Dividend info

Dividend policy

Dividend 2022

Signify proposes a cash dividend of EUR 1.50 per share for 2022, in line with its policy to pay an increasing annual cash dividend per share year on year. The dividend proposal will be subject to approval at the Annual General Meeting of Shareholders (AGM) to be held on May 16, 2023. Further details will be provided in the agenda for the AGM.

Dividend policy

Signify intends to pay an increasing dividend per share, to be paid out annually in cash. The payment of dividends, if any, and the amounts and timing thereof depend on several factors, including future sales, profits, financial conditions, general economic and business conditions and prospects. Other factors that the Board of Management may deem relevant, as well as other legal and regulatory requirements, may also impact the amount, timing and payment of future dividends. These may be beyond the control of the company.

Dividend 2021

Dividend 2021

At the 2022 Annual General Meeting of Shareholders (AGM) on May 17, 2022, shareholders voted in favor of the proposal to distribute a cash dividend of EUR 1.45 per share, from the 2021 net income.

Dividend policy

Dividend 2020

Dividend 2020

At the 2021 Annual General Meeting of Shareholders (AGM) on May 18, 2021, shareholders voted in favor of the proposal to distribute a cash dividend of EUR 1.40 per share, from the 2020 net income. This was in addition to the extraordinary cash dividend of EUR 1.35 per share.

Dividend policy

Dividend 2019

Dividend proposal 2019 withdrawn

Given the high level of global uncertainty and the very limited visibility on how this crisis might unfold, Signify has decided to withdraw the proposal to pay a dividend of EUR 1.35 per share to ensure resilience in a period of market uncertainty and to further strengthen the company’s financial position. Once market conditions have stabilized, Signify will revisit its capital allocation to shareholders.

Dividend policy

Signify intends to pay a stable to increased dividend per share, to be paid out annually in cash. The payment of dividends, if any, and the amounts and timing thereof depend on several factors, including future sales, profits, financial conditions, general economic and business conditions and prospects. Other factors that the Board of Management may deem relevant, as well as other legal and regulatory requirements, may also impact the amount, timing and payment of future dividends. These may be beyond the control of the company.

Dividend 2018

Dividend 2018

At the 2019 Annual General Meeting of Shareholders (AGM) on May 14, 2019, shareholders voted in favor of the proposal to distribute a cash dividend of EUR 1.30 per share, from the 2018 net income. This represented an increase of 4% compared with last year and a pay-out ratio of 46% of continuing net income.

Dividend 2017

Dividend 2017

At the 2018 Annual General Meeting of Shareholders (AGM) on May 15, 2018, shareholders voted in favor of the proposal to distribute a cash dividend of EUR 1.25 per share, against the net income for 2017 and free distributable reserves. This represented an increase of 14% compared with last year, and a pay-out ratio of 45%. Total dividend paid in 2018 was EUR 171 million.