Dividend Policy
Lectra resumed in 2011 its dividend payment policy. The Group has set the objective of maintaining its dividend payment policy with dividends that over the roadmap period 2020-2022 should represent a payout ratio of 40% to 50% of net income (excluding non-recurring items).
Dividend in respect of FY 2020
The Board of Directors has decided to propose to the shareholders during their meeting on April 30, 2021 the payment of a dividend to €0.24 per share in respect of fiscal year 2020. The gross dividend represents a payout ratio of 44% of 2020 consolidated net income and a yield of 1% based on the December 31, 2020 closing share price.
The Annual Shareholders’ Meeting of April 30, 2021 has approved the dividend payment. The dividend will be paid out on May 7, 2021.
Dividend history
Fiscal year | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|
Dividend per share | 0.24 € | 0.40 € | 0.40 € | 0.38 € | 0.35 € | 0.30 € | 0.25 € |