The dividend is the shareholder payment distributed from annual net profit and/or from retained earnings or reserves.
Its payment and amount are determined at the Shareholders’ Meeting at the proposal of the Board of Directors, following approval of the annual financial statements and allocation of income.
The dividend payable in respect of the 2015 fiscal year has been set at €1 per share.
The Board of Directors approved the payment of an interim dividend of € 0.50 / share for 2016, paid October 14, 2016. The ex-date was October 12, 2016.
Shareholder loyalty policy
At the Shareholders’ Meeting held on April 28, 2014, shareholders approved the introduction of a 10% higher dividend payable to every shareholder whose holding has been registered (fully or administered) continuously for at least two fiscal years (full calendar years) on the dividend payment date.
This policy is designed to reward the loyalty of shareholders who share the long-term ambitions of the Group.
Shareholders who registered their shares by December 31, 2014 will receive the increased dividend in 2017 with payment of the dividend for the 2016 fiscal year, and will be subject to an upper limit of 0.5% of equity capital per shareholder.
Shareholders who registered their shares between January 1, 2015 and December 31, 2015 will receive the increased dividend in 2018 with payment of the dividend for the 2017 fiscal year, and will be subject to an upper limit of 0.5% of equity capital per shareholder.
The following codes have been introduced to clearly identify those shares that qualify for the loyalty bonus:
- FR0012333151 ENGIE PRIME DE FIDELITE 2017: this code grants entitlement to the increased dividend to be paid in 2017
- FR0013055100 ENGIE PRIME DE FIDELITE 2018: this code grants entitlement to the increased dividend to be paid in 2018
The shares concerned remain transferable in the same way and subject to the same methods as those shares that carry the main ENGIE code of FR0010208488.