The proposed dividend policy was accepted at the General Meeting of Shareholders on 12 March 2015. This policy means that with effect of the 2014/2015 financial year SnowWorld N.V. will pay out a dividend payout ratio of approximately 30% to 50% of the result after tax. There is a possibility of proposing an optional dividend (cash dividend or stock dividend).
During the shareholders' meeting of 11 March 2016 the dividendproposal for 2014/2015 was adopted. Click here for the content and implementation of the approved proposal.
During the shareholders' meeting of 17 March 2017 the dividendproposal for 2015/2016 was adopted. Click here for the content and implementation of the approved proposal.
An optional dividend of € 0.40 per share will be proposed to the General Meeting of Shareholders to be held on 16 March 2018. The choice is between € 0.40 in cash or 1 new share in 21 existing shares. The proposed dividend implies a pay-out percentage of 40.0%.