Unilever 2008 Annual Report Download - page 160

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Shareholder information continued
Unilever Annual Report and Accounts 2008 157
Shareholder information
Dividend record
Our interim ordinary dividends are normally announced in November and paid in December. Final ordinary dividends are normally
proposed in February and, if approved by shareholders at the Annual General Meetings, paid in June.
The following tables show the dividends paid by NV and PLC for the last five years, expressed in terms of the revised share
denominations which became effective from 22 May 2006. Dividends have been translated into US dollars at the exchange rates
prevailing on the dates of declaration of the dividend with the exception of the proposed final dividend for 2008 (see below).
Differences between the amounts ultimately received by US holders of NV and PLC shares are the result of changes in exchange rate
between the equalisation of the dividends and the date of payment.
The interim dividend is normally 35% of the previous year’s total normal dividend per share, based on the stronger of our two parent
currencies over the first nine months of the year. Equalisation of the interim dividend in the other currency takes place at the average
exchange rate of the third quarter. Equalisation of the final dividend takes place at the average exchange rate for the full year.
Final dividends for 2008 are payable on 18 June 2009, subject to approval at the AGMs. For purposes of illustration, the amounts
payable in respect of NV New York Registry Shares and PLC ADRs have been translated in the table below at rates of exchange on
4 February 2009, which was the day before the date on which the proposed dividends were announced. The actual amounts payable
in US dollars will be calculated by reference to the exchange rates on the day on which the dividends are approved (14 May 2009 in
the case of NV and 13 May 2009 in the case of PLC).
The dividend timetable for 2008 is shown on page 158.
NV Dividends
2008 2007 2006 2005 2004
Interim dividend per €0.16 (Euros) 0.2600 0.2500 0.2300 0.2200 0.2100
Final dividend per €0.16 (Euros) – 0.5000 0.4700 0.4400 0.4200
Proposed final dividend per €0.16 (Euros) 0.5100––––
One-off dividend per €0.16 (Euros) – – 0.2600 – –
Interim dividend per €0.16 (US Registry) (US dollars) 0.3320 0.3612 0.2934 0.2638 0.2685
Final dividend per €0.16 (US Registry) (US dollars) – 0.7737 0.6363 0.5613 0.5399
Proposed final dividend per €0.16 (US Registry) (US dollars) 0.6537 – – – –
One-off dividend per €0.16 (US Registry) (US dollars) – – 0.3316 – –
PLC Dividends
2008 2007 2006 2005 2004
Interim dividend per 31⁄9p (Pounds) 0.2055 0.1700 0.1562 0.1504 0.1407
Final dividend per 31⁄9p (Pounds) – 0.3411 0.3204 0.3009 0.2849
Proposed final dividend per 31⁄9p (Pounds) 0.4019––––
One-off dividend per 31⁄9p (Pounds) – – 0.1766 – –
Interim dividend per 31⁄9p (US Registry) (US dollars) 0.3301 0.3525 0.2983 0.2655 0.2586
Final dividend per 31⁄9p (US Registry) (US dollars) – 0.6615 0.6357 0.5583 0.5366
Proposed final dividend per 31⁄9p (US Registry) (US dollars) 0.5780––––
One-off dividend per 31⁄9p (US Registry) (US dollars) – – 0.3372 – –
As announced on 5 February 2009, at the 2009 AGMs and at separate Meetings of Ordinary Shareholders we will be proposing resolutions to
authorise the Directors to modify the Equalisation Agreement to facilitate the payment of quarterly dividends from 2010 onwards. This will allow us
to change to a simpler and more transparent dividend practice for the Unilever group. These changes will result in more frequent payments to
shareholders, and better align with the cash flow generation of the business.