Dividend | Givaudan

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Givaudan’s history of delivering with excellence is supported by strong financial performance and the creation of significant value for shareholders.

Since the Company’s IPO in 2000, we have created over CHF 30 billion of total shareholder return, with an average annual yield of 10.5% compared with 4.1% for the SMI Index in the Swiss market.

Dividend payment

Our target is to return profit to shareholders through progressive dividend payment, taking into account the Company’s financial position and strategy. The dividend has risen year on year, reflecting this commitment to return cash to shareholders.

Explore the dynamic graph on our dividend per share

Over the last 10 years Givaudan’s dividend increased steadily along with a relatively stable free cash flow resilience.

Dividend in 2023

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Dividend in 2023

In 2023, Givaudan’s free cash flow was CHF 920 million. At the Annual General Meeting on 21 March 2024, Givaudan’s Board of Directors approved the cash dividend of CHF 68.00 per share for the financial year 2023, an increase of 1.5% year-on-year.

Dividend calendar

Monday 25 March 2024: ex-dividend trading date
Wednesday 27 March 2024: dividend payment date

Dividends 2009-2023

Financial year	Dividend per share (CHF)	Increase	Date of payment	Dividend yield¹	Payout ratio
2023	68.00	1.5%	27 March 2024	1.95%	70%
2022	67.00	1.5%	29 March 2023	2.36%	72%
2021	66.00	3.1%	30 March 2022	1.38%	74%
2020	64.00	3.2%	31 March 2021	1.72%	79.4%
2019	62.00	3.3%	31 March 2020	2.04%	81%
2018	60.00	3.4%	3 April 2019	2.6%	83%
2017	58.00	3.6%	28 March 2018	2.6%	74%
2016	56.00	3.7%	29 March 2017	3.0%	80%
2015	54.00	8.0%	23 March 2016	3.0%	80%
2014	50.00	6.4%	25 March 2015	2.8%	82%
2013	47.00	30.6%	27 March 2014	3.7%	89%
2012	36.00	63.6%	28 March 2013	3.7%	81%
2011	22.00	2.3%	29 March 2012	2.5%	81%
2010	21.50	4.4%	31 March 2011	2.1%	58%
2009	20.60	3.0%	6 April 2010	2.5%	88%