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Philips Announces 2024 Dividend Exchange Ratio

Story Highlights
  • Philips set the 2024 dividend exchange ratio at 1 new share for every 23.6353 existing shares.
  • Philips will issue 22,980,748 new shares, with dividends distributed from June 6, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Philips Announces 2024 Dividend Exchange Ratio

Confident Investing Starts Here:

The latest update is out from Koninklijke Philips ( (PHG) ).

On June 5, 2025, Royal Philips announced the exchange ratio for its 2024 dividend, set at 1 new common share for every 23.6353 existing shares, based on the average share price on Euronext Amsterdam. This decision results in the issuance of 22,980,748 new shares, with shareholders having the option to receive dividends in shares or cash, subject to conditions. The cash election was 41.4%, below the 50% threshold, allowing shareholders to receive dividends as per their choice. The distribution of new shares and cash dividends will commence on June 6, 2025, increasing the total issued share capital to EUR 192,584,026, representing 962,920,132 common shares.

The most recent analyst rating on (PHG) stock is a Buy with a $30.30 price target. To see the full list of analyst forecasts on Koninklijke Philips stock, see the PHG Stock Forecast page.

Spark’s Take on PHG Stock

According to Spark, TipRanks’ AI Analyst, PHG is a Neutral.

The overall stock score for Koninklijke Philips is 48, reflecting significant financial challenges with declining revenues and net losses. Despite a stable balance sheet and positive cash flows, the stock faces weak technical momentum and unattractive valuation. The earnings call highlighted innovation strengths and resilience in EBITA margin but also underscored risks from tariffs and the Chinese market. Recovery potential hinges on operational improvements and revenue growth.

To see Spark’s full report on PHG stock, click here.

More about Koninklijke Philips

Royal Philips is a leading health technology company headquartered in the Netherlands, focusing on improving health and well-being through innovative solutions. The company specializes in diagnostic imaging, ultrasound, image-guided therapy, monitoring, enterprise informatics, and personal health. Philips operates globally, with sales and services in over 100 countries, generating EUR 18 billion in sales in 2024 and employing approximately 67,200 people.

Average Trading Volume: 1,065,361

Technical Sentiment Signal: Sell

Current Market Cap: $21.32B

See more data about PHG stock on TipRanks’ Stock Analysis page.

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