Share Information Dividend & Swiss Tax Values

Dividend & Swiss Tax Values

Past dividend payments and Swiss tax values

Dividend

Distribution for the Fiscal Year 2015

The Annual General Meeting on April 29, 2016, approved a distribution of CHF 0.70 per registered share for the financial year 2015.

The election period during which eligible shareholders could make their election on how to receive their distribution for the financial year 2015 ended on June 1, 2016 (12:00 CEST). During the election period, 1,345,280,053 election rights were exercised for the receipt of new Credit Suisse Group AG shares. This resulted in 75,518,134 new Credit Suisse Group AG shares to be issued out of authorized capital, representing 3.8% of the share capital of Credit Suisse Group AG.

The reference share price was calculated based on the five-day average of the daily volume-weighted average prices of the Credit Suisse Group AG shares listed on SIX Swiss Exchange from May 26, 2016 to June 1, 2016, and is CHF 13.85. Less the discount of 10% to the reference share price, the issue price of the new Credit Suisse Group AG shares was CHF 12.47, resulting in a conversion ratio of 1 new share for 17.814 existing shares.

67.8% of the distribution for the financial year 2015 was paid in new Credit Suisse Group AG shares. Election rights not exercised for the receipt of new Credit Suisse Group AG shares during the election period were paid out in cash in the amount of CHF 0.70 per registered share, as decided at the Annual General Meeting on April 29, 2016. For further details, please refer to our AGM website/”Supplementary Information”.

The distribution was made out of reserves from capital contributions. The distribution was free of Swiss withholding tax and was not be subject to income tax for Swiss resident individuals holding the shares as a private investment.

 

Registered share American depositary share
Amount of cash distribution per share 1 CHF 0.70 USD 0.7194
Ex-dividend date May 19, 2016 May 10, 2016
Record date May 20, 2016 2 May 12, 2016
Delivery of new CSG Shares /
Payment of cash distribution 
June 6, 2016 June 13, 2016

The distribution out of capital contribution reserves was free of Swiss withholding tax and was not subject to income tax for Swiss resident individuals holding the shares as a private investment.
To be eligible to receive the distribution for 2015, it was necessary to own the CSG shares on May 18, 2016 (end of day).

Our dividend payment policy seeks to provide investors with a stable and efficient form of capital distribution relative to earnings.

Year Description Registered share in CHF Registered share Payment date ADS in USD ADS Payment Date
2015 Dividend1 2  0.70 2016-06-06 0.7194 2016-06-13
2014 Dividend1 2 0.70 2015-05-21 0.7464 2015-05-29

2013

Dividend1

0.70

2014-05-16

0.7859

2014-05-23

2012

Dividend1 3

0.75

2013-05-06

0.80

2013-05-13

2011

Dividend1 2

0.75

2012-05-23

0.78

2012-05-31

2010

Dividend1

1.30

2011-05-06

1.48

2011-05-13

2009

Dividend

2.00

2010-05-07

1.78

2010-06-15

2008

Dividend

0.10

2009-04-30

0.0958

2009-06-10

2007

Dividend

2.50

2008-05-02

2.3964

2008-06-11

2006

Dividend

2.24

2007-05-10

1.8175

2007-06-08

2006

Par value reduction

0.46

2007-07-18

0.3824

2007-07-24

2005

Dividend

2.00

2006-05-04

1.6509

2006-06-08

2004

Dividend

1.50

2005-05-06

1.2274

2005-06-09

2003

Par value reduction

0.50

2004-07-12

0.3876

2004-07-19

2002

Dividend

0.10

2003-05-02

0.0752

2003-07-02

2001

Par value reduction

2.00

2002-08-14

1.3362

2002-08-19

2000

Par value reduction

2.00

2001-08-15

1.1994

2001-08-20

1999

Dividend

1.75

2000-06-02

1.0600

2000-07-03

1998

Dividend

1.25

1999-06-03

0.8088

1999-07-02

1997

Dividend

1.25

1998-06-04

0.8402

1998-08-17

Note: All amounts represent gross payments and have been adjusted for the 4-for-1 share split effective as of August 15, 2001.

1 Distribution out of reserves from capital contributions
2 Subject to any legal restrictions applicable in their home jurisdiction, shareholders were entitled to elect to either receive new shares of Credit Suisse Group, a cash distribution or a combination thereof.
3 Distribution of CHF 0.10 (Registered share)  USD 0.11 (ADS) in cash and distribution of new shares (stock dividend). 

Swiss Tax Values

The following table contains the tax values of Credit Suisse Group registered shares for tax declarations in Switzerland.

Valor No. Par Value Tax value as per Tax value in CHF
1213853 0.04 31.12.2015 21.69
1213853 0.04 31.12.2014 25.08
1213853 0.04 31.12.2013 27.27
1213853 0.04 31.12.2012 22.26
1213853 0.04 31.12.2011 22.07
1213853 0.04 31.12.2010 37.67
1213853 0.04 31.12.2009 51.20
1213853 0.04 31.12.2008 28.50
1213853 0.04 31.12.2007 68.10
1213853 0.50 31.12.2006 85.25
1213853 0.50 31.12.2005 67.00
1213853 0.50 31.12.2004 47.80 
1213853 1.00 31.12.2003 45.25 
1213853 1.00 31.12.2002 30.00
1213853 3.00 31.12.2001 68.35 
146248 20.00 31.12.2000 312.00