Stock Information

Dividends

Dividend payment

What is a dividend? 

A dividend is the portion of annual net income that the company pays out to its shareholders. The amount to be paid is proposed by the Board of Directors and approved by the shareholders’ meeting. The dividend must be paid within 9 months of the close of the fiscal year. In the case of Veolia Environnement, it is paid after its approval by the shareholders.

To be entitled to a dividend, you must own a share at the so-called “coupon removal” date.

You don’t need to do anything in order to receive your dividend : if you own bearer or administered registered shares, your financial intermediary will pay this automatically into your bank account. If you own pure registered shares, you will receive your dividend by check or credit transfer from Société Générale.

2010 dividend

The Annual General Meeting of Shareholders held on May 17, 2011 has authorized the distribution of a dividend per share of €1.21, payable in cash or in shares of Veolia Environnement.  These new shares will be issued with a discount of 10%. The 2010 dividend will be paid beginning on June 17, 2011.

2012 Tax position

The General Tax Code contains the following measures in the case of dividends distributed by Veolia Environnement to natural persons :

• The tax rate on dividends paid (calculated before deductions) is 13.5% for social security contributions (CSG: 8.2%; CRDS: 0.5%; social security contribution: 4.8%);
• Dividends paid are furthermore subject to income tax on a sliding scale after two deductions:
  - An initial deduction of 40% on the gross amount of the dividends;
  - Followed by an annual general deduction of EUR 1,525 for an individual or EUR 3,050 for a couple.

For more details, please consult your financial consultant or tax adviser.