The amount of dividends and interim dividends paid in the last three fiscal years was as follows:
| Fiscal year | Number of shares | Dividend per share | Total dividends paid | Dividend payment date |
|---|---|---|---|---|
| 2016 | 2016 Number of shares2,741,877,687(2) |
2016 Dividend per share0.90(3) |
2016 Total dividends paid2,105,349,378.42(4) |
2016 Dividend payment date30 June 2017 |
| 2017 | 2017 Number of shares2,927,438,804 |
2017 Dividend per share0.46(5) |
2017 Total dividends paid1,341,187,189.41(6) |
2017 Dividend payment date19 June 2018 |
| 2018 | 2018 Number of shares3,010,267,676 |
2018 Dividend per share0.31(7) |
2018 Total dividends paid933,556,364.41(8) |
2018 Dividend payment date18 June 2019 |
(1) After deduction of treasury shares.
(2) When the remaining dividend was paid, i.e. after the capital increase of 30 March 2017 in which 632,741,004 new shares were issued.
(3) i.e. €0.99 in 2016 for shares benefiting from the increased dividend.
(4) Of which €1,005,552,797.00 in interim dividends paid on 31 October 2016 for that year comprising €922,416,509.04 in new shares, €82,548,293.00 in cash and a balancing payment of €587,994.96. The remaining €1,099,796,581.42 of the dividend for 2016, paid on 30 June 2017, comprised €1,024,155,172.48 in new shares, €74,454,959.22 in cash and a balancing payment of €1,186,449.72.
(5) i.e. €0.506 in 2017 for shares benefiting from the increased dividend.
(6) Of which €432,632,648.85 in interim dividends paid on 11 December 2017 for that year comprising €398,440,228.20 in new shares, €33,746,467.50 in cash and a balancing payment of €445,953.15. The remaining €908,554,540.56 of the dividend for 2017, paid on 19 June 2018, comprised €847,339,360.56 in new shares, €60,331,512.63 in cash and a balancing payment of €883,667.37.
(7) i.e. €0.341 in 2018 for shares benefiting from the increased dividend.
(8) Of which €451,000,397.55 in interim dividends paid entirely in cash on 10 December 2018 for that year. The remaining €482,555,966.86 of the dividend for 2018, paid on 18 June 2019, comprised €452,021,956.95 in new shares and €30,534,009.91 in cash.
On 19 November 2019, EDF’s Board of Directors decided to pay an interim dividend of €0.15 per share.
The interim dividend for the 2019 fiscal year came to €456,888,323.70 and was paid on 17 December 2019:
At its meeting of 13 February 2020, the Board of Directors decided to propose to the Shareholders’ Meeting that will be summoned to approve the financial statements for the year ended 31 December 2019 and will be held on 7 May 2020, the payment of a dividend of €0.48 per share (excluding increased dividend) for the 2019 fiscal year. In view of the interim dividend of €0.15 per share paid on 17 December 2019, the remaining dividend payable for that year comes to €0.33 per share for shares benefiting from the ordinary dividend and €0.38 per share for shares benefiting from the increased dividend.
Shareholders will be offered the option of having the remaining dividend paid out in new Company shares. This option will be available between 18 May and 4 June 2020 inclusive. For shareholders who have not exercised their option by 4 June 2020 at the latest, all remaining dividend payments will be made in cash. The French State has undertaken to have its dividend paid out in the form of new shares.
New common shares issued to pay for the share capital increase will only entitle their holders to payment of the balance of the dividend for 2019.
Subject to the approval of the Shareholders’ Meeting the dividend will be paid on 10 June 2020 with the ex-dividend date set at 14 May 2020.
The dividend policy formulated by the Board of Directors takes the Group’s investment needs, the economic context and any other relevant factor into account.
In accordance with the amendment to the articles of association passed by the Shareholders’ Meeting of 24 May 2011, the first increased dividend was paid in 2014 for the previous year. Shareholders holding their shares in registered form for at least two years are entitled to an increased dividend. The number of shares eligible for the 10% increased dividend may not exceed 0.5% of the share capital for a single shareholder.
On 21 November 2014, the Shareholders’ Meeting amended the articles of association to the effect of authorising it to approve the payment of any dividend, interim dividend, reserves or premium that is distributed or any reduction in capital, through delivery of the Company’s assets, including financial securities.
Dividends not claimed within five years of their payment date lapse in favour of the French State.
