Investor relations
Share ownership
Dutch Customer Fund
Dividends
Employees of our subsidiaries in the Netherlands and
customers of our supermarket chain, Albert Heijn, are
entitled to invest in units in the AH Vaste Klanten Fonds
("AHVKF"). AEGON Investment Management B.V. is
responsible for investing the assets of the AHVKF. Currently,
approximately half of the funds of the AHVKF are invested
in our common shares listed on Euronext Amsterdam. The
other half of the funds of the AHVKF were invested in short
term deposits with banks. As of year-end 2005, the AHVKF
held 14,434,178 common shares, which is 0.9% of our
outstanding common shares. The Supervisory Board of the
"AHVK" and AEGON Investment Management B.V. issued a
special press release announcing that from January 20,
2006 no new payments from participants will be accepted.
The most important reason for this decision was the pending
settlement of the Securities Class Action for shareholders
like the "AHVK".
Associates Stock Purchase Plan
Our U.S. employees are able to purchase our ADSs through
the Associates Stock Purchase Plan (the "ASPP") in the
U.S. Through the ASPP, employees may choose to purchase
ADSs through voluntary payroll deductions. During 2005,
approximately 608,517 ADSs were purchased by our U.S.
employees pursuant to the ASPP.
I Translated
cash
dividend I dividend I
option I option 1 I
(EUR) I (USD) I Stock dividend option
Financial year 2001
Interim
Final
0.22
0.51
0.20
0.47
1 common share per 100 owned
2 common shares per 100 owned
Total
0.73
0.67
Financial year 2002
Interim
Final
0.22
0.21
1 common share per 100 owned
Total
0.22
0.21
Financial year 2003
Total
Financial year 2004
Total
Financial year 2005
Total
1 For financial years 2002, 2001 and 2000, the translated total U.S. dollar dividend amount consisted of the Euro cash dividend translated into U.S. dollars at the noon
buying rate on the applicable dividend payment date.
224
Prior to fiscal year 2003 we customarily declared dividends
on our common shares twice a year. An interim dividend was
proposed by our Corporate Executive Board and, with the
approval of our Supervisory Board, was generally paid in
September of each year. The proposed total dividend for the
fiscal year was approved by the Annual General Meeting of
Shareholders, which typically has been held in May, and the
second, or final, portion of the total yearly dividend was paid
after this meeting. We declared an interim dividend for
fiscal year 2002 in August 2002 that was paid in
September 2002 out of reserves. On March 5, 2003, we
announced that we would not pay a final dividend on our
common shares for fiscal year 2002 in order to strengthen
our financial position.
We currently do not pay a dividend to common shareholders.
We plan to pay dividends on the cumulative preferred
financing shares in 2006 and we paid an annual dividend
on such shares in 2005, in each case as required by the
terms of such shares.
Any future determination relating to our dividend policy
regarding our common shares will be made at the discretion
of the Corporate Executive Board and our Supervisory Board
and will reflect present performance, future outlook and
balance sheet strength.
The following table gives certain information relating to
dividends declared in the years indicated.
