Upcoming Sonae dividend
Change(%)
+5.01%
Increase
Next payment 0.05639€
Next payment date May 16, 2024
Last payment 0.0537€
Last payment date May 16, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/14/24
Confirmed

A dividend of 0,05639 euros per share will be granted by Sonae (SON) to its shareholders on May 16, 2024, yielding 6.00%.

If you're eyeing dividends from Sonae (SON), don't lose sight of May 13, 2024 as your deadline to buy, and the Record Date, May 15, 2024, to confirm your eligibility.

Sonae (SON) granted a dividend of 0.0537 euros on May 16, 2023.

Sonae SGPS S.A., (Sociedade Nacional de Estratificados), participates in the Portuguese stock exchange, through Lisbon and BATS UE, and in the United Kingdom, specifically in London, using the name SON, began to pay dividends in 2000, although its beginnings with this policy were a little unstable, until 2004, when it resumed the activity, maintaining a stable commitment since then.

The interest shows a slightly increasing value in each period, being delivered annually, in one installment, in May, with some additional bonuses in specific periods, which are decided and approved by the stockholders' meeting, achieving a yield of 5.30%.

Payout Ratio Sonae Dividends

Sonae paid 2% of its net income in the last fiscal period as dividends.
Sonae's earnings (8,505,632,768.00€) are sufficient to cover the dividend payment. This payment represents 2% of the total net profit of SON.
Dividend payout ratio
Payout Ratio

Dividend calendar of Sonae

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

Event Day
Last trading date May 13, 2024
Ex-Dividend (Ex-Date) May 14, 2024
Record date May 15, 2024
Date of payment May 16, 2024
Data confirmed by the company Sonae (SON).
Confirmed
Source
Historical annual dividend yields of Sonae
Over the past 5 years, Sonae has steadily increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Sonae vs. the sector
Sonae's dividend yield (6.06%) is below the sector average (8.64%).
Comparison with industry average
Sonae's dividend yield is between the top 25% (11.62%) and top 75% (5.65%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Sonae
In the last 5 years, Sonae's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Sonae

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
05/12/2023
0.0537 €
0.0537 €
2022
05/12/2022
0.0511 €
0.0511 €
2021
05/13/2021
0.0486 €
0.0486 €
2020
05/13/2020
0.0463 €
0.0463 €
2019
05/28/2019
0.0441 €
0.0441 €
2018
05/28/2018
0.042 €
0.042 €
2017
05/11/2017
0.04 €
0.04 €
2015
12/24/2015
05/26/2015
0.0385 €
0.0365 €
0.075 €
2014
05/12/2014
0.0348 €
0.0348 €
2013
05/27/2013
0.0331 €
0.0331 €
2012
05/25/2012
0.0331 €
0.0331 €
2011
05/24/2011
0.0331 €
0.0331 €
2010
05/24/2010
0.0315 €
0.0315 €
2009
05/15/2009
0.03 €
0.03 €
2008
05/16/2008
0.03 €
0.03 €
2007
05/25/2007
0.03 €
0.03 €
2006
05/02/2006
0.025 €
0.025 €
2005
05/03/2005
0.02 €
0.02 €
2004
04/27/2004
0.015 €
0.015 €
2001
04/24/2001
0.04 €
0.04 €
2000
04/26/2000
0.1 €
0.1 €
Sonae dividend capture strategy
Step 1: Buy Sonae shares (SON) one day before ex-dividend date
Date of purchase May 13, 2024
Next ex-dividend date May 14, 2024
Step 2: Sell Sonae shares (SON) when the price recovers.
Date of sale (estimated) May 20, 2024
Average price recovery 6 days
Average return on cost 5.78%
The dividend capture strategy is based on historical Sonae data. Past performance is no guarantee of future results.

Information about Sonae

Full name Sonae, SGPS, S.A.
Ticker SON
Sector Cyclical Consumer Products
Industry Department Stores
Market Capitalization 1.80B €
ISIN PTSON0AM0001
Number of Employees 36,979
Description of the company

Sonae SGPS S.A., (Sociedade Nacional de Estratificados), is a widely diversified company of Portuguese origin, with activities related to retail trade, telecommunications, shopping centers, etc.

It was founded in 1959 by Afonso Pinto Magalhães, initially operating as a wood processor, manufacturing high-pressure decorative laminated panels, remaining in its early years as an SME, created in 1985 Sonae Investimentos SGPS (Holding Company), SA, along with a process of expansion and diversification of its activities by acquiring new companies, among which the opening of the Hotel Porto Sheraton, the first hypermarket in Portugal, two other shopping centers and the purchase of the Star travel agency stand out.

Subsequently, they added other lines of business with the launch of the Público newspaper, ventured into the telecommunications sector, opened other shopping centers and positioned themselves internationally, reaching Spain, Egypt, Germany, Brazil, Turkey, Kazakhstan, Italy and Romania, being today the largest private company in Portugal with a workforce of over 39,000 employees.

Its businesses include Sonae MC, dedicated to food retailing; Sonae SR, specialized in non-food retailing; Sonaecom, focused on telecommunications, systems and media; Sonae Sierra, specialized in the international management of shopping centers; Sonae RP, focused on real estate asset management.

In addition to this it has active investments in Investment Management, Tourism specializing in the areas of Resorts, Hotel and Fitness, Energy with photovoltaic parks, Innovation, financial investments, among others, recorded in 2022 a turnover exceeding 7 million euros.

Frequently asked questions about Sonae dividends

Sonae pays dividends on a Anual basis.

Sonae is listed on the Euronext Lisbon and is part of the PSI 20.

Sonae has the Ticker or stock code SON.

The CEO of Sonae in 2024 is Ms. Maria Claudia Teixeira de Azevedo.

Sonae has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

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