ENXTPA:GLEBanks
How New Dividend Policy Will Impact Societe Generale Shares Investors
Société Générale Société anonyme outlined its roadmap to 2029 at a Bank of America conference and confirmed a distribution policy targeting a 50% payout of reported net income through a mix of cash dividends, share buybacks and an interim dividend each fourth quarter.
The group indicated that ordinary distributions are expected to exceed €13 billion between 2026e and 2029, with additional capital returns possible if common equity tier 1 capital rises above a 13% threshold, which puts capital...