Roche Holding AG has officially declared a notable increase in its dividend for the 2024 financial year, underlining its strong financial performance and commitment to shareholder value. Shareholders will receive CHF 9.70 per share, an uptick from the previous year. This increase was formally approved at Roche’s Annual General Meeting held on 25 March 2025, with payments set to begin on Monday, 31 March 2025.
Dividend Details and Withholding Tax Considerations
The gross dividend of CHF 9.70 per share reflects Roche’s confidence in its financial health. However, investors should be aware of the Swiss statutory withholding tax of 35%, reducing the net dividend to CHF 6.305 per share. Payments will be processed through custodian banks, such as UBS Switzerland Ltd., and will apply to both Roche’s registered shares and non-voting equity securities (Genussscheine).
Financial Strength and Sustainability
This dividend increase is supported by Roche’s strong cash generation. The company reported a 34% increase in operating free cash flow, reaching CHF 20.1 billion in 2024. This robust financial foundation ensures that the dividend distribution is sustainable and does not hinder Roche’s ongoing investments in its core business sectors, particularly pharmaceuticals and diagnostics.
Navigating the Withholding Tax Landscape
Shareholders—especially international investors—must consider the implications of Switzerland’s withholding tax. While a 35% tax is initially applied, Double Tax Agreements (DTAs) between Switzerland and many countries allow eligible foreign investors to reclaim a portion of that tax, often reducing it to 15%. In practical terms, this means CHF 1.94 per share may be reclaimable from the CHF 9.70 gross dividend.
How Global Tax Recovery Can Help
Reclaiming this withheld tax can be a complicated process, involving detailed documentation and interaction with tax authorities. Global Tax Recovery specializes in helping investors navigate this process. Their comprehensive services include filing claims, managing paperwork, and ensuring timely communication with tax offices. This expertise can be invaluable in maximizing returns and avoiding administrative headaches.
Final Thoughts
Roche Holding AG’s increased dividend is a testament to its financial resilience and dedication to rewarding shareholders. However, to make the most of this payout, investors must actively manage the challenges of international withholding tax. Partnering with a professional firm like Global Tax Recovery can ensure that shareholders receive their full entitled benefits efficiently and without unnecessary stress.
Do not hesitate to contact Global Tax Recovery if you need assistance reclaiming your withheld dividends or have questions about the process.