In recent years the Altarea dividend has posted regular growth.
Our dividend policy is based on an analysis that takes account of regulatory constraints, related in particular to the SIIC regime, dividends paid historically, and the Group’s financial position and results.
It will be maintained in line with previous years.
For the 2018 financial year, the shareholders at the General Shareholders' Meeting on 23 May 2019 approved the payment of a dividend of €12.75 per share, payable in cash or in shares, with payment in shares being limited to one half of the dividend.
Forms of holding
Direct registered shares
Managed registered shares
Direct registered shares: your shares are registered directly and only with Altarea, enabling us to offer you a more personalised service. Your shares are registered in a securities account held with CACEIS Corporate Trust, the securities services manager for Altarea.
This type of ownership has several advantages:
- Exemption from custody and management fees
- Free access to an OLIS website specifically for registered shareholders. This gives you access to information about your shares and also allows you to place orders and vote at General Shareholders' Meetings
- Brokerage fees are 0.3% excluding VAT of the gross transaction amount*, with a minimum charge of €10 excluding VAT, on all transactions carried out online via OLIS
- Direct payment of dividends into your account
*This percentage does not include the transaction tax of 0.30% of the gross transaction amount on share purchases, paid in full to the French Treasury.
Bearer shares: bearer shares are managed by your financial intermediary (brokerage firm, bank or online broker). Altarea is not privy to this information.
Managed registered shares: you may decide that you want your financial intermediary to hold and manage your share portfolio. However, your shares are registered with Altarea, so we can still identify you.
To answer your questions
Altarea Cogedim Investors Department
8 Avenue Delcassé 75008 Paris
For the management of direct registered shares:
CACEIS Corporate Trust
14 Rue Rouget de Lisle
92130 ISSY LES MOULINEAUX
01 57 78 34 44 - firstname.lastname@example.org