Total dividend bookyear 2018: € 1.300*

Final dividend

proposed amount
€ 1.300
announcement date
May 14, 2019
ex-coupon date
payment date

The company proposes a dividend of EUR 1.30 per share in cash related to full year 2018, which represents an increase of 4% compared with last year, and a payout ratio of 46%. The dividend payment is subject to approval by the Annual General Meeting of Shareholders (AGM) to be held on May 14, 2019. Further details will be provided in the agenda for the AGM.

Total dividend bookyear 2017: € 1.250*

Final dividend

proposed amount
€ 1.250
announcement date
May 15, 2018
ex-coupon date
May 17, 2018
payment date
May 29, 2018

The company proposes a dividend of EUR 1.25 per share in cash related to full year 2017, which represents an increase of 14% compared with last year, and a pay-out ratio of 45%. The dividend payment is subject to approval by the Annual General Meeting of Shareholders (AGM) to be held on May 15, 2018. Further details will be provided in the agenda for the AGM.

Total dividend bookyear 2016: € 1.100

Final dividend

amount
€ 1.100
announcement date
ex-coupon date
payment date

The first dividend payment was distributed in 2017, based on full year 2016 results.  At the 2017 AGM on May 9, 2017, shareholders voted in favor of the proposal to distribute a cash dividend of EUR 1.10 per share, against the net income for 2016 and free distributable reserves

Dividend history

financial events

Company information

Source: company website, January 2019

Signify is the world leader in lighting for professionals, consumers and lighting for the Internet of Things. Our energy efficient lighting products, systems and services enable our customers to enjoy a superior quality of light, and make people’s lives safer and more comfortable, and businesses more productive and cities more livable.

With 2017 sales of EUR 7.0 billion, approximately 32,000 employees and a presence in over 70 countries, we globally unlock the extraordinary potential of light 
for brighter lives and a better world.

Dividend policy

Source: company website, January 2019

Signify is targeting an annual dividend pay-out ratio of 40% to 50% of continuing net income to be paid out annually in cash. Continuing net income is defined as net income excluding discontinued operations and excluding material non-recurring items such as restructuring, acquisition-related and separation charges.

 

The payment of dividends, if any, and the amounts and timing thereof, will depend on a number of factors, including future revenue, profits, financial conditions, general economic and business conditions and prospects and such other factors as the Board of Management may deem relevant as well as other legal and regulatory requirements, many of which are beyond the control of Signify. The dividend policy might be subject to change as the Board of Management may revisit Signify’s dividend policy from time to time.