Aperam announces dividend payment schedule for 2011
Aperam, a leading producer of stainless and specialty steels, announces its detailed dividend payment schedule for 2011, following approval in principle by a general meeting of the Company held on 21 January 2011 of the payment of an interim dividend of US$0.75 per Company share. The dividend will be paid in four equal quarterly installments of US$0.1875 (gross) per share.
Quarterly payments of US$0.1875 per share will occur on 30 March, 14 June, 12 September and 12 December 2011.
Dividends are announced in US dollars. They are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares and paid in Euros for shares listed on the European Stock Exchanges (Netherlands, France, Luxembourg).
Dividends to be paid in Euros are converted from US dollars to Euros based on the European Central Bank exchange rate at the date mentioned in the table below.
A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.
1st Quarter 2011 USA, Netherlands, France, Luxembourg
Ex-Dividend
10 March
Record Date
14 March
Payment Date
30 March
FX Exchange Date:
09 March
2nd Quarter 2011 USA, Netherlands, France, Luxembourg
Ex-Dividend
20 May
Record Date
24 May
Payment Date
14 June
FX Exchange Date:
19 May
3rd Quarter 2011 USA, Netherlands, France, Luxembourg
Ex-Dividend
19 August
Record Date
23 August
Payment Date
12 September
FX Exchange Date:
18 August
4th Quarter 2011 USA, Netherlands, France, Luxembourg
Ex-Dividend
18 November
Record Date
22 November
Payment Date
12 December
FX Exchange Date:
17 November