Dividend

In light of its excellent financial performance in 2010, and confirming its confidence in the future, the company resumed in 2011 its dividend payment policy.

In the framework of its 2017-2019 roadmap, the company stated that it is determined to pursue its dividend-payment policy over the roadmap’s period, with an expected payout ratio of around 40% of net income (excluding non-recurring items), the remaining 60% being used to fund Lectra’s growth internally. The aim is to achieve a steadily rising dividend per share.

(Financial quaterly report of February 9, 2017)

The Board of Directors proposed to maintain the dividend to €0.40 per share in respect of FY 2019, representing a payout ratio of 44% of 2019 consolidated net income and a yield of 1.8% based on the December 31, 2019 closing share price.

The Annual Shareholders’ Meeting of April 30, 2020 has approved the dividend payment. The dividend will be paid out on May 8, 2020

(2019 Annual Financial Report)