The Annual General Meeting approved on May 10, 2023, payment of a dividend of €2.94 per share for the financial year 2022. This level corresponds to a payout ratio of 40% of the adjusted net income, Group share, per share.
The ex-dividend date was on May 23, 2023, and the payment date on May 25, 2023. This dividend have been paid fully in cash and amounts to €2.24 per share, after deducing the interim dividend of €0.70 per share paid in December 2022.
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.