Kering share dividend and yield

What is the amount of the dividend paid by Kering?

At the time of writing, the last dividend paid by Kering to its shareholders was the 2023 dividend paid in respect of the 2022 financial year.

As far as the amount of the dividend paid this year by Kering is concerned, it is €14 per share. This represents an increase of 16.67% compared to the dividend paid in 2002 for the year 2021. Which was €12 per share.

When does Kering pay its dividend?

Unlike most listed companies that decide to pay their dividends annually or quarterly, Kering has decided to pay its dividend twice a year.

Thus, as you can see from the history of Kering's dividend payments and ex-dividend dates, the first dividend is generally paid in January and the second dividend is paid around May of each year.

Thus, with regard to the dividend paid in 2023 for the 2022 financial year, a first payment was made on 18 January, in the amount of €4.50. A second additional payment of €9.50 is planned for May 2023.

The amount of Kering's dividend is set by the Board of Directors following the publication of the company's financial results.

What is the next dividend forecast for Kering shares?

At this time, we do not yet know the amount of the next dividend that will be paid by the Kering share. Indeed, and as we have seen above, in order for the amount of the dividend to be determined, the Board of Directors must base itself on the publication of the group's financial results, which generally appear at the end of the year or at the very beginning of the year.

It will therefore only be in January 2024 that we will know the amount of the next dividend that Kering will pay to its shareholders.

History of Kering share dividends :

The Kering group has paid its shareholders a dividend every year without interruption since 1990. This means that the company has been paying out income to its shareholders every year for more than 33 years. To help you better appreciate the evolution of the Kering share dividend year after year, here is a summary of its progression over the last 10 years.

• In 2023, Kering's dividend was €14.00 with an increase of 16.67%.
• In 2022, Kering's dividend was €12.00 with a 50% increase
• In 2021, the Kering dividend was €8.00 with a 0% increase
• In 2020, the Kering dividend was €8 with a 23.81% decrease
• In 2019, the Kering dividend was €10.50 with an increase of 79.17%.
• In 2018, the Kering dividend was €1.50 with an increase of 11.94%.
• In 2017, the Kering dividend was €4.279 with an increase of 15%.
• In 2016, the Kering dividend was €3.72 with an increase of 0%.
• In 2015, the Kering dividend was €3.72 with an increase of 6.67%.
• In 2014, the Kering dividend was €3.48 with an increase of 0.62%.

Looking at this history, we can see that the amount of the Kering share dividend is increasing rapidly over time. In one year, this amount has increased by 16.65%, while its progression over 5 years has been on average 19.03% and over 10 years 14.98%.

What is the dividend yield of the Kering share?

While it is interesting to know the amount of the dividend paid by the Kering share, it is more interesting for investors to base themselves on the yield of this dividend. The dividend yield is calculated by dividing the amount of the dividend by the share price at the time of issue and is expressed as a percentage.

Currently, for the dividend paid by Kering to its shareholders in 2023 for the financial year 2022, the dividend yield for this share is 2.53%. 

Kering's payout ratio is also an interesting ratio to know. It is currently 36% of the company's total profits, which means that Kering keeps part of its profits for investment.

What is the dividend yield of the Kering share over several years?

Over the last 10 years, Kering Group has paid a dividend with an average yield of 2.42%, which is a little below its 2023 yield. Here is its history:

• In 2023, the dividend yield was 2.53%.
• In 2022, the yield on this dividend was 2.38%.
• In 2021, the dividend yield was 1.18%.
• In 2020, the dividend yield was 1.59%.
• In 2019, the dividend yield was 1.99%.
• In 2018, the dividend yield was 1.22%.
• In 2017, the dividend yield was 1.58%.
• In 2016, the dividend yield was 2.75%.
• In 2015, the dividend yield was 2.38%.
• In 2014, the dividend yield was 2.40%.