Société Générale share dividend and yield

  •   HARMANT Adeline

You may have noticed that Société Générale did not pay a dividend in 2020 to its shareholders due to the global pandemic that particularly affected the banking sector. But the group has resumed paying a dividend in 2021 and 2022. If you want to learn more about Société Générale's dividend, we suggest you find out here its annual yield, amount and payment dates as well as its history over the last ten years. 

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

In 2021 and for the financial year 2020, Société Générale paid a dividend of €0.55 per share to its shareholders.

The group has already announced and paid its 2022 dividend for the 2021 financial year. This has been announced at €1.65 per share, which represents a considerable increase.

 

When is the Societe Generale dividend paid?

Societe Generale's dividend is paid after it has been voted and approved by the General Meeting of Shareholders. It is the group's board of directors that defines the amount before proposing it for voting and according to the financial results of the previous year. Thus, this year's dividend corresponds to last year's financial year.

Societe Generale's dividend payment schedule is annual, which means that the group pays it to its shareholders once a year. In 2021, the ex-dividend date was 25 May and the payment date was 27 May.

 

What is the next expected dividend for Société Générale shares?

The next dividend planned for Société Générale is of course the 2022 dividend corresponding to the 2021 financial year. This has already been voted by shareholders and will be €1.65 per share, which represents an increase of more than 200% compared to the €0.55 dividend paid last year.

The ex-dividend date and payment date for this new dividend are already known. Société Générale's 2022 dividend will be detached on 25 May and paid on 27 May to shareholders who hold shares on or before the detachment date.

 

Societe Generale share dividend history:

Apart from the dividend suspension that took place in 2020 due to the very particular economic situation caused by the Covid-19 crisis, Société Générale has remunerated its shareholders every year with a dividend and without any other interruption since 1999. We now invite you to discover the history of the dividends paid by the group over the last ten years and its evolution.

  • In 2021, Société Générale's dividend was €0.55 with a 100% increase
  • In 2020, the Societe Generale dividend was €0 with a 100% decrease
  • In 2019, the Societe Generale dividend was €2.20 with a 0% increase
  • In 2018, the Societe Generale dividend was €2.20 with a 0% increase
  • In 2017, the Societe Generale dividend was €2.20 with a 10% increase
  • In 2016, the Societe Generale dividend was €2 with an increase of 66.67%.
  • In 2015, Societe Generale's dividend was €1.20 with a 20% increase
  • In 2014, the Societe Generale dividend was €1 with an increase of 122.22%.
  • In 2013, Societe Generale's dividend was €0.45 with a 100% increase
  • In 2012, the Societe Generale dividend was €0 with a 100% decrease

Thus, in the light of this history, there are only two years of suspension of the dividend in the last 10 years. Apart from that, Société Générale's dividend tends to increase over time. In particular, the latest dividend in 2022 shows a very significant and rapid increase compared to the last amounts paid.

 

What is the dividend yield on Société Générale shares?

The Societe Generale dividend yield shows the annual profitability of this share. To obtain it, the amount of the dividend is divided by the Société Générale share price. This gives a percentage corresponding to the yield of the share. It is therefore important not to take into account only the amount of a dividend to evaluate the profitability of a share.

The dividend paid by Societe Generale in 2022 and for the financial year 2021 thus shows a yield of 6.88%.

Currently, the payout ratio of Société Générale is 9.21%. This indicates that the payout level of this group is good and that the company does not dip too much into its profits to pay its shareholders and keeps a significant part of its income.

 

What is the dividend yield on Société Générale shares over several years?

Over the last 10 years, Societe Generale Group has paid a dividend with an average yield of 3.63%, which is well below the 2022 yield. Here is its history:

  • In 2022, the yield on this dividend is 6.88%.
  • In 2021, the yield on this dividend was 2.10%.
  • In 2020, the yield on this dividend was 0%.
  • In 2019, the dividend yield was 8.92%.
  • In 2018, the dividend yield was 5.62%.
  • In 2017, the dividend yield was 4.49%.
  • In 2016, the dividend yield was 5.45%.
  • In 2015, the dividend yield was 2.69%.
  • In 2014, the dividend yield was 2.32%.
  • In 2013, the dividend yield was 1.41%.
  • In 2012, the dividend yield was 0%.
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