Dividend distribution for the year 2019

Following the proposal of the Board of Directors of Arnoldo Mondadori Editore adopted on 17 March 2020 on the allocation of the profit for 2019 and the distribution of the dividend, the majority shareholder Fininvest, noted positively the assessment of the Board of Directors  on its ability to generate cash flows and to support a balanced dividend policy. However, it noted the evolution of the COVID-19 emergency and the continuing uncertainty about the slowdown that could be determined on demand and the economic cycle also as a result of the measures gradually adopted in Italy and abroad to contain and restrict production activities.
Fininvest, while confirming that it shares the reasons that led to this proposal, believes, given the scenario that has emerged in the meantime, that the Mondadori Group’s interest in having every economic and financial resource at its disposal to deal with the emergency is paramount. Fininvest therefore announced that, during the shareholders’ meeting called for 22 April, it would decide not to accept the original proposal of the Board of Directors on the distribution of the dividend, thus leaving it up to the subsequent evaluation of the Board to call a shareholders’ meeting in the second half of 2020 to propose the possible distribution of reserves, should the economic scenario, due to a greater visibility of the impact of the COVID-19 emergency, allow it.
The Shareholders’ Meeting approved the proposal.

Financial Year Coupon detachment Dividends payable from Gross dividend per ordinary share Extraordinary dividend Gross dividend per saving share EPS* Pay out**
2020  –  – – – – 0.017 –
2019  –  – – – – 0.112 –
2018  –  – – – – (0.677) –
2017  –  – – – – 0.116 –
2016  –  – – – – 0.086 –
2015  –  – – – – 0.024 –
2014  –  – – – – 0.002 –
2013  –  – – – – – –
2012  –  – – – – – –
2011  –  – – – – 0.21 –
2010 2011-05-23 2011-05-26 0.17 – – 0.18 0.98
2009  –  – – – – 0.14 –
2008  –  – – – – 0.41 –
2007 2008-05-19 2008-05-22 0.35 – – 0.47 0.76
2006 2007-05-21 2007-05-24 0.35 – – 0.45 0.79
2005 2006-05-22 2006-05-25 0.35 0.25 – 0.48 1.28
2004 2005-05-23 2005-05-26 0.35 – – 0.46 0.76
2003 2004-05-24 2004-05-27 0.3 – – 0.34 0.88
2002 2003-05-19 2003-05-22 0.25 – 0.25 – 2.11
2001 2002-05-20 2002-05-23 0.22 0.4 0.62 0.28 –
2000 2001-05-21 2001-05-24 0.21 – 0.25 0.27 0.93

* EPS: consolidate profit dividend by the total number of shares
** Pay out: calculated on consolidated net income