investors > Dividends > Dividends

Dividends

EDP works hard to create value to its shareholders. Their remuneration takes the form both of the increasing value of EDP shares in the market and dividend's payment.

Dividend Policy

Dividend payment is subject to the recommendation of the Executive Board of Directors and subsequent approval in the General Shareholders Meeting.

In the Investor Day that took place on May 23th 2012, with national and international investors and analysts, the Executive Board of Directors  considered appropriate due to market environment as annual proposal to the General Meeting a payout between 55%-65% of recurrent net income, with dividend per share from 2011 as a floor (0.185/share).


Dividend History

 

Year

Payment Date

Ex-Dividend
Date

Gross Dividend

Net Dividend

Payout Ratio*

 

 

 

 

Resident

Non
 Resident

 

1997 (1)

18-May-98

12-May-98

0.648

0.534

0.534

84%

1998 (1)

28-May-99

24-May-99

0.698

0.620

0.620

80%

1999 (1)

31-May-00

26-May-00

0.698

0.611

0.611

82%

2000 (2)

31-May-01

28-May-01

0.140

0.119

0.119

76%

2001

06-Jun-02

03-Jun-02

0.113

0.099

0.093

75%

2002

18-Jun-03

13-Jun-03

0.090

0.079

0.074

81%

2003

30-Apr-04

27-Apr-04

0.090

0.083

0.079

71%

2004

29-Apr-05

26-Apr-05

0.09243

0.085

0.080

77%

2005

28-Apr-06

25-Apr-06

0.100

0.090

0.090

34%

2006

04-May-07

30-Apr-07

0.11

0.099

0.099

42%

2007

08-May-08

05-May-08

0.125

0.10 0.10 50%

2008

14-May-09

11-May-09

0.14 0.112 0.112 47%
2009 13-May-10 10-May-10 0.155 0.124 0.124 55%
2010 13-May-11 10-May-11 0.170 0.133 0.133 58%
2011 16-May-12 11-May-12 0.185 0.139 0.139 60%
2012 23-May-13 20-May-13 0.185     67%
2013 29-May-14 26-May-14 0.185     67%


(1) Figures converted from escudos to euros, rounded to three decimal places.
Gross dividend per share, in escudos, was 129$87 in 1997, and 140$00 in 1998 and 1999.
 
(2) After the stock-split, in 20 July 2000, each share was converted into five.
 
* Payout Ratio = Gross Dividend per share / Net Income per share