Dividends are the portion of a company’s net profit that is distributed to shareholders. Its amount is proposed by the Board of Directors then voted by the Shareholders’ Meeting after the approval of the accounts of the last year.
Dividends must be paid to shareholders, in proportion to the number of shares that they hold, within nine months of the end of the company’s financial year. Dividends are most commonly paid in cash, i.e. in euros. Also, they can be paid in newly-issued shares if this option is approved by the Shareholders’ Meeting.
To have the right to receive dividends, you must own one or more shares on the day before the reloval of coupon.
Receiving dividends requires no special action on your part. Cash dividends will be credited directly to your securities account by your financial intermediary.
The Board of Directors of Crédit Agricole S.A. gathered(combined) February 13th, 2019 will propose by the General assembly of May 21st, 2019 the payment in cash of the dividend to the amount of 0,69€, increasing by 9,5 % 2018/2017.
Last update: February 2019