Dividend and capital

 

Dividends distribution policy

2018 dividend

The Annual General Meeting of 21 May 2019 resolved to pay a dividend of € 0.70 per share for the 2018 fiscal year, which represents an increase of € 0.05 per share compared to the 2017 dividend.

After taking into account the interim dividend of € 0.30 per share paid on 6 December 2018, the balance of the dividend to be distributed amounts to € 0.40 per share. It will be paid on 6 June 2019 to shareholders of record as of 5 June 2019 (Ex-dividend date: 4 June 2019).

2019 dividend

In respect of the 2019 fiscal year, the Board of Directors will propose to the 2020 Shareholders’ Meeting paying a dividend of 0.70 euros per share, with an interim dividend of 0.30 euros per share to be paid in December 2019.

 Dividends distribution history

Fiscal year
 

 Amount per share  
 

Payment date
 

Means of payment
 

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

 

  

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 (31/12/2017).