Stock fraction final dividend 2007 Aegon N.V. determined at 1/33
On April 23, 2008 the 2007 dividend was approved by shareholders at the Annual General Meeting.[node:field_featured_media:entity:field_media_image]
Shareholders were given the choice to receive the final dividend either in cash or in stock. The final dividend in cash is EUR 0.32 per common share of EUR 0.12 nominal and will be made payable as of May 23, 2008.
Shareholders who elected a final dividend in shares will receive one new Aegon common share for every 33 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 12, 2008 up to and including May 16, 2008. Any remaining fractions of one share will be paid in cash. The value of the stock dividend is 4.0% lower than the cash dividend.
As announced in the press release of March 6, 2008, 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.