Dividend
Michelin’s commitment to its shareholders.
PROPOSED DIVIDEND PER SHARE FOR THE PERIOD
Michelin Dividend per share 2025
* Subject to approval by the Annual Shareholders Meeting of May 22, 2026.
PAY-OUT RATIO OF CONSOLIDATED NET INCOMES
| Payout ratio | |
|---|---|
| in 2025 | +57% |
| in 2024 | +52.1% |
| in 2023 | +48.7% |
| in 2022 | +44.4% |
| in 2021 | +43.5% |
| in 2020 | +65.3% |
| in 2019 | +20.6% |
2026 Calendar
May 22, 2026: Annual General Meeting
May 28, 2026 : Dividend payment
PRACTICAL INFORMATION
If your shares are directly registered with the Company (nominatif pur), the dividend will be paid automatically by Société Générale Securities Services, without any fees.
If your shares are indirectly registered (nominatif administré), the dividend will be paid by the bank or broker managing your account, under its own terms and conditions.
If ownership rights are divided between usufructuaries and bare owners (démembrement), the dividend will be paid to the usufructuaries.In the case of ownership in common (indivision), the dividend will be paid to each tenant in common pro-rata to his or her percentage of ownership.
Becoming a shareholder
Join an extraordinary human adventure that began more than 130 years ago with an innovative Group, leader in sustainable development.