Dividend policy
- Dividend pay-out ratio > 50% of EPS
Cramo Plc’s profit distribution target is to follow stable profit distribution and to pay over 50 % of earnings per share (EPS) as dividends.
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
| Dividend per share | 0.00* | 0.90 | 0.85 | 0.75 | 0.65 | 0.55 | 0.60 | 0.42 | 0.30 | 0.10 | 0.00 | 0.20 |
Dividend proposal for 2019
On 5 February 2020 final results of Boels’ recommended voluntary public cash tender offer for all shares in Cramo Plc were announced and Boels completed the tender offer and commenced a subsequent offer period. According to the final results of the tender offer, the shares tendered represent approximately 93.04% of all the issued and outstanding shares and votes in Cramo.
*Taking that into consideration, the Board of Directors of Cramo proposes that no dividend will be paid for the financial year 2019.
