a combination of share price appreciation and dividends, whilst maintaining adequate cash flows for growth and the successful execution of the company’s strategy.
| Period |
Dividend per Share |
Ex-dividend Date |
Record Date |
Payment Date |
| Full Year 2012 |
EUR 0.16 |
9 August 2013 |
13 August 2013 |
14 August 2013 |
| Full Year 2011 |
EUR 0.16 |
8 August 2012 |
10 August 2012 |
13 August 2012 |
| Full Year 2010 |
EUR 0.15 |
9 August 2011 |
11 August 2011 |
12 August 2011 |
| Full Year 2009 |
EUR 0.10 |
5 May 2010 |
7 May 2010 |
10 May 2010 |
| Full Year 2008 |
N/A |
N/A |
N/A |
N/A |
| Full Year 2007 |
EUR 0.40 |
- |
- |
7 May 2008 |
No assurance can be given, however, that the Company will make dividend payments in the future. Such payments will depend upon a number of factors, including our prospects, strategies, results of operations, earnings, capital requirements and surplus, general financial conditions, contractual restrictions and other factors considered relevant by the Board of Directors. Pursuant to Belgian law, the calculation of amounts available for distribution to shareholders, as dividends or otherwise, must be determined on the basis of the Company’s non-consolidated Belgian GAAP financial statements.
In accordance with Belgian company law, the Company’s articles of association also require that the Company allocate each year at least 5% of its annual net profits to its legal reserve, until the legal reserve equals at least 10% of the Company’s share capital. As a consequence of these factors, there can be no assurance as to whether dividends or similar payments will be paid out in the future or, if they are paid, their amount.
