Credit Agricole share dividend and yield
Crédit Agricole has recently optimised its distribution policy by increasing the amount of its dividend for shareholders, particularly following a net recovery in its activities. In this article, we offer you to learn more about the Crédit Agricole share dividend, its precise amount and payment date, as well as information about its yield and its history over the last ten years.
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How much is the dividend paid by Crédit Agricole?
The Crédit Agricole Group paid a dividend of €1.05 per share in 2023 for the financial year 2022.
The company had previously paid an equivalent dividend of €1.05 per share in 2022 and in respect of the 2021 financial year.
When does Crédit Agricole pay its dividend?
The detachment and payment of the dividend on Crédit Agricole shares takes place each year after the publication of the previous year's annual results. The amount of the dividend is then decided by the Board of Directors and voted on by shareholders at the Annual General Meeting.
Crédit Agricole pays its dividend annually, usually in June with an ex-dividend date in May.
In 2023, the detachment date was 30 May and the dividend was paid on 1 June 2023.
What is the next dividend planned for the Crédit Agricole share?
The next dividend to be paid to holders of Crédit Agricole shares is the 2024 dividend, calculated on the basis of the 2023 financial year.
The amount of this dividend has not yet been announced and will be calculated at the beginning of 2024 based on the results obtained by the Group in 2023. It will then be submitted to a vote of the shareholders at the annual general meeting before being published.
It will therefore be necessary to wait until the first quarter of 2024 to know the amount and the dates of detachment and payment of this dividend.
Crédit Agricole share dividend history :
Crédit Agricole generally pays a dividend each year to its shareholders. In 2019, however, the group suspended this payment due to the Covid pandemic but has been making up for this lack of dividend with additional payments since. Here is the detailed history of Crédit Agricole's dividends over the last ten years.
- In 2023, Crédit Agricole's dividend was €1.05 with a 0% increase
- In 2022, Crédit Agricole's dividend was €1.05 with a 31.25% increase
- In 2021, Crédit Agricole's dividend was €0.80 with a 100% increase
- In 2020, the Crédit Agricole dividend was €0 with a 100% decrease
- In 2019, Crédit Agricole's dividend was €0.69 with a 9.52% increase
- In 2018, Crédit Agricole's dividend was €0.63 with a 5% increase
- In 2017, Crédit Agricole's dividend was €0.60 with a 0% increase
- In 2016, Crédit Agricole's dividend was €0.60 with an increase of 71.43%.
- In 2015, Crédit Agricole's dividend was €0.35 with a 0% increase
- In 2014, Crédit Agricole's dividend was €0.35 with a 100% increase
Looking at this history of Crédit Agricole's dividends over the last ten years, it is easy to see that the company has an accommodating payout policy with steadily increasing amounts. Occasionally, the group suspends this payment due to specific financial situations. Over the last 5 years, the company has recorded an average increase of 10.76% per year for its dividend.
What is the dividend yield on Crédit Agricole shares?
Crédit Agricole's dividend yield is the rate obtained by dividing the amount of the dividend paid to shareholders by the stock market price of that share. Thus, the profitability of a yielding share can be assessed by taking into account not only the amount of the dividend but also its share price.
Currently, the dividend yield of the Crédit Agricole share is 9.58% for the 2023 dividend and for the 2022 financial year.
Crédit Agricole Group's payout ratio is currently 63.6%, which shows that the company is not taking too much from its profits to pay its shareholders while sharing some of its income with them.
What is the dividend yield on the Crédit Agricole share over several years?
Over the last 10 years, the Crédit Agricole Group has paid a dividend with an average yield of 6.32%, but this yield tends to rise rapidly as shown by the yield obtained in 2022. Here is its history:
- In 2023, the yield on this dividend is 9.58%.
- In 2022, the yield on this dividend is 10.54%.
- In 2021, the dividend yield was 6%.
- In 2020, the dividend yield was 0%.
- In 2019, the dividend yield was 6.46%.
- In 2018, the dividend yield was 4.65%.
- In 2017, the dividend yield was 4.14%.
- In 2016, the dividend yield was 6.23%.
- In 2015, the dividend yield was 2.44%.
- In 2014, the dividend yield was 2.94%.
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