Credit Agricole share dividend and yield

  •   HARMANT Adeline

Credit 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 Credit 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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Credit Agricole share dividend and yield
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How much is the dividend paid by Credit Agricole?

Credit Agricole Group has paid a dividend of €0.80 per share in 2021 for the financial year 2020.

The company has also announced an increased dividend in 2022 to €1.05 per share, split into two parts with €0.85 ordinary dividend for the financial year 2021 and €0.20 catch-up dividend for 2019.

 

When is the dividend payment date for Credit Agricole?

The detachment and payment of the dividend on Credit 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.

Credit Agricole pays its dividend annually, usually in June with an ex-dividend date in May.

For example, in 2021, the dividend was detached on 18 May and paid on 2 June and in 2022, it will be detached on 30 May and paid on 1 June 2022.

 

What is the next dividend forecast for the Credit Agricole share?

Credit Agricole has already announced the amount and payment date of its dividend for the 2021 financial year, which will be paid to shareholders in 2022.

The total amount of this dividend will be €1.05 per share. In reality, this amount should be divided into two parts, the first being an ordinary dividend of €0.85 and the second a dividend in compensation for the unpaid dividend in 2019, amounting to €0.20.

The yield on this dividend is therefore particularly attractive at 10.54%. There is also a significant increase in the amount paid out compared to the 2021 dividend, which was only €0.80, even without taking into account the €0.20 compensation dividend.

 

Credit Agricole share dividend history:

Credit Agricole generally pays a dividend to its shareholders each year. 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 Credit Agricole's dividends over the last ten years.

  • In 2021, Credit Agricole's dividend was €0.80 with a 100% increase
  • In 2020, Credit Agricole's dividend was €0 with a 100% decrease
  • In 2019, Credit Agricole's dividend was €0.69 with a 9.52% increase
  • In 2018, Credit Agricole's dividend was €0.63 with a 5% increase
  • In 2017, Credit Agricole's dividend was €0.60 with a 0% increase
  • In 2016, Credit Agricole's dividend was €0.60 with an increase of 71.43%.
  • In 2015, Credit Agricole's dividend was €0.35 with a 0% increase
  • In 2014, Credit Agricole's dividend was €0.35 with a 100% increase
  • In 2013, Credit Agricole's dividend was €0 with a 0% decrease
  • In 2012, Credit Agricole's dividend was €0 with a 100% increase

Looking at this history of Credit 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 5.92% per year for its dividend.

 

What is the dividend yield on Credit Agricole shares?

Credit 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 Credit Agricole share is 10.54% for the 2022 dividend and for the 2021 financial year.

Credit Agricole Group's payout ratio is currently 58.65%, 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 Credit Agricole share over several years?

Over the last 10 years, the Credit Agricole Group has paid a dividend with an average yield of 4.24%, but this yield tends to rise rapidly as shown by the yield obtained in 2022. Here is its history:

  • In 2022, the yield on this dividend is 10.54%.
  • In 2021, the yield on this dividend 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%.
  • In 2013, the dividend yield was 0%.
  • In 2012, the dividend yield was 0%.

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