144 Dividend Ahold Annual Report 2011 Groupata glance Performance Governance Financials Investors Ahold reinstated its annual dividend in 2007 and announced that it intended to increase future annual dividends while meeting the capital needs of the business and maintaining an efficient investment grade capital structure. For the 2007 financial year, we paid a cash dividend of €0.16 per common share; for the 2008 financial year, we paid €0.18 per common share; and for the 2009 financial year, we paid €0.23 per common share. For the 2010 financial year, a cash dividend of €0.29 per common share was approved by the annual General Meeting of Shareholders on April 20, 2011, and paid on May 3, 2011. On November 212011Ahold announced a new dividend policy stating that we intend to increase the dividend payout ratio to 40-50 percent of adjusted income from continuing operations. The announced dividend for the 2011 financial year of €0.40 per common share will be proposed to shareholders at the annual General Meeting of Shareholders to be held on April 17, 2012. Dividends on cumulative preferred financing shares Ahold paid an annual dividend on cumulative preferred financing shares in 2011 and plans to pay dividends on these shares in 2012 as required by the terms of the shares.

Jaarverslagen | 2011 | | pagina 50