Carrefour share dividend and yield

  •   HARMANT Adeline

Recently and after having seen its dividend decrease for several consecutive years, Carrefour has decided to implement a more attractive distribution policy for its shareholders with a dividend that has increased for two consecutive years. If you want to know the current yield of the Carrefour share before buying it, we suggest you find here precise information about the last payments made, but also about the yield of this stock, its history and the dates on which the dividend is detached and paid to shareholders.

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Carrefour share dividend and yield
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What is the amount of the dividend paid by Carrefour?

The current Carrefour dividend is €0.52 per share. This is the 2022 dividend which corresponds to the 2021 financial year and which will be paid to shareholders in June 2022.

The previous dividend paid by the Carrefour group was the 2021 dividend for the 2020 financial year, which amounted to €0.48 per share.

 

When does the Carrefour dividend payment take place?

The Carrefour share dividend is paid each year for the previous financial year. Thus, the dividend paid in June 2022 corresponds to the portion of the profits for the year 2021 that will be paid out to shareholders. Before being paid, the dividend is defined by Carrefour's Board of Directors, which then submits it to the shareholders in a vote at the annual general meeting.

Like most other French companies listed on the stock exchange, Carrefour applies an annual payment schedule, which means that it pays its dividend once a year, most often in June and after an ex-dividend date in May.

Thus, in 2022, the dividend was detached on 07 June 2022 and paid on 09 June 2022. In 2021, the payment and detachment took place in May.

 

What is the next dividend forecast for the Carrefour share?

The Carrefour group has of course not yet announced its 2023 dividend, which will be calculated on the basis of the 2022 financial results.

The last payment was the 2022 dividend for the year 2021 with an amount of 0.52€, which is an increase of 8.3% compared to last year's yield. This represents a return of 2.65%.

This is the second year in a row that the Carrefour Group has increased its dividend since it was previously increased by 108.7% to €0.42 per share.

 

History of Carrefour share dividends:

The Carrefour group has been paying its shareholders a dividend for many years. It has paid a dividend to its shareholders every year since 1999 without interruption, i.e. for over 23 years. To find out more about the history of this dividend, here is the amount over the last ten years as well as the evolution from year to year.

  • In 2022, Carrefour's dividend was €0.52 with an increase of 8.33%.
  • In 2021, Carrefour's dividend was €0.48 with an increase of 108.7%.
  • In 2020, Carrefour's dividend was €0.23 with a 50% decrease
  • In 2019, Carrefour's dividend was €0.46 with a 0% decrease
  • In 2018, Carrefour's dividend was €0.46 with a 34.29% decrease
  • In 2017, Carrefour's dividend was €0.70 with a 0% decrease
  • In 2016, Carrefour's dividend was €0.70 with an increase of 2.94%.
  • In 2015, Carrefour's dividend was €0.68 with an increase of 9.68%.
  • In 2014, the Carrefour dividend was €0.62 with an increase of 6.90%.
  • In 2013, Carrefour's dividend was €0.58 with an increase of 11.54%.

Looking at the history of the amounts paid by Carrefour as dividends, we can see that the dividend has increased very quickly over the last two years, rising by more than 8.33% this year. Over the last 5 years, the evolution of the dividend has been negative with an average decrease of 5.77% per year.

 

What is the dividend yield on Carrefour shares?

The yield of the Carrefour share does not only depend on the amount of the dividend paid to the shareholders, because this amount must be compared to the stock market price of this share. The amount of the dividend is divided by the share price at the time of payment.

Thus, in 2022, the dividend paid by Carrefour for the year 2021 shows a yield of 2.65%, whereas the yield of the dividend paid in 2021 showed a yield of 2.82%.

It is also interesting to note that Carrefour's payout ratio, which corresponds to the share of profits paid out to shareholders, is currently 36.92%. This rate shows us that Carrefour keeps a large part of its income to make investments for growth.

 

What is the dividend yield on Carrefour shares over several years?

Over the past 10 years, Carrefour Group has paid a dividend with an average yield of 2.66%, which is equivalent to its 2022 yield. Here is its history:

  • In 2021, the dividend yield was 2.82%.
  • In 2020, the dividend yield was 1.55%.
  • In 2019, the dividend yield was 2.67%.
  • In 2018, the dividend yield was 3.01%.
  • In 2017, the dividend yield was 3.10%.
  • In 2016, the dividend yield was 2.87%.
  • In 2015, the dividend yield was 2.28%.
  • In 2014, the dividend yield was 2.14%.
  • In 2013, the dividend yield was 2.58%.
  • In 2012, the dividend yield was 3.48%.
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