Dividend Policy

As set out in the 2016 Annual Report, for the 2017 financial year and beyond, GVC pursues a progressive dividend policy, which reflects the growth in the business and with the objective to return no less than 50% of free cash flow.

On 14 September 2017 the Group declared an interim dividend of 16.5€c per share to be paid on 19 October 2017. This declared interim dividend is expected to represent 50% of the aggregate full year payout. The 2017 Interim dividend marked a resumption of ordinary dividend payments following the dividend holiday between 1 February 2016 and 1 February 2017, which related to the Cerberus Loan used to part-finance the acquisition of bwin.party.

To coincide with the end of the dividend holiday, in December 2016, the Group declared a special dividend of 14.9€c per share and subsequently paid in February 2017. A final dividend of 15.1€c per share in relation to the 2016 financial year was declared in March 2017 and paid to shareholders in May 2017.

2017 Interim dividend timetable

14 September 2017 Dividend declared
21 September 2017 Ex-dividend date
22 September 2017 Record date
19 October 2017 Payment

Dividend History & FX Rates

Recent dividend history

Ordinary and special dividends declared in fiscal year.

Recent Dividend History



Record of dividends per share and EUR/GBP rates used since 2007

Date declared Headline rate   Divi per share
in EUR
  Divi per share
in pence
  Actual
FX rate
  Notes
01/05/2007 1.4697   19.3   13.00   (six figures)   Dividend declared in GBP
at 13p per share
01/10/2007 1.4388   20.0   13.90   1.438849    
01/05/2008 1.2658   20.0   15.90   1.257862    
01/10/2008 1.2634   20.0   15.83   1.263424    
01/05/2009 1.1254   20.0   17.77   1.125492    
01/10/2009 1.0953   20.0   18.26   1.095290    
01/06/2010 1.1915   50.0   41.96   1.191500    
28/09/2010 1.1400   10.0   8.77   1.1400    
28/03/2011 1.1312   10.0   8.84   1.131222    
29/09/2011 1.1547   10.0   8.66   1.154734    
25/05/2012 1.2523   11.0   8.7835   1.252348    
19/09/2012 1.2405   15.0   12.09   1.240541    
25/01/2013 1.1875   7.0   5.895   1.187507    
                   
Subtotal     232.30   189.66        

Dividends paid / declared since acquisition of Sportingbet plc on 19 March 2013

01/07/2013 1.1582   10.5   9.0658   1.158199   First Interim dividend, 2013
25/09/2013 1.1910   10.5   8.816106   1.191002   Second Interim dividend, 2013
09/01/2014 1.2105   11.5   9.500   1.210526   Third Interim dividend, 2013
09/04/2014 1.219   11.5   9.434   1.219   Final dividend
09/04/2014 1.219   4.5   3.691   1.219   Special dividend
15/07/2014 1.26645   12.5   9.87   1.26645    
22/09/2014 1.27632   12.5   9.79   1.276324   Special Interim dividend
22/09/2014 1.27632   2.5   1.96   1.276324   Special dividend
12/01/2015 1.30250   12.5   9.60   1.3025   Third interim dividend
23/03/2015 1.3600   14.0   10.29   1.360544   Final dividend 2014
23/03/2015 1.3600   1.5   1.10   1.360544   Final dividend 2014 - Special
08/07/2015 1.43479   14.0   9.7575   1.43479   Quarterly dividend 2015
08/10/2015 1.35302   14.0   10.3472   1.35302   Second interim dividend, 2015
03/11/2016 1.19200   14.9   12.50   1.192000   Special dividend 2016
(increased 15/02/16)
23/03/2017 1.15647   15.1   13.057   1.156470   Second special dividend 2016
14/09/2017 1.12858   16.5   14.620   1.128576   Interim dividend
                   
Subtotal     178.5   204.277        
Total since 01.05.2007     410.8   333.057        

 

Website updated: 21 September 2017