Dividend and capital return

We have returned €2.4 billion in cash to our shareholders since 2001.

Our Board of Directors approved a dividend policy, effective from 2013, aiming to increase dividend payments progressively with a medium-term target payout ratio of 35-45 percent on comparable net profits.

DIVIDEND RETURN
Record date Payable Amount Write off
18 May 2001 12 June 2001 GRD401 31 December 2006
20 May 2002 10 June 2002  €0.12 31 December 2007 
6 June 2003 23 June 2003  €0.13 31 December 2008 
11 June 2004 21 June 2004  €0.13 31 December 2009 
17 June 2005 8 July 2005  €0.19 31 December 2010 
21 June 2006 29 June 2006  €0.20 31 December 2011
21 June 2007 2 July 2007  €0.21 31 December 2012
24 June 2008 3 July 2008  €0.25 31 December 2013 
24 June 2009 29 June 2009  €0.2804652 31 December 2014
25 June 2010 1 July 2010  €0.3025482 31 December 2015
28 June 2013 23 July 2013  €0.34  n/a
11 June 2014 29 July 2014  €0.354  n/a
3 July 2015 28 July 2015  €0.36  n/a
1 July 2016 26 July 2016 €0.40 n/a

 

2001-2007 amounts are adjusted for the one-for-two bonus share offer on 13 November 2007

1 equivalent to €0.12

2 the dividend is subject to a 10% withholding tax in accordance with Article 18 of Law 3697/2008

CAPITAL RETURN
Record date Payable Amount
28 November 2003 5 December 2003 €2.00
27 November 2009 2 December 2009 €1.50
15 June 2011 21 June 2011 €0.50
3 August 2012 8 August 2012 €0.34