Total dividend bookyear 2018: € 3.380*

Special dividend

proposed amount
€ 1.110
announcement date
Mar 26, 2019
ex-coupon date
payment date

In 2018, we further enhanced our financial position. Our business showed sustained growth throughout the year, and we improved our underlying earnings. As a result, we will propose to our shareholders an all-time-high cash dividend of € 3.38 per ordinary share for 2018, up 22% year-on-year. This consists of a regular dividend of € 2.27 (2017: € 2.07), representing a payout of 50% of the basic underlying EPS. In addition, we propose a special cash dividend of € 1.11 per ordinary share, given our year-end 2018 leverage ratio of 0.8.

The ex-dividend date for the regular dividend will be March 28, 2019. The number of shares entitled to the regular dividend will be determined on March 29, 2019 (record date). The payment of the regular cash dividend will take place on April 2, 2019. The payment of the special cash dividend will take place in Q4 2019, on a specific date to be determined by the Executive Board and to be announced on the Randstad website.

We are also proposing a dividend payment on preference shares B and C of € 12.6 million.

Final dividend

proposed amount
€ 2.270
announcement date
Mar 26, 2019
ex-coupon date
Mar 28, 2019
payment date
Apr 2, 2019

In 2018, we further enhanced our financial position. Our business showed sustained growth throughout the year, and we improved our underlying earnings. As a result, we will propose to our shareholders an all-time-high cash dividend of € 3.38 per ordinary share for 2018, up 22% year-on-year. This consists of a regular dividend of € 2.27 (2017: € 2.07), representing a payout of 50% of the basic underlying EPS. In addition, we propose a special cash dividend of € 1.11 per ordinary share, given our year-end 2018 leverage ratio of 0.8.

The ex-dividend date for the regular dividend will be March 28, 2019. The number of shares entitled to the regular dividend will be determined on March 29, 2019 (record date). The payment of the regular cash dividend will take place on April 2, 2019. The payment of the special cash dividend will take place in Q4 2019, on a specific date to be determined by the Executive Board and to be announced on the Randstad website.

We are also proposing a dividend payment on preference shares B and C of € 12.6 million.

Total dividend bookyear 2017: € 2.760*

Special dividend

amount
€ 0.690
announcement date
Mar 27, 2018
ex-coupon date
payment date

In 2017, we further enhanced our financial position. Our business showed sustained growth throughout the year, and we improved our underlying earnings. As a result, we will propose to our shareholders an all-time high cash dividend of € 2.76 per ordinary share for 2017, up 46% year-on-year. This consists of a regular dividend of € 2.07 (2016: € 1.89), representing a payout of 50% of the basic underlying EPS. In addition, we propose a special cash dividend of €0.69 per ordinary share, given our year-end 2017 leverage ratio of 0.9 and our new capital allocation strategy immediately applied to FY 2017.

The ex-dividend date for the regular dividend will be March 29, 2018. The number of shares entitled to the regular dividend will be determined on April 3, 2018 (record date). The payment of the regular cash dividend will take place on April 5, 2018.The payment of the special cash dividend will take place in Q3 2018, on a specific date to be determined by the Executive Board and to be announced on the Randstad website.

We are also proposing a dividend payment on preference shares B and C of € 12.6 million.

Final dividend

proposed amount
€ 2.070
announcement date
Mar 27, 2018
ex-coupon date
Mar 29, 2018
payment date
Apr 5, 2018

In 2017, we further enhanced our financial position. Our business showed sustained growth throughout the year, and we improved our underlying earnings. As a result, we will propose to our shareholders an all-time high cash dividend of € 2.76 per ordinary share for 2017, up 46% year-on-year. This consists of a regular dividend of € 2.07 (2016: € 1.89), representing a payout of 50% of the basic underlying EPS. In addition, we propose a special cash dividend of €0.69 per ordinary share, given our year-end 2017 leverage ratio of 0.9 and our new capital allocation strategy immediately applied to FY 2017.

The ex-dividend date for the regular dividend will be March 29, 2018. The number of shares entitled to the regular dividend will be determined on April 3, 2018 (record date). The payment of the regular cash dividend will take place on April 5, 2018.The payment of the special cash dividend will take place in Q3 2018, on a specific date to be determined by the Executive Board and to be announced on the Randstad website.

We are also proposing a dividend payment on preference shares B and C of € 12.6 million.

Total dividend bookyear 2016: € 1.890

Final dividend

amount
€ 1.890
announcement date
ex-coupon date
payment date

Total dividend bookyear 2015: € 1.680

Final dividend

amount
€ 1.680
announcement date
ex-coupon date
payment date

Total dividend bookyear 2014: € 1.290

Final dividend

amount
€ 1.290
announcement date
ex-coupon date
payment date

Dividend history

financial events

Company information

Source: company website, April 2018

Randstad is a global leader in the HR services industry. By combining our passion for people with the power of today’s intelligent machines, we support people and organizations in realizing their true potential. We call this Human Forward.

Dividend policy

Source: annual report 2017

We aim for a payout ratio of 40% to 50% of net profit adjusted for amortization and impairment of acquisitionrelated intangible assets and goodwill, integration costs, and one-os. Additionally, we have implemented a conditional cash floor dividend of € 1.62 per share. This baseline dividend level will be maintained even when the general 40-50% payout ratio is temporarily exceeded, barring (i) seriously adverse economic conditions, (ii) material strategic changes to the sector and (iii) a material deterioration in our solvency & liquidity ratios.