I enjoy my benefits
We include all Air Liquide Shareholders in our growth. This is why dividends are paid yearly and represent approximatively 55% of net profit. In addition, Free Share attributions regularly occur for all Shareholders, whether they are with Air Liquide directly (direct registered) or with their financial institution (bearer or intermediary registered).
Your loyalty, rewarded
We reward the trust that our registered Shareholders give us, whether they are direct registered (directly with Air Liquide) or intermediary registered (with their financial institution). By holding registered shares for at least two full calendar years, you will receive a loyalty bonus: more dividends paid and more Free Shares attributed.
Holding registered shares for 2 full calendar years
+10% on the dividend amount
+10% of Free Shares
Your dividends
Approximately 55% of net profit: that is what we distribute to our Shareholders. It is a testament to the Group’s desire to include you in the fruits of its growth.
Dividend amount
The amount is submitted for Shareholder approval at the General Meeting.
At the General Meeting on April 30, 2024, the payment of a dividend of 3.20 euros per share will be proposed to shareholders for the 2023 fiscal year, representing an increase of +8.5% compared with the previous year. The ex-dividend date has been set for May 20, 2024, and the payment is scheduled for May 22, 2024. Moreover, a Free Share attribution, on the basis of one Free Share for every 10 shares held, as well as the application of a loyalty bonus, are planned for June 2024.
Dividend payments
If you are a direct registered Shareholder, the dividend minus any withholdings will be paid directly into your bank account by Air Liquide.
f you are an intermediary registered or bearer Shareholder, we will pay the gross dividend to your financial institution, which will then credit your account with the dividend minus any withholdings.
Advance withholding exemptions
When you receive dividends, there is a 30% withholding: 17.2% is withheld for social contributions, while 12.8% is an advance tax withholding.
If your reference taxable income is less than €50,000 for an individual or less than €75,000 for joint filing, you can request an exemption from the advance withholding.
You should send your account manager a sworn statement between September 1 and November 30 every year.
For Shareholders whose shares are directly held with Air Liquide as direct registered shares, you can request this exemption from your Shareholder Portal and obtain confirmation that your request was received.
Your loyalty bonus
For registered shares held for longer than two full calendar years, you will receive an additional +10% on the amount of dividends received and be attributed an additional +10% in free shares. It is our way of thanking you for your loyalty.
How to receive it
It couldn’t be easier! In fact, you do not have to do anything if you:
- Hold direct registered shares (directly with Air Liquide) or intermediary registered shares (with a financial institution that you have asked to convert your shares into intermediary registered shares)
- Have held your shares for more than two full calendar years
- Still hold them when dividends are paid and Free Shares are attributed
As a result, if you purchase direct registered shares (directly from Air Liquide) in 2024 or if you request your bearer shares to be converted into intermediary registered shares (from your financial institution) before December 31, 2024, you will begin receiving your loyalty bonus from 2027.
Typical calendar
2024 |
Ask your financial institution to convert your shares to intermediary registered shares before December 31, 2024 |
---|---|
2025-2026 |
Hold onto your shares for two full calendar years |
2027-2028-2029... |
Receive your first loyalty bonus in 2027 for your intermediary registered shares and continue receiving it every year as long as you keep your intermediary registered shares |
Your Free Shares
Our Free Share attribution lets you grow your portfolio. This occurs regularly at Air Liquide, with ten attributions over the past 20 years. The next free share attribution on the basis of one free share for every 10 shares held, as well as the application of a loyalty bonus will take place in June 2024.
+10%
of Free Shares for registered Shareholders.
Increasing your stock portfolio’s value
We distribute approximately 55% of our net profit to our Shareholders: this is part of Air Liquide’s shareholder policy.
The Group regularly distributes Free Shares, which lets you not only grow your share holdings, but also your future dividends. Moreover, if you hold registered shares for more than two full calendar years, the loyalty bonus entitles you to +10% more Free Shares (subject to the conditions defined by Air Liquide’s articles of association).
Free Shares have the same benefits as the shares they are derived from loyalty bonus, seniority, voting rights and dividend rights.
What happens if the number of shares you hold is not a multiple of the attribution transaction?
Why choose intermediary registered shares?
Intermediary registered shares let you stay with your financial institution and receive the loyalty bonus for shares you have held for more than two full calendar years. This type of shareholding notably lets you keep your Air Liquide securities in your share savings plan, all while maintaining your eligibility for the loyalty bonus.
You must ask your financial institution to convert your shares to intermediary registered shares, otherwise, your shares remain bearer shares and are not eligible for the loyalty bonus. Your financial institution may charge you finance fees for this conversion.
You can download our form for conversion to intermediary registered shares by clicking on the link below:
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Conversion of bearer securities to intermediary registered securities
Download the document PDF (278.48 KB)
Stay in touch with your Group!
Want to stay up-to-date with Air Liquide’s news? Subscribe to our digital communications.
As a subscriber, you can:
- Stay informed about the Group’s news, learn about the quarterly results and receive our monthly newsletter
- Be invited to events like Air Liquide meetings with Shareholders and other share ownership events
- Take part in our contests, like the Night Fountains Shows at Versailles
There are two ways to subscribe:
- For registered Shareholders, subscribe via the Shareholder Portal
- For bearer Shareholders, click on the link below
Shareholders' Communication Committee
With its 35 years of experience, the Shareholders' Communication Committee (SCC) aims to establish regular exchanges between the 12 members representing Shareholders, the Group's Chairman and the Air Liquide teams in charge of Shareholders. What are the Committee's missions? How can you become a member?