Español
Nederlands
Italiano
Deutsch
Français
Português
Holders of shares in Michelin can expect a dividend of 1,35 euros per share on May 24, 2024.
Buy shares before the Ex-dividend Date (May 22, 2024) and consider the Last Trading Day (May 21, 2024) to qualify for dividends.
Shareholders of Michelin received 1.25 euros per share on May 19, 2023.
Michelin, listed on the stock exchanges of Germany, the United States, the United Kingdom, Mexico and Paris under the ticker symbol MICP, has been paying dividends to its shareholders since 1999, showing a stable and uninterrupted track record until today.
The value of the amount granted is calculated by the finance department based on the income received during the year, which is then approved and announced by the shareholders' meeting on their official websites, and is generally paid in a single installment in May, reaching a yield of approximately 4.40%.
Join +33,000 investors who get notifications, analysis and news.
Payout Ratio Michelin Dividends
Dividend calendar of Michelin
These are the most important events of the Michelin calendar in 2024:
| Event | Day |
|---|---|
| Last trading date | May 21, 2024 |
| Ex-Dividend (Ex-Date) | May 22, 2024 |
| Record date | May 23, 2024 |
| Date of payment | May 24, 2024 |
Dividend history of Michelin
In this table you can see the complete history:
| Year | Ex-Dividend | Amount | Total |
|---|---|---|---|
| 2023 | 05/17/2023 | 1.25 € | 1.25 € |
| 2022 | 05/17/2022 | 1.125 € | 1.125 € |
| 2021 | 05/25/2021 | 0.575 € | 0.575 € |
| 2020 | 07/01/2020 | 0.5 € | 0.5 € |
| 2019 | 05/21/2019 | 0.925 € | 0.925 € |
| 2018 | 05/22/2018 | 0.8875 € | 0.8875 € |
| 2017 | 05/24/2017 | 0.8125 € | 0.8125 € |
| 2016 | 05/17/2016 | 0.7125 € | 0.7125 € |
| 2015 | 05/26/2015 | 0.625 € | 0.625 € |
| 2014 | 05/20/2014 | 0.625 € | 0.625 € |
| 2013 | 05/24/2013 | 0.6 € | 0.6 € |
| 2012 | 05/18/2012 | 0.525 € | 0.525 € |
| 2011 | 05/20/2011 | 0.445 € | 0.445 € |
| 2010 | 05/14/2010 | 0.24156 € | 0.24156 € |
| 2009 | 05/22/2009 | 0.24156 € | 0.24156 € |
| 2008 | 05/20/2008 05/14/2008 05/09/2008 | 0.386496 € 0.314028 € 0.314028 € | 1.014552 € |
| 2007 | 05/15/2007 | 0.350262 € | 0.350262 € |
| 2006 | 05/16/2006 | 0.326106 € | 0.326106 € |
| 2005 | 05/24/2005 | 0.30195 € | 0.30195 € |
| 2004 | 05/18/2004 | 0.336976 € | 0.336976 € |
| 2003 | 05/20/2003 | 0.224651 € | 0.224651 € |
| 2002 | 11/27/2002 05/22/2002 | 0.004831 € 0.205326 € | 0.210157 € |
| 2001 | 11/29/2001 05/22/2001 | 0.004831 € 0.193248 € | 0.198079 € |
| 2000 | 11/29/2000 05/30/2000 | 0.004831 € 0.171508 € | 0.176339 € |
Information about Michelin
Michelin, (Compagnie Générale des Établissements Michelin, S.A.) is a French company dedicated to the manufacture and marketing of tires, based in Clermont-Ferrand, is considered the most important organization in its sector in the world.
The company has 123 factories located in 26 countries, with commercial activities in 170 markets on all continents, approximately 125 thousand employees and 9 research and development centers.
It was founded in 1889 by the brothers André Michelin and Édouard who already had experience in the industry, created a model of detachable rubber for bicycle which they patented in 1891 being used in the Paris-Brest-Paris race in that year, since then it has been characterized by its participation as a manufacturer of tires for motorcycling and world rally competitions including Formula 1 and Formula E.
In 2007, they obtained the record of having manufactured the world's largest tire, the 59/80R63, designed for the Caterpillar 797B truck, which is used for mining excavation, weighing 5 tons each and measuring 4 and a half meters in diameter.
Among other activities, the company plans tourist guides, road maps, the Michelin Guide, the development of GPS-guided driving and the creation of automated routes in partnership with Tele Atlas.
Frequently asked questions about Michelin dividends
Michelin pays dividends on a Anual basis.
Michelin is listed on the Bourse de Paris and is part of the CAC40.
Michelin has the Ticker or stock code ML.
Michelin does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.