Dividends

 

Dividend for financial year 2018

At its February 11, 2019 meeting, the Board of Directors of Kering proposed to ask shareholders to approve a cash dividend of €10.50 per share for 2018 at the Annual General Meeting to be held on April 24, 2019 to approve the financial statements for the year ended December 31, 2018.

An interim cash dividend of €3.50 per share was paid on January 17, 2019 pursuant to a decision made by the Board of Directors on December 14, 2018.

Subject to shareholders’ approval, the cash dividend will have an ex-dividend date of May 2, 2019 (before market opening) and will be paid on May 6, 2019 based on the positions established as of the evening of May 3, 2019.


To be eligible for the dividend, shareholders must hold at least one Kering share on the record date.

Balance of the dividend – Indicative estimated agenda*:

·          Thursday, May 2, 2019: ex-date

·          Friday, May 3, 2019 (end of day): record date

·          Monday, May 6, 2019: payment of the dividend

*subject to the approval of the AGM on April 24, 2019.

The dividend is the part of the net annual profit which is distributed to the shareholders.

The dividend is automatically paid, without any specific required procedure from the shareholder.

1.     For holders of administered registered shares and bearer shares, your financial intermediary will credit your account according to the number of shares you own.

2.     For holders of ordinary registered shares, CACEIS will send to you a letter-check or will wire the amount to your bank account on the date the dividend is paid.

 

Dividend for financial year 2017

The dividend per share for 2017 financial year amounted to €6, on which €4 per share paid on May 16, 2018 in addition to the interim dividend of €2 paid on January 17, 2018.

Additionally, a distribution in kind of PUMA shares occurred on May 16, 2018, on the basis of 1 PUMA share for 12 Kering shares held (PUMA share price on May 16, 2018 at the opening was 429.00€).

 

Last update: February 12, 2019.