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.

Since the Company’s IPO in 2000, we have created over CHF 30 billion of total shareholder return, with an average annual yield of 10.5% compared with 4.1% for the SMI Index in the Swiss market.

Dividend payment

Our target is to return profit to shareholders through progressive dividend payment, taking into account the Company’s financial position and strategy. The dividend has risen year on year, reflecting this commitment to return cash to shareholders.

Explore the dynamic graph on our dividend per share

Over the last 10 years Givaudan’s dividend increased steadily along with a relatively stable free cash flow resilience.


Dividend in 2023

In 2023, Givaudan’s free cash flow was CHF 920 million. At the Annual General Meeting on 21 March 2024, Givaudan’s Board of Directors will propose a cash dividend of CHF 68.00 per share for the financial year 2023, an increase of 1.5% year-on-year.

Dividend calendar
Monday 25 March 2024: ex-dividend trading date
Wednesday 27 March 2024: dividend payment date

Dividends 2009-2023



per share (CHF)

IncreaseDate of
202368.0021.5%27 March 20241.95%70%
202267.001.5%29 March 20232.36%72%
202166.003.1%30 March 20221.38%74%
202064.003.2%31 March 20211.72%79.4%
201962.003.3%31 March 20202.04%81%
201860.003.4%3 April 20192.6%83%
201758.003.6%28 March 20182.6%74%
201656.003.7%29 March 20173.0%80%
201554.008.0%23 March 20163.0%80%
201450.006.4%25 March 20152.8%82%
201347.0030.6%27 March 20143.7%89%
201236.0063.6%28 March 20133.7%81%
201122.002.3%29 March 20122.5%81%
201021.504.4%31 March 20112.1%58%
200920.603.0%6 April 20102.5%88%
  1. Based on market price at year-end.

  2. Subject to shareholder approval at the AGM on 21 March 2024.