Dividends

Dividend policy envisaged in the 2020-2024 Business Plan

The 2020-2024 business plan, presented in October 2020, forecasts an upturn in dividend distribution compared to the previous plan, with 860 million Euro distributable during the plan period (as opposed to 800 million Euro envisaged in the earlier plan). The dividend in 2020 came to 0.78 Euro per share, and a minimum of 0.80 Euro per share is anticipated in 2021.

Higher dividends vs. previous plan

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