Payout ratio

For 2014, the Board of Directors proposed to the Shareholders’ Meeting to distribute a dividend of 0,66 Euro per share.

Payout ratio (in Thousands of euro) 2014 2013 2012 2011 2010
Consolidated profit for the year 95.876 84.841 78.228 26.535 18.626
Parent company dividends 34.930 30.055 19.813 13.434 10.487 (1)
Payout ratio 36,40% 35,40% 25,40% 50,60% 56,3 (1)

(1) The dividend was paid partly in cash and partly through stock grants. The value of the dividends shown was calculated by considering the normal value of the share as communicated at the dividend stripping date. 

Last updated on 2015-02-18