We announced an increase in our 2018 dividend by 3.75% to € 0.83 per share, in line with our commitment to a progressive remuneration policy linked to our underlying earnings and free cash flow growth.
While dividends are our favorite way to remunerate shareholders, share buyback remains a flexible way to return to shareholders the cash in excess of the leverage target.
The date for the payment of the 2018 final dividend will be communicated with the publication of the 2019 financial calendar, in accordance with the Borsa Italiana market rules.
The interim dividend 2018 was paid on 26 September 2018 (ex-dividend date: 24 September 2018 ; record date: 25 September 2018) by an amount of 0.42 € per share
The dividend for the 2017 fiscal year (interim + final) for a total amount of € 0.80 per share was paid on:
1 Depending on the recipient’s fiscal status dividends are subject to a withholding tax or are treated in part as taxable income.
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