Dividends
The payment and the amount of dividends to be distributed are subject to a proposal from the Executive Board and subsequent approval by the Shareholders' General Meeting.
Following our Strategic Update, held on March 12th, 2019 with national and international investors and analysts, the Executive Board announced that decided to annually present to Shareholders' General Meeting a proposal of a minimum dividend of €0.19/share, which is targeted to follow sustainable earnings per share growth.
According to the existing legislation, the payment of the annual dividends must take place within 30 days from the shareholder's meeting that approves it.
Only the shares held until the third trading day, prior to the payment date, are entitled for dividend. Further details on the dividend payment are announced within 15 days after the Annual Shareholder Meeting.
The ex-dividend date corresponds to the first trading day, when shares are detached from dividend rights.
Please consult the Tax FAQ listed as Which taxes do I pay on dividends?
