Dividend Information
For the year ended 2021, the SES Board of Directors has proposed a dividend of €0.50 per A-share and €0.20 per B-share, representing an increase of 25% over the prior year dividend and is consistent with the Board’s commitment to maintain a stable to progressive dividend policy. The dividend, which has been approved at the Annual General Meeting on 7 April 2022, will be paid to shareholders on 21 April 2022.
Dividend payments made to SES shareholders are subject to a Luxembourg withholding tax of 15%. In many instances, depending on the tax domicile of the shareholder, this tax credit can be used to offset other taxes that might be payable by the shareholder. For more information on this subject, shareholders should consult their broker or tax adviser.
The dividend history for the last ten years has been as follows:
| Financial year | Dividend per A-share |
|---|---|
| 2021 | 0.50 |
| 2020 | 0.40 |
| 2019 | 0.40 |
| 2018 | 0.80 |
| 2017 | 0.80 |
| 2016 | 1.34 |
| 2015 | 1.30 |
| 2014 | 1.18 |
| 2013 | 1.07 |
| 2012 | 0.97 |
| 2011 | 0.88 |
Tax Credits
Dividend payments made to SES shareholders are subject to a Luxembourg withholding tax of 15%. In many instances, depending on the tax domicile of the shareholder, this tax credit can be used to offset other taxes that might be payable by the shareholder. For more information on this subject, shareholders should consult their broker or tax adviser.
Official notifications sent to the Autorité des Marchés Financiers (AMF) describing the share buy-back Programme at SES:
Official notice of Share-Buy-Back programme 6 May 2021 (FR)
In accordance with Article 241-4 of the regulations of the AMF, the quantity, cost and average cost of shares bought as part of the Buy-Back Programme are reported as required.