From 2017 to 2019, we paid out roughly €1.3 billion to shareholders (including buyback), due to the results for the period, while maintaining solid capital ratios.
The 2019-2023 strategic plan makes provision for a significant increase in the remuneration of shareholders, with the distribution of a maximum cumulative total of €2.5 billion over four years, including dividends and a new treasury share buyback and cancellation programme.
In accordance with ECB guidance in relation to Covid-19 crisis, DPS 2020 proposal is zero.
Our group distributes dividends once per year, usually in November (more details in financial timetable), following the approval by the shareholders’ meeting, normally held on 28 October of every year.
|€||FY 2012||FY 2013||FY 2014||FY 2015||FY 2016||FY 2017||FY 2018||FY 2019||FY 2020|
|TOTAL DIVIDEND PAYD||42M||0||127M||213M||231M||320M||413M||410M||0M|
|GROUP NET PROFIT||81M||(176M)||465M||590M||605M||750M||864M||823M||600M|
|NO. SHARES (M)||861||861||861||867||871||881||887||887||887|