In this section of the page, you will find all the information you need to understand how EssilorLuxottica (EL) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming EssilorLuxottica dividend
Change(%)
-19.20%
Decrease
Next payment 2.61€
Next payment date Jun 17, 2024
Last payment 3.23€
Last payment date Jun 13, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/21/24
Estimated

EssilorLuxottica will distribute 2,61 euros per share in the form of a dividend on June 17, 2024.

The May 21, 2024 is the ex-dividend date. So if you wish to receive EssilorLuxottica dividends, you must buy one day before this date.

EssilorLuxottica distributed 3.23 euros per share in the form of a dividend on June 13, 2023.

EssilorLuxottica S.A., listed on the stock exchanges of Germany, Italy, the United Kingdom, the United States and Paris, using the ticker symbol ESLX, has paid dividends to its shareholders since 1999, with a track record of more than 22 years of uninterrupted and timely payment of this interest.

The value of the amount is slightly fluctuating, although it has maintained an increasing behavior, being settled in a single installment, every June, registering an annual return of approximately 1.75%.

Payout Ratio EssilorLuxottica Dividends

EssilorLuxottica paid 6% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

EssilorLuxottica's earnings (25,351,000,064.00€) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of EL.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of EssilorLuxottica

This is the Dividend Calendar of EssilorLuxottica in 2023.

Event Day
Last trading date May 20, 2024
Ex-Dividend (Ex-Date) May 21, 2024
Record date June 14, 2024
Date of payment June 17, 2024
Dividends schedule EssilorLuxottica
Data pending official confirmation from the company EssilorLuxottica (EL).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of EssilorLuxottica

Over the past 5 years, EssilorLuxottica has not consistently increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of EssilorLuxottica vs. the sector

EssilorLuxottica's dividend yield (1.83%) is below the sector average (2.39%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

EssilorLuxottica's dividend yield is between the top 25% (3.53%) and top 75% (1.81%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in EssilorLuxottica

Over the past 5 years, EssilorLuxottica's annual dividend income has fallen by more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of EssilorLuxottica

In this table you can see the dividend history of EssilorLuxottica:

YearEx-DividendAmountTotal
2023
05/22/2023
3.23 €
3.23 €
2022
05/30/2022
2.51 €
2.51 €
2021
05/28/2021
1.08 €
1.08 €
2020
12/23/2020
1.15 €
1.15 €
2019
05/21/2019
2.04 €
2.04 €
2018
04/26/2018
1.53 €
1.53 €
2017
05/17/2017
1.5 €
1.5 €
2016
05/17/2016
1.11 €
1.11 €
2015
05/19/2015
1.02 €
1.02 €
2014
05/22/2014
0.94 €
0.94 €
2013
05/30/2013
0.88 €
0.88 €
2012
05/24/2012
0.85 €
0.85 €
2011
05/16/2011
0.83 €
0.83 €
2010
05/25/2010
0.7 €
0.7 €
2009
05/21/2009
0.66 €
0.66 €
2008
06/27/2008
05/30/2008
05/23/2008
1.2 €
0.12 €
0.62 €
1.94 €
2007
05/15/2007
05/11/2007
0.55 €
0.06 €
0.61 €
2006
05/16/2006
05/10/2006
0.47 €
0.325 €
0.795 €
2005
05/18/2005
05/16/2005
0.38 €
0.25 €
0.63 €
2004
05/18/2004
05/11/2004
0.42 €
0.15 €
0.57 €
2003
05/20/2003
05/12/2003
0.25 €
0.15 €
0.4 €
2002
05/28/2002
05/22/2002
0.205 €
0.25 €
0.455 €
2001
05/21/2001
0.195 €
0.195 €
2000
06/05/2000
0.17 €
0.17 €
Dividend history of EssilorLuxottica

EssilorLuxottica dividend capture strategy

Step 1: Buy EssilorLuxottica shares (EL) one day before ex-dividend date
Date of purchase May 20, 2024
Next ex-dividend date May 21, 2024
Step 2: Sell EssilorLuxottica shares (EL) when the price recovers.
Date of sale (estimated) May 22, 2024
Average price recovery 1 days
Average return on cost 1.18%
The dividend capture strategy is based on historical EssilorLuxottica data. Past performance is no guarantee of future results.

Information about EssilorLuxottica

Full name EssilorLuxottica Société anonyme
Ticker EL
Sector Health Care
Industry Medical Instruments & Supplies
Market Capitalization 80.17B €
ISIN N/A
Number of Employees 191,144
Address 1-6 rue Paul CEzanne, Paris, 75008, France
Phone N/A
Website https://www.essilorluxottica.com
Description of the company

EssilorLuxottica S.A., is a corporation dedicated to the design, production and marketing of lenses, ophthalmic equipment, sunglasses, prescription optical glass, among others, owning more than 150 brands and more than 12 thousand patents and designs.

The company known today arises from the merger between Essilor and Luxottica completed in 2018, after fulfilling the necessary requirements to receive authorization from different agencies around the world, at a technical level Luxottica's procedures and equipment became the property of Essilor.

The following year the company buys Brille24 GmbH, continuing a series of acquisitions such as Union Optic, Optico Argentina (MOA), part of the GrandVision group which owns Vision Express and For Eyes.

This merger made the group become a giant in the industry, turning over €16 million, generating some controversy by antitrust advocates, for which they had to pay a fine of €17 million in 2023.

The group owns many eyewear retail chains in the world, controlling the most recognized brands such as Vogue Eyewer, Persol, Ray-Ban, Arnette, Oakley, Oliver Peoples, Bolon, Xiamen Yarui Optical, Foster Grant, Costa del Mar, in addition to that it has made exclusive agreements for the manufacture of lenses for other fashion brands such as Dolce & Gabbana, Armani, Ferrari, Brooks Brothers, Michael Kors, Burberry, Miu Miu, Chanel, Prada, Coach, Ralph Lauren, Tiffany & Co., Swarovski and Versace.

Frequently asked questions about EssilorLuxottica dividends

EssilorLuxottica pays dividends on a Annual basis.

EssilorLuxottica is listed on the Bourse de Paris and is part of the CAC40.

EssilorLuxottica has the Ticker or stock code EL.

EssilorLuxottica belongs to the Health Care sector and the Medical Instruments & Supplies industry.

The CEO of EssilorLuxottica in 2023 is Mr. Francesco Milleri.

At this moment, the value of a EssilorLuxottica share is 177.24€.

EssilorLuxottica does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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