People 2020 027 (2)

Dividends and share buyback

For the operational year 2021, Marel paid around EUR 39 million to shareholders in the form of dividends. Marel’s dividend policy was first disclosed at Marel’s annual general meeting in March 2011. Over the past few years, the dividend payout ratio has been between 20-40%. No treasury shares were purchased in 2021.

Dividend policy

  • Target of 2-3 times Net debt/EBITDA ratio
  • Excess capital used to stimulate growth and value creation, as well as paying dividends
  • Dividend or share buyback targeted at 20-40% of net profits

Dividend history

Please note that the information for each year relates to previous year of operations.

Year of payment

2022 2021 2020 2019 2018 2017 2016 2015 20141 2013
Dividend per share EUR cents 5.12 5.45 5.79 5.57 4.19 2.14 1.58 0.48 0.00 0.97
Dividend yield, %2 0.86% 1.09% 1.27% 2.0% 1.6% 1.0% 0.9% 0.5% - 1.2%
Payout ratio, %3 40% 40% 40% 30% 30% 20% 20% 30% - 20%
Ex. Dividend date Mar 18 Mar 19 Mar 20 Mar 07 Mar 07 Mar 03 Mar 03 Mar 05 - Mar 07
Record date Mar 21 Mar 22 Mar 23 Mar 08 Mar 08 Mar 06 Mar 04 Mar 06 - Mar 11
Payment date Mar 30 Apr 07 Apr 08 Mar 27 Mar 27 Mar 23 Mar 23 Mar 27 - Apr 05

1 No dividend was paid 2014 for the operational year 2013.
2 Dividend yield, %: Dividend per share / Price per share at previous year-end
3 Payout Ratio: Total dividend paid / Net income of previous year

Helix Drum Formed Tenderloins

Withholding tax on dividends

Information for shareholders who are residents in Iceland, individuals and legal entities holding shares listed on Euronext Amsterdam and limited liability companies resident in the EEA, a state party to EFTA or in the Faroe Islands.

Processing Plant Services Spare Parts

Share buyback program

Marel initiated a share buy-back program on Nasdaq Iceland 1 June 2022 and on Euronext Amsterdam 2 June 2022. The purpose of the share buy-back programs is to meet the Company's obligations under share incentive programs. Information on the share buy-back programs can be found on this page including press releases and detailed information on transactions.

Transaction history in relation to share buyback programs XLSX (0.2MB)

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