American Depository Receipts
In the United States, E.ON shares trade through American Depositary Receipts (ADR) in the over-the-counter (OTC) market. The E.ON ADRs are quoted on OTC Pink under ticker EONGY.
E.ON’s ADR program gives U.S. investors the opportunity to buy E.ON shares and hold them through a receipt which trades and settles like any U.S. share. ADRs are quoted in U.S. dollars and dividends are also paid in U.S. dollars, a significant advantage for U.S. investors. ADR holders can vote at shareholder meetings, participate in profit sharing and receive the relevant company information.
One (1) E.ON ADR is equivalent to one (1) E.ON ordinary share.
Citibank acts as depositary bank for E.ON’s ADR program. Detailed information on E.ON’s ADR program is available from Citibank and via Citibank’s ADR Investor Contact: Telephone: +1 877 248 4237*, e-mail: firstname.lastname@example.org.
You can find details on the quotes and trading activity of the E.ON ADR on OTC Markets.
*Please note that calls may incur costs.
Dividend for ADRs
The 2020 Annual General Meeting on May 28, 2020 approved a cash dividend of EUR 0.46 per share for the 2019 financial year.
After withholding the capital gains tax of 25 percent and an additional 5.5 percent solidarity surcharge (a total of 26.375 percent) a dividend amount of 0.3774870 USD per ADR (due to the exchange rate USD/Euro of 1.1146) was paid on June 8, 2020.1)