|Total gross amount||3,20||3.55||4.00|
|Payout ratio||29% *||50%||51%|
* Excluding the exceptional distribution of Hermès International shares, this percentage would have been 55%.
At the Annual Shareholders’ Meeting on April 12, 2018, LVMH will propose a dividend of €5 per share, an increase of 25%. An interim dividend of €1.60 per share was paid on December 7 of last year. The balance of €3,40 per share will be paid on April 19, 2018.