From 2017 to 2019, we paid out roughly €1.3 billion to shareholders (including buyback), due to the results for the period, while maintaining solid capital ratios. In FY19/20, no dividend was distributed due to the ECB ban on dividend distribution.
In FY20/21 Mediobanca resumed its distribution policy with a 70% cash dividend payout (equivalent to a €0.66 DPS), confirmed also for FY21/22. On top of this, Mediobanca will submit to the next EGM (to be held in October 2021) the proposal of a new share buyback scheme up to 3% of share capital.
Our group distributes dividends once per year, usually in November (more details in financial timetable), following the approval by the shareholders’ meeting, normally held on 28 October of every year.
|€||FY 2012||FY 2013||FY 2014||FY 2015||FY 2016||FY 2017||FY 2018||FY 2019||FY 2020||FY 2021|
|TOTAL DIVIDEND PAYD||42M||0||127M||213M||231M||320M||413M||410M||0M||569M|
|GROUP NET PROFIT||81M||(176M)||465M||590M||605M||750M||864M||823M||600M||808|
|NO. SHARES (M)||861||861||861||867||871||881||887||887||887||887|