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||2022||2021||2020 *1||2019||2018||2017||2016||2015||2014|
|Number of shares issued at year end||56,987,858||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)||313.0||207.9||120.1||108.0||100.1||77.3||73.0||61.8||19.9|
|Cash earnings per share (weighted) *2||6.78||4.64||3.03||2.85||2.53||2.06||2.01||1.79||1.42|
|Dividend per share||2.37 *3||1.62||1.02||0.90||0.80||0.62||0.55||0.44||0.20|
|Dividend (in mln euro’s)||135.1 *3||92.3||58.1||47.3||42.1||32.6||28.9||23.1||10.0|
|Dividend in% of adjusted net income||35% *3||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
*3. The 2022 dividend is still subject to approval by the 2023 AGM, to be held on 26 April 2023.