Our objective is to offer an attractive, predictable and sustainable dividend, aligned with the company's growth and compatible with a level of own funds sufficient for continued investment in value creation.
Framed by that policy, in May and November 2018, we paid out the dividend corresponding to our 2017 profits of €0.75 per share, demonstrating year-on-year growth of 10.3%.
Evolution of the dividend
In addition, the Board of Directors submitted a motion at the last Annual General Meeting for a new dividend policy for the years to come, specifically proposing an increase in the ordinary payout from the current 50% to 60%. It also proposed a bonus dividend totalling €1 per share to be paid out in 2019, 2020 and 2021 with a charge against prior-year profits.
As a result, we decided upon an ordinary dividend of €0.66 per share and an extraordinary dividend of €0.22 per share against 2018 profits, for a total of €0.88 per share2, demonstrating year-on-year growth of 17.3%.
It is our policy to communicate transparently with all of our shareholders - existing and prospective - and to make sure they can access information about the company on equal terms.
We attended to requests submitted by 800 individual shareholders
financial institutions and independent research firms cover Inditex's stock
institutional investors play a key role in the stock's price formation and liquidity
Inditex stock is traded as part of a series of benchmark indices which track its earnings performance as well as its sustainability practices.
- Euro STOXX 50 | IBEX 35
- Dow Jones Sustainability Index (DJSI): Inditex ranked as the most sustainable retailer in the world for the third year in a row (score of 68 out of 100)
- FTSE4Good sustainability index (score of 4.3 out of 5)
SDGs contributed to: