Dividend and capital

 

Dividends distribution Policy

2019 dividend

The Shareholders’ Meeting approved the payment of a dividend of €0.50 per share for the 2019 financial year. Taking into account the interim dividend of €0.30 per share already paid in December 2019, the balance of the dividend to be distributed amounts to €0.20 per share. The ex-dividend date is 2 June and the balance will be paid on 4 June 2020.

For the 2020-2023 period, the objective to distribute a dividend of 0.70 euro per share will be reviewed at a later date in light of the evolving situation. The Board of directors has provided for the right to offer shareholders the option of being paid a 2020 interim dividend in Orange shares.

 Dividends distribution history

Fiscal year
 

 Amount per share  
 

Payment date
 

Means of payment
 

2019

0.20 €

4 June 2020

balance of dividend in cash

2019

0.30 €

4 Dec 2019

interim dividend in cash

2018

0.40 €

6 June 2019

balance of dividend in cash

2018

0.30 €

6 Dec 2018

interim dividend in cash

2017

0.40 €

7 June 2018

balance of dividend in cash

2017

0.25 €

7 Dec 2018

interim dividend in cash

2016

0.40 €

14 June 2017

balance of dividend in cash

2016

0.20 €

7 Dec 2016

interim dividend in cash

2015

0.40 €

23 June 2016

balance of dividend in cash

2015

0.20 €

9 Dec 2015

interim dividend in cash

2014

0.40 €

10 June 2015

balance of dividend in cash

2014

0.20 €

9 Dec 2014

interim dividend in cash

2013

0.50 €

5 June 2014

balance of dividend in cash

2013

0.30 €

11 Dec 2013

interim dividend in cash

2012

0.20 €

11 June 2013

balance of dividend in cash

2012

0.58€

12 Sept 2012

interim dividend in cash

2011

0.80 €

13 June 2012

balance of dividend in cash

2011

0.60 €

8 Sept 2011

interim dividend in cash

2010

0.80 €

15 June 2011

balance of dividend in cash

2010

0.60 €

2 Sept 2010

interim dividend in cash

2009

0.80 €

17 June 2010

balance of dividend in cash

2009

0.60 €

2 Sept 2009

interim dividend in cash

 


Capital allocation

 Institutional investors and others legal entities allocation estimate on the basis of the TPI survey and the Nasdaq OMX analysis (31/12/2019).