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 2021 2020 *1 2019  2018  2017 2016 2015 2014
Number of shares issued at year end  56,987,858 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) 207.9 120.1 108.0 100.1 77.3  73.0 61.8 19.9
Cash earnings per share (weighted) *2 4.64 3.03 2.85 2.53 2.06  2.01 1.79 1.42
Dividend per share  1.62  1.02 0.90 0.80 0.62 0.55 0.44 0.20
Dividend (in mln euro’s) 92.3 58.1  47.3 42.1 32.6 28.9 23.1 10.0
Dividend in% of adjusted net income 35% 34%  32% 32% 30% 27% 25% 28%

*1. The period ended 31 December 2020 has been restated as a result of a change in accounting policy detailed in Note 2 to the financial statements included in the 2021 Annual Report

*2. Result for the year before amortisation (net of tax) dividend by the weighted average number of outstanding shares