Philips 2005 Annual Report Download - page 229

Philips Annual Report 2005 229
Dividend policy
Philips aims for a sustainable dividend refl ecting, over time,
a distribution of 25 to 35% (the latter up from 30% last year)
of continuing net income. The dividend paid over the last
ten years is shown in the graph below.
Dividend paid (from prior-year profi t distribution)
0.50
0.40
0.30
0.20
0.10
0
'97 '98 '99 '00 '01 '02 '03 '04 '05 '06*
in euros
0.18
0.23
0.25
0.30
0.36 0.36 0.36 0.36
0.40
0.44
* subject to approval at the 2006 Annual General Meeting of Shareholders
Dividend to shareholders
Shares of Koninklijke Philips Electronics N.V. (‘Royal Philips
Electronics’) will be traded ex-dividend as of March 31,
2006. In compliance with the listing requirements of the
New York Stock Exchange and the stock market of Euronext
Amsterdam, the record dates will be April 4, 2006 for
holders of American shares of New York Registry, and
March 30, 2006 for other Philips shares.
The dividend as proposed to the General Meeting of
Shareholders will be payable as of April 10, 2006 to all
shareholders. The dividend payment to holders of American
shares will be made in USD at the USD/EUR rate fi xed
by the European Central Bank on April 5, 2006.
Dividend dates
Ex- dividend date Record date Payment date
Amsterdam
shares March 31, 2006 March 30, 2006 April 10, 2006
New York
shares March 31, 2006 April 4, 2006 April 10, 2006
Share repurchase program s
Philips completed a share repurchase program in the
fi rst half of 2005 and announced another share repurchase
program on August 15, 2005. For more information see the
section Other information on page 117 of this Annual Report.
Financial calendar
Annual General Meeting of Shareholders
Record date Annual General Meeting of
Shareholders March 23, 2006
Annual General Meeting of Shareholders March 30, 2006
Quarterly reports 2006
First quarterly report 2006 April 18, 2006
Second quarterly report 2006 July 17, 2006
Third quarterly report 2006 October 16, 2006
Fourth quarterly report 2006 January 22, 2007
1)
Divisional analyst days 2006
Analyst day 1 May 31, 2006
1)
Analyst day 2 September 20, 2006
1)
Analyst day 3 December 5, 2006
1)
2007
Publication of 2006 results January 22, 2007
1)
Publication of the Annual Report 2006 February 19, 2007
1)
Annual General Meeting of Shareholders March 29, 2007
1)
1) These dates are subject to fi nal confi rmation
Shareholders Communication Channel
Philips is continuously striving to improve relations with
its shareholders. For instance, Philips was one of the
key companies in the establishment of the Shareholders
Communication Channel – a project of Euronext
Amsterdam, banks in the Netherlands and several
major Dutch companies to simplify contacts between
a participating company and its shareholders.
Philips will use the Shareholders Communication Channel
to distribute the Agenda for this year’s General Meeting
of Shareholders as well as an instruction form to enable
proxy voting at said meeting.
For the General Meeting of Shareholders on March 30,
2006 a record date (being March 23, 2006) will apply:
those persons who on March 23, 2005 hold shares in
the Company and are registered as such in one of the
registers designated by the Board of Management for
the General Meeting of Shareholders will be entitled
to participate and vote at the Meeting.