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Covid-19 crisis: An update on dividends from luxury companies

Covid-19 crisis: An update on dividends from luxury companies

Faced with the Covid-19 pandemic, luxury companies must adapt to a new context of economic crisis. Postponement of payments, suspension of dividends, restrictions, redistributions: they do not all make the same choices to preserve themselves and protect their cash flow. Overview of major luxury groups’ decisions with regard to their shareholders.

 

To pay or not to pay dividends, that is the question of the boards of directors of the large luxury companies in the midst of the Covid-19 epidemic. Hermès, Accor, EssilorLuxoticca, etc. Hermès, Accor, Essilor-Luxoticca, etc.: each is taking its own initiative by proposing deferred payments, reductions or even cancellations, while others are abstaining.

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Featured photo: © Ministère de l’Économie et des Finances, de l’Action et des Comptes publics

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