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Pernod-Ricard relaunch its dividend with the end of the crisis

Saturday Jun 26, 2010

Pernod Ricard announces the distribution of an interim dividend for FY 2009-2010 far exceeds the total dividend distributed during the 2008-2009 fiscal year, a year when the group had to make savings because of the crisis.

Its board of directors decided to pay an interim dividend of 0.61 euro per share against a total dividend of 0.50 euro for the previous year.

The deposit will be posted Friday, July 2 and payable Wednesday, July 7, 2010.

A spokesman for the group declined to given any indication on the total dividend which shareholders could expect for the year 2009-2010.

The producer of Pastis has already announced to shareholders that he wanted to resume his practice before the crisis, which was to distribute a cash dividend representing one third of its net current.

Ricard Pernod has reported a significant rebound from its sales for the first three months of 2010 and will announce its annual results on September 2nd.

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