How dividends are distributed: the part of the annual net profit due to shareholders.
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.
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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