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.