Dividend payment

The proposal presented by the Board of Directors,to pay 35 euro cents per share, for the year 2018, was approved at the Annual Shareholders' Meeting, held on May 08, 2019. This payment will result in a payout ratio of 127% and an increase of 16.7%, compared to the previous year.


Net income
(millions of euros)
Net Income per share ​Dividends per share Payout ratio
​2018 ​137.8 0.27€​ ​0.35€ 127%​
​2017 ​124.1 0.24€​ ​0.30€ 125%​
​2016 ​90.4 0.20€​ ​0.20€ 114%​
​2015 ​82.7 0.16€​ ​0.16€ 100%​
​2014 ​74.7 0.15€​ ​0.14€ 97%​
​2013 ​63,4 0.12€​ ​0.12€ 97%​
​2012 ​36.0 ​0.12€ ​0.12€ ​103%
​2011 ​34.2 ​0.11€ ​0.16€ ​145%
​2010 ​35.4 ​0.11€ ​0.16€ ​140%
​2009 ​44.0 ​0.14€ ​0.16€ ​112%
​2008 ​47.9 ​0.16€ ​0.16€ ​103%
​2007 Extraordinary ​48.9 ​0.16€ ​0.30€ ​190%
​2007 Ordinary ​48.9 ​0.16€ ​0.20€ ​126%
2007 Total ​48.9 ​0.16€ ​0.50€ ​316%
​2006 ​71.1 ​0.23€ ​0.30€ ​130%
2005 ​111.7 ​0.36€ ​0.275€ ​76%