Dividends distribution Policy
Dividends
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 paid in December 2019, the balance of the dividend paid on 4 June 2020 amounted to €0.20 per share.
2020 dividend
The Board of Directors on 29 July 2020 decided the payment of an interim dividend of 0.30 euros in cash on December 9, 2020. The decision on the final amount of the 2020 dividend will be announced between the results publication dates for the 3rd and 4th quarters of 2020. A distribution of 0.70 euros per share remains the Group's objective, including for the 2020 fiscal year. The final decision will be taken at a later date, depending on the situation.
Dividends distribution history
| Fiscal year |
Amount per share | Payment date | Means of payment |
| 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 and the Nasdaq OMX analysis (31/12/2019).
Consensus
Orange has compiled a consensus for H1 2020 and FY 2020 based on the estimates received as of 13/07/2020.
The detailed consensus is available in the Investors Library.
|
In M€ |
|
H1 2020 Median |
2020 Median |
||
|
Revenues |
|
20,613 |
42,128 |
||
|
EBITDAaL |
|
5,915 |
12,794 |
||
|
EBITDAaL Telco |
|
5,985 |
12,938 |
||
|
eCAPEX |
|
3,327 |
7,274 |
||
|
EBITDAaL - eCAPEX |
|
2,584 |
5,513 |
||
This consensus for H1 2020 and FY 2020 is based on feedbacks received from 19 analysts.
