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Dividends

Each year, Corticeira Amorim gives due consideration, in the context of its operations – specifically net income accrued, debt levels and future investment and financing requirements for ensuring adequate economic and financial balance – to the proposal for appropriation of profits to be submitted to the Annual General Meeting.

Dividend per share & payout ratio

Dividend per share (€)
Payout ratio (%)
NOTES

Dividends by payment year;
Dividend yield considers: average share price of 2.04€, 2.85€ and 4.34€, respectively for 2013, 2014 and 2015;
2015 dividend includes extraordinary payment of 25.9 M€ from the gains accrued in the ABB of treasury stock (Sep. 2015).

2018: 35.9 M€; 2.6% of dividend yield (24.6 M€ + 11.3 M€)

2017: 34.6 M€; 3.06% de dividend yield (23.9 M€ + 10.6 M€)

2016: 31.9 M€; 5.5% of dividend yield (21.3 M€ + 10.6 M€)

2015: 0.2 M€; 13.5% of dividend yield (17.6 M€ + 32.6 M€)

2014: 23.9 M€; 9.3% of dividend yield (15.1 M€+ 8.8 M€)

Key Figures

2012 2013 2014 2015 2016 2017 2018
Issued shares Qt. 133.000.000133.000.000133.000.000133.000.000133.000.000133.000.000133.000.000
Year-end share price 1,6002,2103,0205,9488,50010,300-
Average share price 1,4202,0402,8504,3407,30311,067-
Earnings per share 0,2460,2420,2850,4310,7720,772-
Dividend payed per share 0,1600,1600,1900,3850,2400,2600,270
1st payment 0,0650,1000,1200,1400,1600,1800,185
2nd payment 0,0950,0600,0700,2450,080,0800,085
Payout % 84,2%68,5%83,3%143,21%58,02%33,67%49,17%
Dividend Yield % 14%11,3%9,3%13,5%5,5%3,6%2,6%
NOTES:

Dividend of year N-1 is payed in Year N;
Dividend yield per share = dividend per share/average share price (N-1).

Corticeira Amorim, SGPS, S.A.

Rua de Meladas, 380 - P.O. Box 20
4536-902 MOZELOS VFR - PORTUGAL
Investor Relations
Tel.: +351 227 475 400
Fax.: +351 227 475 407
corticeira.amorim@amorim.com

LATEST DISCLOSURES

Sales grow 9.4% to more than €700 million

2018-04-13
  • EBITDA reaches €133.6 million, an increase of 9.2%
  • Net profit of €73 million, in line with the previous year (excluding the impact of the sale of US Floors in 2016)
  • Bourrassé contributed to the 2017 results with six months of activity
  • Proposal to distribute a gross dividend of €0.185 per share 

Consolidated Accounts