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Groupe SEB's dividend policy is consistent over the long-term. It aims to ensure that shareholders receive fair remuneration for the capital they entrust with us, with a long-term strategy aimed at reasonably and regularly increasing the dividend when results allow it and stabilising it when the economic and financial circumstances require it.
Moreover, for all shares registered for two consecutive fiscal years, the Group pays a loyalty premium amounting to 10% of the dividend (rounded down to the lower cent where necessary). For a given shareholder, this loyalty premium may not however cover a number of shares exceeding 0.5% of the shareholder's equity. Dividends lapse after five years from the date on which they are initially paid out. After this deadline, unclaimed dividends are turned over to the State.