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WILLEMSTAD, Curacao, Jan. 19, 2021 /PRNewswire/ Retail Holdings N.V. (Symbol: RHDGF) Retail Holdings N.V. ( Retail Holdings or the Company ) announced that the Retail Holdings Board of Directors has approved a distribution of $1.05 per common Share of the Company. Both the record date and the payment date for the distribution will be February 10, 2021. The $1.05 distribution will bring total dividends and distributions paid to Shareholders from inception of the dividend/distribution program in 2007 to $38.30.
The $1.05 per Share distribution represents approximately 81% of Retail Holdings closing stock price on January 15, 2021. Pursuant to FINRA rules, when a distribution is declared in a per share amount that exceeds 25% of a company s stock price, the date on which that company s shares will begin to trade without the distribution, or ex-distribution, is the first business day following the payment date. The Company anticipates that