|Total gross amount||2.90||3.10||3,20|
|Payout ratio||43%||46%||29% *|
* Excluding the exceptional distribution of Hermès International shares, this percentage would have been 55%.
At the Annual Shareholders’ Meeting on April 14, 2016, LVMH will propose a dividend of €3.55 per share, an increase of 11%. An interim dividend of €1.35 per share was paid on December 3 of last year. The balance of €2.20 per share will be paid on April 21, 2016.