The cash-flow is used to internally finance the expansion of our activities, while pursuing a policy of dividends to the extent that the financials of the group permits.
In line with the 30% pay-out ratio of previous years, the BOD proposes a gross dividend of EUR 3.00 per share, payable on July 5, 2023. The AGM that needs to approve the dividend will take place on June 14, 2023.
The proposed dividend has the following relevant dates and information:
- Ex date: Friday June 16, 2023
- Record date: Monday June 19, 2023
- Payment date: Wednesday July 5, 2023
- Gross proposal: 3.00 EUR
- Net proposal: 2.10 EUR