Notice of Dividend Amount • Apr 5, 2024
Notice of Dividend Amount
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| Summary Info | Announcement Regarding the Dividend Distribution Proposal |
| Update Notification Flag | No |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Decision Date | 05.04.2024 |
| Date of Related General Assembly | 02.05.2024 |
| Type of Cash Dividend Payment | Payment In Advance |
| Currency Unit | TRY |
| Stock Dividend | Will Not Be Paid |
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, TRETCEL00012 | Payment In Advance | 2,8531809 | 285,31809 | 10 | 2,5678628 | 256,78628 |
| B Grubu, TCELL, TRATCELL91M1 | Payment In Advance | 2,8531809 | 285,31809 | 10 | 2,5678628 | 256,78628 |
Dividend Dates
| Payment | Proposed Ex-Dividend Date |
Final Ex-Dividend Date |
Payment Date | Record Date |
| Payment In Advance | 05.12.2024 | 09.12.2024 | 06.12.2024 |
(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, TRETCEL00012 | 0 | 0 |
| B Grubu, TCELL, TRATCELL91M1 | 0 | 0 |
Additional Explanations
As per our Company's Articles of Association and Dividend Distribution Policy; our Company's Board of Directors has taken the decision to submit the distribution of our Company's dividend in a gross amount of TRY 6,276,998,060 equivalent of a gross dividend of TRY 2.8531809 (net TRY 2.5678628) per ordinary share with a nominal value of TRY 1 to the shareholders in cash on December 5, 2024, within the scope of the principles set forth in the legislation to the approval of the Ordinary General Assembly of Shareholders for fiscal year 2023, according to the dividend distribution table which has been prepared for the related fiscal years.
Herewith enclosed are the details of the dividend distribution proposal decision taken, the dividend distribution table and dividend per share.
Supplementary Documents
| Appendix: 1 | Ekler.pdf |
| Appendix: 2 | Annex.pdf |
DIVIDEND DISTRIBUTION TABLE
TURKCELL İLETİŞİM HİZMETLERİ A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)
| 1.Paid-In / Issued Capital | 2.200.000.000 |
| 2. Total Legal Reserves (According to Legal Records) | 2.315.682.784 |
| * | Based on CMB Regulations | Based on Legal Records |
| 3. Current Period Profit | 7.878.104.955 | 2.328.965.870 |
| 4. Taxes Payable (-) | -4.675.891.166 | |
| 5. Net Current Period Profit | 12.553.996.121 | 2.328.965.870 |
| 6. Losses in Previous Years (-) | ||
| 7. Primary Legal Reserve (-) | ||
| 8. Net Distributable Current Period Profit | 12.553.996.121 | 2.328.965.870 |
| Dividend Advance Distributed (-) | ||
| Dividend Advance Less Net Distributable Current Period Profit | 12.553.996.121 | 2.328.965.870 |
| 9. Donations Made During The Year ( + ) | 3.919.568.520 | |
| 10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated | 16.473.564.641 | |
| 11. First Dividend to Shareholders | 3.294.712.928 | 246.221.798 |
| * Cash | 3.294.712.928 | 246.221.798 |
| * Stock | ||
| 12. Dividend Distributed to Owners of Privileged Shares | ||
| 13. Other Dividend Distributed | ||
| * To the Employees | ||
| * To the Members of the Board of Directors | ||
| * To Non-Shareholders | ||
| 14. Dividend to Owners of Redeemed Shares | ||
| 15. Second Dividend to Shareholders | 2.982.285.132 | |
| 16. Secondary Legal Reserves | 616.699.806 | |
| 17. Statutory Reserves | ||
| 18. Special Reserves | ||
| 19. Extraordinary Reserves | 5.660.298.254 | |
| 20. Other Distributable Resources | 6.030.776.262 |
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 | 847.394.738 | 0 | 50 | 2,5678628 | 256,79 |
| B Grubu | 4.801.903.516 | 0 | 50 | 2,5678628 | 256,79 |
| TOTAL | 5.649.298.254 | 0 | 50 | 2,5678628 | 256,79 |
Dividend Rate Table Explanations
Note 1: It has been resolved to distribute TRY 246,221,798 of the total gross profit to be distributed in cash from the net distributable profit for the period in the statutory books.
Note 2: The amount of TRY 4,691,099,817, within total amount of TRY 6,276,998,060, which shall be distributed in cash, shall be distributed from statutory previous year's profit, TRY 1,339,676,445 shall be distributed from distributable legal reserves and TRY 246,221,798 shall be distributed from current period profit.
Note 3: It has been resolved to allocate a total of TRY 4,691,099,817 from the gross profit amounting to TRY 6,030,776,262.56 for distribution in cash, sourced from retained earnings recorded in the statutory books, and TRY 1,339,676,445 from other reserves distributable in accordance with the Law and Articles of Association. Consequently, out of the overall gross amount of TRY 6,276,998,060 earmarked for cash distribution, TRY 6,030,776,262.56 will be disbursed from alternate sources in the statutory records, while TL 246,221,798 will be distributed from the net distributable profit for the period as recorded in the statutory books.
Note 4: Dividend regarding to buy-back shares are recorded in free reserves at statutory accounts.
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