Introduction
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8.1.2 Share and dividend performance
Dividend policy
The Group’s dividend policy is aimed at securing long-term shareholder loyalty through a regular increase in the dividend, a dividend payout ratio of around 50% of underlying net profit, and a dividend premium for shareholders who have held their shares in registered form for a continuous period of at least four years.
Below is a chart showing the dividend and pay-out ratio (Dividend per share/Underlying Earnings per share) over the last 10 years.
This year, the Board has decided to propose a dividend of 3.10 euros, up +29% on the preceding year and a pay-out of 50% of underlying net profit. For those shareholders who have held their shares in
registered form for at least four years consecutively, the dividend premium will amount to 0.31 euro per share, for up to 0.5% of Sodexo share capital.
