At the Annual General Shareholders’ Meeting on 15 May 2019, the Board of Directors will propose the distribution of a dividend of €2.08 per share, an increase of 19% on 2017, corresponding to an adjusted net income per share pay-out ratio of 38%, stable compared to 2017.
If approved, the ex-dividend date will be 21 May 2019 and the payment date will be 23 May 2019. The dividend will be paid fully in cash and will amount to €1.58 per share, after deducting the interim dividend of €0.50 per share paid in December 2018.
Dividends are paid to the holder of the share according to law and the articles of association. The Company uses the Euroclear direct payment procedure, which allows each shareholder to receive the dividend on the payment date.
In accordance with new article 158-3-2 of the French tax code, the dividend qualifies for the 40% reduction applicable to individual shareholders resident in France for tax purposes. This reduction is not applicable to other shareholders.