The interim dividend in cash is EUR 0.30 per share of EUR 0.12 nominal and will be payable as of September 14, 2007.
[node:field_featured_media:entity:field_media_image]On August 9, 2007 Aegon N.V. declared an interim dividend for the financial year 2007. Shareholders were given the choice to receive their interim dividend either in cash or in stock. The interim dividend in cash is EUR 0.30 per share of EUR 0.12 nominal and will be payable as of September 14, 2007.
Shareholders who elected an interim dividend in Aegon shares will receive one new Aegon common share for every 47 common shares. The stock fraction has been based on the average share price on the Euronext Amsterdam stock exchange over the period from September 3 up to and including September 7, 2007. Any remaining fractions of one share will be paid in cash. The value of the stock dividend is 5.6% lower than the cash dividend.
Aegon will repurchase shares to neutralize the dilutive effect of this stock dividend. These repurchases will be in addition to the Group's EUR 1 billion share repurchase program as announced on August 9, 2007. Going forward, Aegon aims to increase its dividend payment to shareholders in relation to the development of the Group's capital position and cash flows.