Koninklijke Philips N.V. proposed distribution of EUR 0.80 per common share, in cash or shares at the option of the shareholder (up to EUR 750 million if all shareholders would elect cash), against the net income for 2017. The ex-dividend date is May 7, 2018 and record date will be May 8, 2018. The dividend will be proposed in Annual General Meeting to be held on May 3, 2018.