(32) Featured statistic: 3.5 per cent

Foreign investors hold a part of Dutch quoted equities. Almost EUR 10 billion was paid out in dividends on these equities last year (see chart), representing a return of around 3.5%. 

Conversely, Dutch residents (notably pension funds) also receive dividends on their foreign equities. In 2005 the dividends received amounted to almost EUR 7 billion, a dividend yield of approximately 2.2%. 

Dividend yield, unlike total return on investment, takes no account of price increases resulting from retained profits. This could explain the low dividend yield on foreign equities: Dutch enterprises may pursue a different dividends policy to that of the foreign enterprises favoured by Dutch institutional investors.

Graph - Dividends received and paid in million euros