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Dividend policy of CNP Assurances

While confirming the terms of the press release on 18 March 2020 regarding the company's financial stability, the Board decided to change the agenda for the General Meeting on 17 April 2020 in order to once again propose retaining all 2019 earnings instead of distributing dividends

This decision, which was made against a background of changing legal and regulatory circumstances, follows the various announcements and recommendations on the subject by regulators and French government. The Board of Directors will conduct regular assessments over the coming months to see if and under what conditions another General Meeting may be held to approve the distribution of dividends. 

This decision was approuved by the General Meeting on 17 April 2020.

Dividend evolution

Dividend per share€ 0,77€ 0,77€ 0,77€ 0,80€ 0,84€ 0,89
Earnings per share€ 1,46€ 1,49€ 1,54€ 1,64€ 1,80€ 1,92
Dividend payout ratio*53%52%50%49%47%47%
Average return ratio**6,2%5,1%5,4%5,5%4,2%4,4%

* Dividend per share / Earnings per share
** Dividend per share / Average price


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The CNP Assurances share price and stock market indices are provided for information purposes only and not for the purpose of carrying out transactions. Before any transaction, we invite you to consult your financial intermediary. CNP Assurances declines any responsibility in the event of errors, delays or interruptions of the update of the share price on this website.