The dividend and its date of payment (detachment date) are proposed by the Board of Directors and subject to the shareholder approval at the Annual General Meeting.
To obtain the dividend, you have to have purchased at least one Rallye share 3 business days before the detachment date.
For holders of administered registered shares and bearer shares, your financial intermediary will credit your account according to the number of shares you own.
For holders of ordinary registered shares, BNP will wire the amount to your bank account on the date the dividend is paid.
In order for Rallye to maintain a positive recurring cash-flow equation, the Board of Directors held on March 6, 2017 decided to recommend to the General Annual Meeting of May 10, 2017, an adjusted dividend of €1.40 per share, to be paid on June 9, 2017. Shareholders will have the option to choose a payment in shares.
Rallye’s dividend is expected to vary with the Company’s earnings and the dividend paid by Casino.
The dividend limitation is five years, as defined by civil law. Unclaimed dividends are paid to the State.
Dividends paid in the past years: