Upcoming Proximus dividend
Change(%)
+40.00%
Increase
Next payment 0.7€
Next payment date Apr 26, 2024
Last payment 0.5€
Last payment date Dec 8, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 4/24/24
Confirmed

A payment of 0,7 euros per share in dividends from Proximus is scheduled for April 26, 2024.

To qualify for dividends, buy before the Ex-dividend Date (April 24, 2024) and keep in mind the Last Trading Day (April 23, 2024).

Shareholders of Proximus received a dividend of 0.5 euros on December 8, 2023.

Proximus Group N.V., listed on the Brussels Stock Exchange, BATS EU, OTC market, London, Frankfurt and Vienna, using the PROX symbol, has a track record of almost twenty years of delivering dividends to its shareholders without interruption, starting to pay dividends in 2005.

The value of the amount has been sustained, setting patterns in several consecutive periods, which is paid in two installments, one in April and the other in December, reaching a yield of approximately 10%.

Payout Ratio Proximus Dividends

Proximus paid 10% of its net income in the last fiscal period as dividends.
Proximus's earnings (6,113,999,872.00€) are sufficient to cover the dividend payment. This payment represents 10% of the total net profit of PROX.
Dividend payout ratio
Payout Ratio

Dividend calendar of Proximus

These are the most important events of the Proximus calendar in 2024:

Event Day
Last trading date April 23, 2024
Ex-Dividend (Ex-Date) April 24, 2024
Record date April 25, 2024
Date of payment April 26, 2024
Data confirmed by the company Proximus (PROX).
Confirmed
Source
Historical annual dividend yields of Proximus
Over the past 5 years, Proximus has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Proximus vs. the sector
Proximus's dividend yield (20.53%) is above the sector average (15.56%).
Comparison with industry average
Proximus's dividend yield is among the top 25% (15.56%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Proximus
Over the past 5 years, Proximus's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Proximus

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
12/06/2023
04/26/2023
0.5 €
0.7 €
1.2 €
2022
12/07/2022
04/27/2022
0.5 €
0.7 €
1.2 €
2021
12/08/2021
04/28/2021
0.5 €
0.7 €
1.2 €
2020
12/09/2020
04/22/2020
0.5 €
1. €
1.5 €
2019
12/04/2019
04/24/2019
0.5 €
1. €
1.5 €
2018
12/05/2018
04/25/2018
0.5 €
1. €
1.5 €
2017
12/06/2017
04/26/2017
0.5 €
1. €
1.5 €
2016
12/07/2016
04/27/2016
0.5 €
1. €
1.5 €
2015
12/09/2015
04/22/2015
0.5 €
1. €
1.5 €
2014
12/10/2014
04/22/2014
0.5 €
1.68 €
2.18 €
2013
12/03/2013
04/23/2013
0.5 €
1.68 €
2.18 €
2012
12/11/2012
04/24/2012
0.31 €
1.68 €
1.99 €
2011
12/06/2011
04/26/2011
0.5 €
1.68 €
2.18 €
2010
12/07/2010
04/20/2010
0.5 €
1.68 €
2.18 €
2009
12/01/2009
04/14/2009
0.4 €
1.68 €
2.08 €
2008
12/16/2008
04/15/2008
0.5 €
1.68 €
2.18 €
2007
12/06/2007
04/17/2007
0.5 €
1.6 €
2.1 €
2006
12/06/2006
04/18/2006
0.29 €
1.52 €
1.81 €
2005
04/18/2005
1.9349 €
1.9349 €
Proximus dividend capture strategy
Step 1: Buy Proximus shares (PROX) one day before ex-dividend date
Date of purchase Apr 23, 2024
Next ex-dividend date Apr 24, 2024
Step 2: Sell Proximus shares (PROX) when the price recovers.
Date of sale (estimated) May 20, 2024
Average price recovery 26 days
Average return on cost 4.37%
The dividend capture strategy is based on historical Proximus data. Past performance is no guarantee of future results.

Information about Proximus

Full name Proximus PLC
Ticker PROX
Sector Communications Services
Industry Telecom Services
Market Capitalization 2.19B €
ISIN BE0003810273
Number of Employees 10,358
Description of the company

Proximus Group N.V., formerly known as Belgacom Group, is Belgium's largest telecommunications company, currently operating as a joint venture, partly owned by the state and partly by private investors, specializing in offering mobile and fixed-line telephony services.

It was founded in 1994 through a partial merger between 75% of Belgacom and 25% of AirTouch, which later merged with Vodafone and was bought by Belgacom in 2006. Since its creation, Proximus has taken advantage of the analog MOB2 network and the GSM network, making changes as innovations in the telecommunications sector arose.

In a fairly saturated market, the group occupies approximately 45%, including television services in its portfolio in 2014, currently the group's activities are broken down as follows:

  • Business telecommunications: fixed and mobile telephony, internet access, data transmission and communication minutes.
  • Telecommunications to individuals: interactive television, fixed telephony, mobile telephony and Internet access.
  • Carrier services: connectivity, international services.

Services are offered through various brands, depending on the activity and location, Belgacom is used for fixed telephony, Proximus for mobile communications and Telindus for ICT services, 77% of its sales come from Belgium, with more than 11,000 employees.

Frequently asked questions about Proximus dividends

Proximus pays dividends on a Semestral basis.

Proximus is listed on the Bolsa de Bruselas and is part of the BEL20.

Proximus has the Ticker or stock code PROX.

The CEO of Proximus in 2024 is Mr. Guillaume Boutin.

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

Proximus ForumCheck the latest comments and participate in the live chat on Proximus stocks (PROX).
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