Dividend
A strong commitment to return cash to shareholders

A strong commitment to return cash to shareholders

Givaudan’s history of delivering with excellence is supported by strong financial performance and the creation of significant value for shareholders.

We have a long track record of delivering on our financial ambition which has created shareholder value through a year-on-year increase in the dividend paid to shareholders since our IPO in 2000.

Dividend per share and free cash flow

Looking at the last 10 years: Givaudan's free cash flow (in million CHF) and year-on-year increase of the dividend (in CHF) which we returned per share to our shareholders

 

In 2019, Givaudan’s free cash flow was CHF 787 million. At the Annual General Meeting on 25 March 2020, Givaudan’s Board of Directors proposed a cash dividend of CHF 62.00 per share for the financial year 2019, an increase of 3.3% versus 2018.

Dividends 2009 - 2019
 

Financial
year

Dividend

per share (CHF)

Increase

Date of
payment

Dividend
yield¹

Payout
ratio

2019 62.00 3.3% 31 March 2020 2.04% 81%
2018 60.00 3.4% 3 April 2019 2.6% 83%
2017 58.00 3.6% 28 March 2018 2.6% 74%
2016 56.00 3.7% 29 March 2017 3.0% 80%
2015 54.00 8.0% 23 March 2016 3.0% 80%
2014 50.00 6.4% 25 March 2015 2.8% 82%
2013 47.00 30.6% 27 March 2014 3.7% 89%
2012 36.00 63.6% 28 March 2013 3.7% 81%
2011 22.00 2.3% 29 March 2012 2.5% 81%
2010 21.50 4.4% 31 March 2011 2.1% 58%
2009 20.60 3.0% 6 April 2010 2.5% 88%
¹ Based on market price at year-end