LVMH share dividend and yield

What is the amount of the dividend paid by LVMH?

In 2023 and in respect of the 2022 financial year, the LVMH group paid a dividend of €7 per share to its shareholders.

The previous dividend, paid in 2022 for the 2021 financial year, was €12 per share.

When will the LVMH dividend be paid?

The amount of the dividend and the payment schedule are set each year by a shareholder vote at the Annual General Meeting. The Board of Directors presents this amount to the meeting after calculating it on the basis of the previous year's results. For example, the dividend paid in 2023 corresponds to the dividend for the 2022 financial year.

LVMH pays a dividend twice a year, with an interim dividend in December and the balance in April. In 2023, the first detachment took place on 01 December 2022 with payment on 5 December and the second detachment took place on 25 April with payment on 27 April.

What is the next dividend forecast for LVMH shares?

The next dividend for LVMH shares is not yet known at the time of writing. Before it is announced, the dividend is based on the financial results for the previous year, i.e. 2023. It is then submitted to shareholders for approval at the Annual General Meeting.

The amount and dates of LVMH's next dividend will therefore not be known until the beginning of 2024.

History of LVMH share dividends

LVMH is one of the CAC40 companies that pays its shareholders the most regularly. The company has paid a dividend to its shareholders without interruption since 1999. Over time, this dividend has tended to increase as the group's results have risen. Here is the history of the LVMH dividend over the last ten years and how it has changed.

• In 2023, the LVMH dividend was €7, a fall of 41.67%.
• In 2022, the LVMH dividend was €12, an increase of 71.43%.
• In 2021, the LVMH dividend was €7, down 23.91%.
• In 2020, the LVMH dividend was €9.20, an increase of 48.39%.
• In 2019, the LVMH dividend was €6.20 with an increase of 14.81%.
• In 2018, the LVMH dividend was €5.40, an increase of 28.57%.
• In 2017, the LVMH dividend was €4.20, an increase of 16.67%.
• In 2016, the LVMH dividend was €3.60, an increase of 9.09%.
• In 2015, the LVMH dividend was €3.30, an increase of 4.76%.
• In 2014, the LVMH dividend was €3.15, an increase of 5%.

Looking at LVMH's historical dividend, we can see that this company pays its shareholders a remuneration that systematically increases each year, with the exception of the dividend paid in 2020, which was impacted by the Covid pandemic. The Group's dividend has risen very rapidly over time, with an average increase of 18.95% over 5 years and 13.18% over 10 years.

What is the dividend yield on LVMH shares?

To obtain the dividend yield on LVMH shares, simply divide the amount of the dividend by the share price on the stock market. In other words, the return on this stock must take into account not only the dividend price but also the share price.

The dividend paid by LVMH in 2023 and for the 2022 financial year thus shows a yield of 1.38%. 

However, LVMH's payout ratio is relatively low, at around 42.81%. This means that the group only pays out a small proportion of its profits to its shareholders and uses the rest to improve its growth by making investments.

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

Over the last 10 years, LVMH Group has paid a dividend with an average yield of 2.09%, which is slightly below the 2022 yield. Here is its history:

• In 2023, the dividend yield was 1.38%.
• In 2022, the yield on this dividend was 1.78%.
• In 2021, the yield on this dividend was 1.38%.
• In 2020, the dividend yield was 1.19%.
• In 2019, the dividend yield was 1.71%.
• In 2018, the dividend yield was 2.04%.
• In 2017, the dividend yield was 1.94%.
• In 2016, the dividend yield was 2.33%.
• In 2015, the dividend yield was 2.08%.
• In 2014, the dividend yield was 2.20%.