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Dividend

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.

Receiving dividends

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.

 

2020 Dividend:

The dividend policy was adapted in 2020 to take the exceptional circumstances into account. Since Crédit Agricole Group and Crédit Agricole S.A. boast very comfortable levels of capital (a CET1 ratio of 17.2% or +8.3 percentage points above the SREP requirement for Crédit Agricole Group and 13.1% or 5.2 percentage points above the SREP requirement for Crédit Agricole S.A.), Crédit Agricole S.A.’s Board of Directors will submit to the 12 May 2021 General Assembly a 2020 dividend of 80 centimes per share, with a scrip dividend payment. The nominal amount exceeds what would have been our traditional payout ratio of 50% in cash, and allows us to compensate a portion of the unpaid 2019 dividend. This amount is made possible by SAS La Boétie's commitment to subscribe to the scrip dividend payment option. The proposed mechanism is in strict compliance with the ECB’s 15 December 2020 recommendation.

Stock market data (€)

Net earnings per shareNet book value per shareNet dividend per shareBonus Dividend

2020

1.20

19.0

0.80

-

2019

1.39

19.0

-

-

2018

1.39

18.2

0.69

-

2017

1.12

17.5

0.63

0.693

2016

1.12

16.8

0.60

0.66

Last update: March 2021

  

  

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