Summary Info
Ordinary General Assembly Decision for Profit Distribution
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
18.03.2021
Date of Related General Assembly
19.03.2021
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
3 installment
Currency Unit
TRY
Stock Dividend
Will Not Be Paid
The Reason For Applying A Lower Dividend Withholding Rate Than The Current Rate In Calculating Net Amount
Group A shares of our Company are owned by LYY Telekomünikasyon A.Ş. LYY Telekomünikasyon A.Ş. is a fully tax payer corporation, accordingly there will be no withholding tax in the dividend payment. There is 1 Group C share, which is owned by the Republic of Turkey Ministry of Treasury and Finance and does not have the right to get dividend payment according to our Articles of Association.
Information Regarding How To Calculate That Lower Dividend Witholding Rate Than The Current Rate
Group A shares of our Company are owned by LYY Telekomünikasyon A.Ş. LYY Telekomünikasyon A.Ş. is a fully tax payer corporation, accordingly there will be no withholding tax in the dividend payment. There is 1 Group C share, which is owned by the Republic of Turkey Ministry of Treasury and Finance and does not have the right to get dividend payment according to our Articles of Association.
Cash Dividend Payment Amount and Rates
Share Group Info
Payment
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)
Withholding Rate (%)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
A Grubu, İşlem Görmüyor, TRETTLK00021
1. Installment
0,1783366
17,83366
0
0,1783366
17,83366
A Grubu, İşlem Görmüyor, TRETTLK00021
2. Installment
0,1783366
17,83366
0
0,1783366
17,83366
A Grubu, İşlem Görmüyor, TRETTLK00021
3. Installment
0,1783366
17,83366
0
0,1783366
17,83366
A Grubu, İşlem Görmüyor, TRETTLK00021
TOTAL
0,5350098
53,50098
0
0,5350098
53,50098
B Grubu, İşlem Görmüyor, TRETTLK00039
1. Installment
0,1783366
17,83366
15
0,1515861
15,15861
B Grubu, İşlem Görmüyor, TRETTLK00039
2. Installment
0,1783366
17,83366
15
0,1515861
15,15861
B Grubu, İşlem Görmüyor, TRETTLK00039
3. Installment
0,1783366
17,83366
15
0,1515861
15,15861
B Grubu, İşlem Görmüyor, TRETTLK00039
TOTAL
0,5350098
53,50098
15
0,4547583
45,47583
C Grubu, İşlem Görmüyor, TRETTLK00047
1. Installment
0,0000000
0
0
0,0000000
0
C Grubu, İşlem Görmüyor, TRETTLK00047
2. Installment
0,0000000
0
0
0,0000000
0
C Grubu, İşlem Görmüyor, TRETTLK00047
3. Installment
0,0000000
0
0
0,0000000
0
C Grubu, İşlem Görmüyor, TRETTLK00047
TOTAL
0,0000000
0
0
0,0000000
0
D Grubu, TTKOM, TRETTLK00013
1. Installment
0,1783366
17,83366
15
0,1515861
15,15861
D Grubu, TTKOM, TRETTLK00013
2. Installment
0,1783366
17,83366
15
0,1515861
15,15861
D Grubu, TTKOM, TRETTLK00013
3. Installment
0,1783366
17,83366
15
0,1515861
15,15861
D Grubu, TTKOM, TRETTLK00013
TOTAL
0,5350098
53,50098
15
0,4547583
45,47583
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
1. Installment
01.04.2021
01.04.2021
05.04.2021
02.04.2021
2. Installment
01.07.2021
01.07.2021
05.07.2021
02.07.2021
3. Installment
01.10.2021
01.10.2021
05.10.2021
04.10.2021
(1) The date that the dividend will be paid and the share will start trading without dividend right (proposed).
(2) The date that the dividend will be paid and the share will start trading without dividend right (finalized).
(3) Date of entry to the accounts of the shareholders whose shares are traded on the stock exchange.
(4) Date of determination of the right holders of the type of shares traded on the stock exchange.
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
A Grubu, İşlem Görmüyor, TRETTLK00021
0
0
B Grubu, İşlem Görmüyor, TRETTLK00039
0
0
C Grubu, İşlem Görmüyor, TRETTLK00047
0
0
D Grubu, TTKOM, TRETTLK00013
0
0
Additional Explanations
The details of the dividend distribution announced on the Public Disclosure Platform dated 18 March 2021 were discussed and approved at the General Assembly Meeting of our Company held on 19 March 2021. It has been decided that the dividend distribution to our shareholders shall be made in 3 equal installments on 1 April 2021, 1 July 2021, 1 October 2021.
Supplementary Documents
Appendix: 1
TÜRK TELEKOMÜNİKASYON A.Ş. 2020 Kar Dağıtım Tablosu_TR.pdf
Appendix: 2
TÜRK TELEKOMÜNİKASYON A.Ş. 2020 Dividend Distribution Table.pdf
Appendix: 3
Pay Başına Temettü Bilgileri 2020.pdf
Appendix: 4
Dividend Per Share Table_2020.pdf
DIVIDEND DISTRIBUTION TABLE
TÜRK TELEKOMÜNİKASYON A.Ş. 01.01.2020/31.12.2020 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
3.500.000.000
2. Total Legal Reserves (According to Legal Records)
2.706.811.807
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
3.801.941.000
862.181.953
4. Taxes Payable (-)
624.068.000
0
5. Net Current Period Profit
3.177.873.000
862.181.953
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. Net Distributable Current Period Profit
3.177.873.000
862.181.953
Dividend Advance Distributed (-)
0
Dividend Advance Less Net Distributable Current Period Profit
0
9. Donations Made During The Year ( + )
61.571.359
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
3.239.444.359
11. First Dividend to Shareholders
647.888.872
* Cash
647.888.872
* Stock
0
12. Dividend Distributed to Owners of Privileged Shares
0
13. Other Dividend Distributed
0
* To the Employees
0
* To the Members of the Board of Directors
0
* To Non-Shareholders
0
14. Dividend to Owners of Redeemed Shares
0
15. Second Dividend to Shareholders
623.276.128
16. Secondary Legal Reserves
169.753.500
17. Statutory Reserves
0
18. Special Reserves
0
19. Extraordinary Reserves
1.736.954.500
20. Other Distributable Resources
601.370.000
Dividend Payment Rates Table
Share Group
CASH DIVIDEND AMOUNT (TL) - NET
STOCK DIVIDEND AMOUNT (TL)
TOTAL DIVIDEND AMOUNT (TL) / NET DISTRIBUTABLE CURRENT PERIOD PROFIT (%)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (TL)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (%)
A Grubu
1.029.894.250
0
32,41
0,53501
53,501
B Grubu
477.496.425
0
15,03
0,45476
45,476
C Grubu
0
0
0
0
0
D Grubu
238.748.212,5
0
7,51
0,45476
45,476
TOTAL
1.746.138.887,5
0
54,95
Dividend Rate Table Explanations

Note: The ratio of gross dividend to net distributable income is 59%.

*Group A shares of our Company are owned by LYY Telekomünikasyon A.Ş. LYY Telekomünikasyon A.Ş. is a fully tax payer corporation, accordingly there will be no withholding tax in the dividend payment.

** Group B shares of our Company are owned by the Republic of Turkey Ministry of Treasury and Finance and Turkish Wealth Fund. The Republic of Turkey Ministry of Treasury and Finance is subject to withholding tax. Turkish Wealth Fund is not subject to withholding tax.

*** There is 1 Group C share, which is owned by the Republic of Turkey Ministry of Treasury and Finance and does not have the right to get dividend payment according to our Articles of Association.

**** As the 15% of the total capital are traded in the Borsa Istanbul, our Company is not able to idenfify shareholders as "limited or fully tax payer, real person or legal person". Gross and net dividend calculation for this group is made on the assumption that all of the Group D shares are subject to withholding tax.