Dividend

Dividend trends

2016 2017 2018
Interim dividend 1.40 1.60 2.00
Final dividend 2.60 3.40 4.00
Total gross amount 4.00 5.00 6.00
Payout ratio 50% 47% 47%

At the Annual General Meeting on April 16, 2020, LVMH will propose a dividend of €6.80 per share, an increase of 13%. An interim dividend of €2.20 per share was paid on December 10 of last year. The balance of €4.60 will be paid on April 23, 2020.