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 be eligible to the dividend, one must own a share on the coupon clipping date.
Receiving dividends requires no special action on your part. Cash dividends will be credited directly to your securities account by your financial intermediary.
The commitment to distribute 50% of the earnings throughout the Medium Term Plan was met despite the regulatory prohibition to distribute dividends for 2019. Thus, a dividend of €1.05 per share will be proposed at the General Meeting on 24 May 2022, including 20 cents for the recapture of the 2019 dividend not distributed (out of 40 cents).
Stock market data (€)
|Net earnings per share||Net book value per share||Net dividend per share||Bonus Dividend|
Last update: March 2021