Investors

Dividend policy

IMCD N.V.’s dividend policy targets to pay an annual dividend in the range of 25% to 35% of adjusted net income to be paid out in cash or shares, barring exceptional circumstances. Adjusted net income is defined as the reported result for the year plus non-cash amortisation charges (net of tax). The outcome could be adjusted for material non-recurring items.
 Dividend history  2020 2019  2018  2017 2016 2015 2014
Number of shares issued at year end   56,987,858 52,592,254  52,592,254  52,592,254  52,592,254  52,592,254 50,000,000
 Result for the year (in mln euro’s)  120.9  108.0  100.1  77.3  73.0  61.8 19.9
 Cash earnings per share (weighted)*  3.22  2.85  2.53  2.06  2.01  1.79 1.42
 Dividend per share   1.02**  0.90  0.80  0.62  0.55  0.44 0.20
 Dividend (in mln euro’s)  58.1  47.3  42.1  32.6  28.9  23.1 10.0
 Dividend in% of adjusted net income  34%  32%  32%  30%  27%  25% 28%

 

*   Result for the year before amortisation (net of tax) dividend  by the weighted average number of outstanding shares
** This is the proposed dividend for 2020, subject to shareholder approval to be provided during the 2020 AGM