Dividend
Dividend trends
| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Interim dividend | 1.40 | 1.60 | 2.00 |
| Final dividend | 2.60 | 3.40 | 4.00 |
| Total gross amount | 4.00 | 5.00 | 6.00 |
| Payout ratio | 50% | 47% | 47% |
At a meeting on April 15th, 2020, the LVMH Board of Directors assessed the economic situation resulting from the Covid-19 pandemic and, in light of current events and governmental recommendations, decided to propose a 30% reduction in the dividend announced on January 28th for Shareholders’ approval at the AGM on June 30th, 2020. The dividend for 2019 will therefore be €4.80 per share and, given the interim dividend paid on December 10th, 2019, the balance of €2.60 per share will be paid on July 9th, 2020.
