The 2018-2022 business plan envisages an increase in dividends, with a payout ratio constantly in excess of 50% and 800 million Euro distributable over the plan time frame.
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.
