Dividend distribution policy

The dividend distribution policy is determined by EDF’s Board of Directors.
It takes into account the Group’s investment needs, the economic context and any other factor considered to be relevant.

Interim dividend for 2016 fiscal year

At its meeting today, the Board of Directors of EDF declared a 2016 interim dividend of €0.501 per share and offered, under the conditions set by the fourth resolution at the Combined General Meeting of May 12, 2016, the option for shareholders to receive the 2016 interim dividend in cash or in new shares of the Company.
The share price for the new shares which will be issued as payment of the 2016 interim dividend is set by the Board of Directors at €9.622. Shares issued in this way will carry immediate dividend rights and will accordingly give the right to any distribution decided from the date they are issued. An application will be made to admit the new shares for trading on the Euronext Paris market.
  • 5 October 2016: Ex-date (date for which the shares are traded ex-dividend)
  • 5 to 21 October 2016 inclusive: Option period for the outstanding balance of the dividend in cash or shares. The option may be exercised on request with authorized financial brokers.
  • 31 October 2016: Payment date
Any shareholder who does not exercise this option within the specified time period will receive the whole of the interim dividend due to them in cash. The date for the payment in cash is set for 31 October  2016.

For shareholders who elect to receive the 2016 interim dividend in shares, the date for the delivery of shares is set for 31 October 2016. If the amount of the 2016 interim dividend for which the option of payment in shares is exercised does not correspond to a whole number of shares, the shareholder will receive the number of shares immediately below, plus a balancing cash adjustment.
1. Excluding loyalty bonus.
2. This price is equal to the average opening price on the Euronext Paris for the twenty trading days preceding 30 September 2016, reduced by the net amount of the interim dividend, with a 10% discount, rounded up to the nearest cent. This price is the minimum price set by the fourth resolution at the Combined General Meeting of 12 May 2016.


Dividend evolution

Payment of dividends

The dividend is attached to a share.
As this is a cash payment, there is no specific procedure to follow; the dividend is credited by your financial intermediary straight into the bank account associated with your share account.

A 10% dividend increase for loyal shareholders

In 2011, the Annual General Meeting adopted the amendment to the articles of EDF with the implementation of a "loyalty bonus" of 10% for shareholders holding their shares in registered form (pure or administered) for at least 2 calendar years continuously.
  • Provision limited to 0.5% of the capital for a single shareholder, at the closing date of the previous financial year
  • The first "loyalty bonus" of 10% has been awarded in 2014 for the dividend distributed for the year 2013
  • The registration of shares in registered form (pure or administered) will have to be effective on 31 December 2016 at the latest to receive the loyalty bonus, which will be provided in respect of the financial year ended on 31 December 2018, in 2019

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