Despite the impact of the Covid pandemic in 2020, the Air Liquide Group has paid an attractive dividend in 2021 and has announced a further increase in its dividend in 2022. To find out more about this dividend, we suggest you discover here the details of its amount, its yield, its history over the last ten years as well as the dates of detachment and payment of this amount to shareholders for this CAC40 yield stock.
The Air Liquide group has paid a dividend of €2.75 per share in 2021 for the 2020 financial year.
The company has already announced the upcoming payment of the 2022 dividend, which corresponds to the 2021 fiscal year and will amount to €2.90 per share.
Air Liquide, like most CAC 40 companies, pays its dividend to shareholders once a year, usually in May.
Indeed, it is after the publication of the previous year's results that the Board of Directors decides on this dividend, the amount of which is then submitted to the shareholders at the time of the Annual General Meeting.
In 2021, the ex-dividend date was 17 May and the payment date was 19 May.
For 2022, the ex-dividend date was 16 May with payment on 18 May.
The next dividend to be paid to shareholders holding Air Liquide shares is the 2022 dividend, calculated on the 2021 fiscal year. The amount will be €2.90 per share, which is a significant increase compared to the previous dividend of €2.75 per share.
The industrial gas producer has been paying a stable and steadily increasing dividend for many years, but the increase in the next dividend is the highest since 2013.
The increase in Air Liquide's dividend for the next payment is due to a significant increase in the group's revenues in 2021.
Air Liquide is one of the French listed companies that remunerates its shareholders on a regular basis with numerous dividend increases over time. It has paid a dividend continuously and every year since 2000. Here is the history of Air Liquide's dividend over the last ten years and its evolution over time:
Looking at this history, we can see that Air Liquide generally increases its dividend every two years. We can also see that the rate of increase in the dividend has been relatively slow over the last 5 years with an average increase of 1.13% per year. Over the last 10 years, the amount of the dividend has increased by an average of 0.96% per year.
To find out and calculate the dividend yield of the Air Liquide share, the amount of the dividend must be divided by the average share price. This gives a percentage representing the yield of this stock. Thus, the amount of the dividend is not the only element to be taken into account to evaluate this share and its profitability, but it is also necessary to base oneself on the share price on the market.
Currently, the dividend yield of the Air Liquide share is 1.77% for the 2022 dividend.
It should also be noted that Air Liquide has a payout ratio of 50.74%, which is above the average for the sector. However, Air Liquide retains a portion of its profits for investment purposes.
Over the last 10 years, Air Liquide has paid a dividend with an average yield of 2.28%, which is actually above the last annual yield for this stock.