Dividend payment policy
The payout ratio is approximately 35%. This ratio is defined as:
Dividend per share × Outstanding shares at December 31st / Net profit (Group share)
Where exceptional items have been recognized, in particular non-cash items, net profit (Group share) may be restated for these items before applying the payout ratio.
Dividend for last fiscal year
A dividend payment of €1.35 per share is proposed for fiscal year 2019.
Based on 169,345,499 shares outstanding at December 31, 2019, the total Capgemini dividend distribution in respect of fiscal year 2019 would be €229 million.
The payout ratio for the year ended December 31, 2019, excluding non- recurring income or tax expenses, would be 25%.
The effective dividend distribution will depend on the number of treasury shares held at the ex-dividend date and any shares issued or cancelled prior to this date.
In the table below, the dividend payable in the current year is subject to the approval of the general meeting.
(ended Dec. 31)
|Dividend distribution||Number of shares
(at Dec. 31)
|in € million||in % of
|2012||162||44%||161,700,362||1.00||June 3, 2013|
|2013||176||40%||160,317,818||1.10||May 16, 2014|
|2014||196||34%||163,592,949||1.20||May 18, 2015|
|2015||232||36%||172,181,500||1.35||May 30, 2016|
|2016||266||36%||171,564,265||1.55||May 22, 2017|
|2017||286||35%||168,483,742||1.70||June 4, 2018|
|2018||284||36%||167,293,730||1.70||June 5, 2019|
|2019||229||25%||169,345,499||1.35||June 3, 2020|