Dividends
Dividends distribution Policy
The Shareholders' Meeting of 23 May 2023 decided on the distribution of a dividend of 0.70 euros per share for the fiscal year 2022. Taking into account the 0.30-euro interim dividend paid on 7 December 2022, the balance of the dividend distributed by the Shareholders' Meeting is 0.40 euros per share and will be paid in cash on 7 June 2023, the ex-dividend date being 5 June 2023.
In line with the solid growth in its organic cash flow, Orange intends, subject to shareholders’ approval, to increase its dividend to 72 cents per share for fiscal year 2023 (including the distribution of an interim dividend of 0.30 euros per share in December 2023) and to reach a new floor of 75 cents per share in respect of the 2024 fiscal year.
Dividends distribution history
Fiscal year |
Amount per share | Payment date | Means of payment |
2021 |
0.70 € | Interim 0.30€ 15 Dec. 2021 Balance 0.40€ 9 June 2022 |
Cash |
2020 | 0.70 € + 0.20 € | Interim 0.40€ 9 Dec. 2020 Balance 0.50€ 17 June 2021 |
Cash |
2019 | 0.50 € | Interim 0.30€ 4 Dec. 2019 Balance 0.20€ 4 June 2020 |
Cash |
2018 | 0.70 € | Interim 0,30€ 6 Dec. 2018 Balance 0,40€ 6 June 2018 |
Cash |
2017 | 0.65 € | Interim 0,25€ 7 Dec. 2017 Balance 0,40€ 7 June 2018 |
Cash |
2016 | 0.60 € | Interim 0,20€ 7 Dec. 2016 Balance 0,40€ 14 June 2017 |
Cash |
2015 | 0.60 € | Interim 0,20€ 9 Dec. 2015 Balance 0,40€ 23 June 2016 |
Cash |
2014 | 0.60 € | Interim 0,20€ 9 Dec. 2014 Balance 0,40€ 10 June 2015 |
Cash |
2013 | 0.80 € | Interim 0,30€ 11 Dec. 2013 Balance 0,50€ 5 June 2014 |
Cash |
2012 | 0.78 € | Interim 0,58€ 12 Sept. 2012 Balance 0,20€ 11 June 2013 |
Cash |
2011 | 1.40 € | Interim 0,60€ 8 Sept. 2011 Balance 0,80€ 13 June 2012 |
Cash |
2010 | 1.40 € | Interim 0,60€ 2 Sept. 2010 Balance 0,80€ 15 June 2011 |
Cash |
2009 | 1.40 € | Interim 0,60€ 2 Sept. 2009 Balance 0,80€ 17 June 2010 |
Cash |
Capital allocation
Institutional investors and others legal entities allocation estimate on the basis of the TPI survey (12/31/2022).
Consensus
Orange has compiled a consensus for Q123 and FY 2023 based on the 15 estimates received as of 04/12/2023.
The detailed consensus is available in the Investors Library and below.
In M€ |
Q123 Median |
FY 2023 Median |
||
Revenues |
10,603 |
43,789 |
||
EBITDAaL |
2,590 |
13,008 |
||
EBITDAaL telecom activities |
2,610 |
13,068 |
||
eCAPEX Group |
1,537 |
6,826 |
||
Organic cash flow | - |
3,511 |
Detailed consensus files :
Share buyback program
Information on transactions carried out by Orange as part of its share buyback programs are available in our Investors’ library.
Liquidity contract
Half-yearly reports on the Orange liquidity contract are available in our Investors’ library.
Find all the information available for investors and analysts.
Investors' Library
Find all our latest financial information as well as our document library for investors and analysts.