Dividend
Information on the dividend
Telekom Austria's strategy is to maximize cash flow by optimizing performance in operative business, strict cost management and efficient deployment of resources.
For the first time since the initial public offering in 2000, Telekom Austria paid a dividend in 2004 for the financial year 2003 amounting to 50 % of net income.
| Year | AGM | Dividend in EUR | Payout ratio* | Payment date | Dividend ex date | Announcement |
|---|---|---|---|---|---|---|
| 2003 | June 3, 04 | 0.13 | 50 % | June 15, 04 | June 9, 04 |
PDF (38.3 KB) |
| 2004 | May 25, 05 | 0.24 | 65 % | June 6, 05 | May 31, 05 |
PDF (37.8 KB) |
| 2005 | May 23, 06 | 0.55 | 65 % | May 30, 06 | May 26, 06 |
 PDF (37.5 KB) |
| 2006 |
May 30, 07 |
0.75 | 65 % | June 6, 07 | June 4, 07 |
PDF (16.6 KB) |
| 2007 | May 20, 08 | 0.75 | 67 % | May 28, 08 | May 26, 08 |
PDF (17.9 KB) |
* in % of net income
The dividends of Austrian publicly limited companies are generally subjected to a withholding tax deduction (KESt) of 25%.
For natural persons, income tax and possible inheritance tax (for shareholdings under 1% of the nominal capital) are compensated by the withholding tax. Principly, only in case of gifts is there an additional gift tax liability.
The price gain from securities within the legally determined speculative period of one year is subject to income tax. If you sell your TKA stocks again within one year after purchasing them, the price gain must be declared in your income tax statement. If the stocks are sold later on, the profits are tax-free.
