Proximus on track for worst day ever on future dividends cuts

Proximus NV

27/02/2026 08:25

** Shares in Proximus PROX.BR plunge around 20% after the Belgian telecoms provider announced a lowered dividend distribution for three years ahead

** Proximus confirms its dividend of 0.60 euro per share for 2025, but cuts it to 0.30 euro per share in 2026, 0.40 euro per share in 2027 and 0.50 euro per share in 2028

** NewStreetResearch says it struggles to see the logic for the cut given Proximus' otherwise in-line guidance

** Shares are on track for their worst day ever if losses persist

(Reporting by Leo Marchandon in Gdansk)

((Leo.marchandon@thomsonreuters.com))