2016 Dividend

The Group intends to propose the payment of a dividend of € 0.60 per share for 2016 subject to the approval of the General shareholders’ meeting). An interim dividend for the financial year 2016 of € 0.20 per share will be paid on December 7, 2016.

Maintaining a strong financial structure

Orange intends to maintain a strong balance sheet with a net debt to adjusted EBITDA ratio of 2x in the medium term while upholding a sustained investment policy and attractive distribution for shareholders. To this end, the Group has announced its decision to continue to offer a dividend of at least €0.60 a year over the 2015 – 2018 period (subject to the approval of the General shareholders’ meeting).

 

fiscal year

amount per share

payment date

means of payment

2016

0,20 €

7 december 2016

interim dividend in cash

2015

0,40 €

23 June 2016

balance (share)

2015

0,20 €

9 december 2015

interim dividend in cash

2014

0,40 €

10 June 2015

balance (share)

2014

0,20 €

9 December 2014

interim dividend in cash

2013

0,50 €

5 June 2014

balance (share)

2013

0,30 €

11 December 2013

interim dividend in cash

2012

0,20 €

11 June 2013

balance (share)

2012

0,58 €

12 September 2012

interim dividend in cash

2011

0,80 €

13 June 2012

balance (share)

2011

0,60 €

8 September 2011

interim dividend in cash

2010

0,80 €

15 June 2011

balance (share)

2010

0,60 €

2 September 2010

interim dividend in cash

2009

0,80 €

17 June 2010

balance (share)

2009

0,60 €

2 September 2009

interim dividend in cash

  

Changes in share capital

During the financial year 2016, the amount of capital increased to € 10,640,226,396.


Capital allocation

Institutional investors and others legal entities allocation estimate on the basis of the TPI survey and the Nasdaq OMX analysis (31/03/2016).