Dividends
Payment history
| Year | Paid dividend (EUR’000) | Dividend per share (EUR) | Dividend payout rate | Dividend yield | Date of the General meeting | Dividend record date | Dividend payout date |
|---|---|---|---|---|---|---|---|
| 2020 | 12,155 | 0.5 | 141.2% | 4.3% | 28.05.2021 | 08.06.2021 | 23.06.2021 |
| 2022 | 12,125 | 0.5 | 18.6% | 6.9% | 24.05.2023 | 02.06.2023 | 16.06.2023 |
On May 24, 2023, the Annual General Meeting of the Company passed a resolution to pay a distribution of EUR0.50 per share on all ordinary shares in total amount of EUR 12,500,000 for the financial year 2022.
DIvidednd Witholding Tax
Since the transfer of corporate seat from the Netherlands (dully performed by September 16, 2022), Astarta commenced operating under Cypriot law by the name of ASTARTA HOLDING PLC as a public limited company registered in Nicosia, Cyprus. There is no Cyprus withholding tax on the dividend payable to non-Cyprus tax resident shareholders of ASTARTA HOLDING PLC. Applicable for the period prior to Transfer from the Netherlands to Cyprus: the dividend payment was subject to the deduction of Netherlands withholding tax at the rate of 15%.
Nevertheless, we strongly recommend each shareholder to consult with their personal legal, tax, and financial advisors to seek additional information on this matter.
Payment history
| Year | Paid dividend (EUR’000) | Dividend per share (EUR) | Dividend payout rate | Dividend yield | Date of the General meeting | Dividend record date | Dividend payout date |
|---|---|---|---|---|---|---|---|
| 2020 | 12,155 | 0.5 | 141.2% | 4.3% | 28.05.2021 | 08.06.2021 | 23.06.2021 |
| 2022 | 12,125 | 0.5 | 18.6% | 6.9% | 24.05.2023 | 02.06.2023 | 16.06.2023 |
On May 24, 2023, the Annual General Meeting of the Company passed a resolution to pay a distribution of EUR0.50 per share on all ordinary shares in total amount of EUR 12,500,000 for the financial year 2022.
Dividend Witholding Tax
Since the transfer of corporate seat from the Netherlands (dully performed by September 16, 2022), Astarta commenced operating under Cypriot law by the name of ASTARTA HOLDING PLC as a public limited company registered in Nicosia, Cyprus. There is no Cyprus withholding tax on the dividend payable to non-Cyprus tax resident shareholders of ASTARTA HOLDING PLC. Applicable for the period prior to Transfer from the Netherlands to Cyprus: the dividend payment was subject to the deduction of Netherlands withholding tax at the rate of 15%.
Nevertheless, we strongly recommend each shareholder to consult with their personal legal, tax, and financial advisors to seek additional information on this matter.