ASMI aims to pay a sustainable annual dividend. Annually, the Supervisory Board, upon proposal of the Management Board, will assess the amount of dividend that will be proposed to the Annual General Meeting of Shareholders (AGM). The decision that a dividend be proposed to the AGM will be subject to the availability of distributable profits as well as retained earnings and may be affected by our potential future funding requirements. Accordingly, dividend payments may fluctuate and could decline or be omitted in any year.
A regular dividend of €2.50 per common share has been paid over 2021. The regular dividend increases 25% compared to the regular dividend paid over 2020 of €2.00 per common share.
The dividend over 2021 marked the 12th consecutive year that ASMI has paid a dividend. Our dividend has steadily increased over time. Over 2018, we paid a dividend of €1.00 per common share. Over 2019, we paid total dividends of €3.00 per common share, consisting of a regular dividend of €1.50 per share, and an extraordinary dividend of €1.50 per share. Over 2020, the dividend was €2.00 per common share.
In addition to the regular dividend, on August 10, 2018, ASMI distributed €4.00 per common share to its shareholders through a tax efficient repayment of capital. The ex-date of the distribution was August 7, 2018.
The proposal for this capital repayment was initially announced on February 28, 2018, and approved by the 2018 AGM.
In July 2013, ASMI distributed €4.25 per ordinary share to its shareholders. This followed on the sale of 12% of the total shares in ASMPT in March 2013. The extraordinary return of capital in 2013 was in addition to the dividend paid that year.