125 / 222
Total return (in %)
The total return for the shareholder is measured by reference to
the evolution of the share price and includes the distribution of the
dividend or any other distribution realised or paid by the company.
Assuming the reinvestment of the 2013 dividend made available for
payment in June 2014, the Cofinimmo share achieved a return of
14.3% over the year 2014.
The graph below illustrates the stock market performances of the
Cofinimmo share compared to the Bel20 and EPRA Europe indexes
over the past five years, dividend return included. During this period,
the Cofinimmo share generated a return of 36.7%, i.e. an average
annual return of 6.5%. The Bel20 and EPRA Europe indexes recorded
variations of 58.9% and 90.4% respectively, which corresponds to
average annual yields of 9.7% and 13.7%.
Cofinimmo total return
Bel20 total return index
EPRA Europe total return index
120
100
80
Dec-09
Dec-10
Dec-11
Dec-12
Dec-13
Dec-14
Comparison of share price and net asset value per share (in €)
Total returns
Cofinimmo share price
Net asset value (in fair value)
200
150
100
50
Dec-09
Jan-11
Jan-12
Jan-13
Jan-14
Dec-14
121