Details of the share and distribution to shareholders
In 2016, an overall performance of 17.5% was achieved with the Allreal share, based on the market price of 31 December 2016. This performance comprises the increase in share price (13.2%) and the distribution to shareholders (4.3%).
In the past three years, investors obtained an annualised overall performance of 15.5% (2014), 1.5% (2015) and 17.5% (2016) with the Allreal share, corresponding to an average constant return of 12.6% p.a.
On 31 December 2016, the Allreal Group’s market capitalisation stood at CHF 2410.3 million. As at the balance sheet date, consolidated equity came to CHF 2086.8 million, resulting in a premium (difference between the market price and equity per share) of 15.5% (31.12.2015: 6.6%).
The Board of Directors will propose to the annual general meeting of 21 April 2017 an unchanged distribution of CHF 5.75 per registered share in the form of a repayment of reserves from contribution of capital (“capital contribution principle”).
The distribution amounts to 81.7% of the net profit excl. profit from revaluation effect, corresponding to a cash yield of 3.8%, based on the closing price of the registered share on 31 December 2016.