All SPP participants who own shares March 31, 2023, are entitled to receive dividend over the shares which they hold at that moment. The gross dividend is set at € 2,85 per share. The net dividend (after withholding 15% Dutch dividend tax) will be deposited into your money account in tOption. A specification is available under PORTFOLIO - DIVIDENDS.
The following options are available for your net dividend:
- transfer the amount received to your personal bank account;
- use the amount received to purchase a full number of shares to add to your share account in tOption (period of choice: first upcoming open period after dividend payment, being 25 April 2023 till 23 May 2023 inclusive);
- leave the amount received in the money account of tOption.
In the event you choose for option 2 any amount not used to purchase a full number of shares (as there might not be enough money available to buy a full share) will remain in your money account and can be used to purchase a full number of shares at the next dividend payment date.
If you don’t make a choice in time to purchase a full number of shares, the net amount will remain in your money account in tOption and can be transferred to your personal bank account at any time. There is no interest payment on your money account in tOption.