Dividend
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 in line with the free cash flow generation.
Note: Dividend of CHF 67.00 is subject to approval of shareholders at the AGM on 23 March 2023.
Dividend in 2022
In 2022, Givaudan’s free cash flow was CHF 479 million. At the Annual General Meeting on 23 March 2023, Givaudan’s Board of Directors will propose a cash dividend of CHF 67.00 per share for the financial year 2022, an increase of 1.5% year-on-year.
Dividend calendar
Monday 27 March 2023: ex-dividend trading date
Wednesday 29 March 2023: dividend payment date
Dividends 2009-2022
|
Financial |
Dividend per share (CHF) |
Increase |
Date of |
Dividend |
Payout |
| 2022 | 67.00² | 1.5% | 29 March 2023 | 2.36% | 72% |
| 2021 | 66.00 | 3.1% | 30 March 2022 | 1.38% | 74% |
| 2020 | 64.00 | 3.2% | 31 March 2021 | 1.72% | 79.4% |
| 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% |
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Based on market price at year-end.
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Subject to approval of shareholders at the AGM on 23 March 2023.