Stock fraction final dividend 2006 Aegon N.V. determined at 1/52
The final dividend in cash is EUR 0.31 per common share of EUR 0.12 nominal and will be made payable as of May 23, 2007.[node:field_featured_media:entity:field_media_image]
On April 25, 2007 the proposed 2006 dividend was approved by the shareholders at the Annual General Meeting. Shareholders were given the choice to receive the final dividend either in cash or in stock. The final dividend in cash is EUR 0.31 per common share of EUR 0.12 nominal and will be made payable as of May 23, 2007.
Shareholders who elected a final dividend in Aegon shares will receive one new Aegon common share for every 52 common shares. The stock fraction has been based on the average price for the Aegon share on the Euronext Amsterdam stock exchange over the period from May 10, 2007 up to and including May 16, 2007. Any remaining fractions of one share will be paid in cash. The value of the stock dividend is 5.1% lower than the cash dividend.
As announced in the press release of March 8, 2007, Aegon will purchase shares on the open market to neutralize the effect of the stock dividend. Going forward, Aegon aims to increase dividends in relation to the development of capital position and cash flows.