Dividended policy envisaged in the 2018-2022 Business Plan

The revision of the business plan presented in April 2019 provides for an even more favourable dividend policy compared to the plan drawn up in November 2017, with the distribution of 800 million Euro during the plan period (as opposed to 700 million Euro originally envisaged). The dividend in 2019 came to 0.78 Euro per share, compared to a minimum of 0.75 indicated in the Plan, and a further growth is anticipated during the period 2020-2022.

Diagram on the increase in the dividends of the Acea Group

Historical data on dividends

Diagram on the trend of the dividends of the Acea Group

  2004 2005 2006 2007 2008 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
DPS (€) 0.378 0.470 0.540 0.62 0.657 0.450 0.28 0.30 0.42 0.45 0.50 0.62 0.63 0.71 0.78
Dividend total (€m) 80.5 100.1 115.0 132.0 139.9 95.8 59.6 63.9 89.4 95.8 106.5 132.0 134.2 151.2 166.1
of which Roma Capitale 41.1 51.1 58.7 67.3 71.3 48.9 30.4 32.6 45.6 48.9 54.3 67.3 68.4 77.1 84.7
Dividend yield(1) 5.6% 5.3% 4.7% 4.4% 5.6% 5.5% 4.1% 6.7% 4.3% 4.6% 4.2% 5.2% 4.7% 5.3% 4.7%
Payout(2) 72% 78% 78% 80% 75% 75% 69% 83% 63% 59% 59% 50%   74%   56%   59%  
(1) Based on average price for the year (2) Based on net profit after non-controlling interests