The General Shareholders’ Meeting called to approve the 2024 financial statements on May 27, 2025, will be asked to allocate distributable earnings, which consist of:
I.e. a total of euro 915,522,696 distributed to shareholders (based on a dividend of euro 3.60 per share and 254,311,860 shares, including treasury shares, as of December 31, 2024).
| Dividend paid for the financial year | Number of shares that received dividends | Unit dividend (in euros) | Total payout (in millions of euros) | Share price at December 31 (in euros) | Yield |
|---|---|---|---|---|---|
| 2020 | 2020 Number of shares that received dividends 247,769,038 |
2020 Unit dividend (in euros)2.00 |
2020 Total payout (in millions of euros)495.5 |
2020 Share price at December 31 (in euros)40.76 |
2020 Yield 4.91% |
| 2021 | 2021 Number of shares that received dividends 251,129,966 |
2021 Unit dividend (in euros)2.40 |
2021 Total payout (in millions of euros)602.7 |
2021 Share price at December 31 (in euros)59.20 |
2021 Yield 4.05% |
| 2022 | 2022 Number of shares that received dividends 250,501,916 |
2022 Unit dividend (in euros)2.90 |
2022 Total payout (in millions of euros)737.5 |
2022 Share price at December 31 (in euros)59.42 |
2022 Yield 4.88% |
| 2023 | 2023 Number of shares that received dividends 254,311,860 |
2023 Unit dividend (in euros)3.40 |
2023 Total payout (in millions of euros)853.4 |
2023 Share price at December 31 (in euros)84.00 |
2023 Yield 4.05% |
| 2024 | 2024 Number of shares that received dividends 254,311,860 |
2024 Unit dividend (in euros)3.60(2) |
2024 Total payout (in millions of euros)915.5 |
2024 Share price at December 31 (in euros)103.00 |
2024 Yield 3.50% |
As part of the Sprint to the Future plan, the Groupe committed to a payout ratio of around 45%. This resulted in a dividend of euro 2.12 per share for 2018, an increase of 6% and representing 44.9% of headline diluted EPS. In respect of 2020, the Groupe paid a dividend of euro 2.00 per share, i.e. a payout ratio of 46.8%,
On the occasion of its annual results for 2021, the Groupe proposed to increase its dividend payout ratio, which will be between 45% and 50%. Accordingly, the Groupe paid a dividend of euro 2.40 per share for 2021 and then euro 2.90 per share for 2022, corresponding to payout ratios of 47.8% and 45.7% respectively of headline diluted earnings per share. For 2023, the Groupe paid a dividend of euro 3.40 per share corresponding to a payout ratio of 48.9% of headline diluted earnings per share.
For 2024, the Groupe will propose a dividend of euro 3.60 per share to its shareholders at the General Shareholders’ Meeting of May 27, 2025. This dividend corresponds to a payout ratio of 49.3% of headline diluted earnings per share.
For individuals residing in France, the dividend is subject to income tax at either a flat rate or a progressive tax scale, at the taxpayer's option.
If the taxpayer does not opt for the progressive income tax scale, the dividend is subject, at the time of payment, to social security withholdings of 17.2% and a non-discharging flat-rate income tax installment of 12.8%. This withholding tax is applied at the source and calculated on the gross dividend amount.
In the event of a global and irrevocable option by the taxpayer for the progressive income tax scale, this dividend is fully eligible for the 40% allowance provided for in Article 158.3.2° of the French General Tax Code.
