Does Hermes Give Dividends?

Are you considering investing in Hermes, the French luxury goods manufacturer? If so, you may be wondering if the company offers dividends to its shareholders. In this article, we’ll take a closer look at Hermes and whether or not it pays dividends.

What is Hermes?

Hermes International S.A., commonly referred to as just Hermes, is a French high fashion luxury goods manufacturer. The company was founded in 1837 by Thierry Hermes and has since become known for its iconic products such as the Birkin bag and the Kelly bag.

Does Hermes Give Dividends?

Yes, Hermes does pay dividends to its shareholders. In fact, the company has a long history of paying out dividends consistently over the years. However, it’s important to note that the amount of the dividend can vary from year to year and is subject to change based on various factors such as company performance and market conditions.

Hermes’ Dividend History

To get a better understanding of Hermes’ dividend history, let’s take a look at some of the recent dividend payouts:

  • In 2020, Hermes paid out a dividend of €5 per share.
  • In 2019, Hermes paid out a dividend of €4.55 per share.
  • In 2018, Hermes paid out a dividend of €4.10 per share.

As you can see from these examples, Hermes’ dividend payout has been increasing steadily over time. However, it’s important to keep in mind that past performance is not necessarily indicative of future results.

Factors That Affect Dividend Payouts

While it’s true that Hermes has a history of paying dividends consistently, there are several factors that can affect how much the company pays out each year. Some of these factors include:

  • Company performance
  • Market conditions
  • Competition within the industry
  • Changes in tax laws

Conclusion

In conclusion, Hermes does pay dividends to its shareholders and has a history of doing so consistently. However, it’s important to keep in mind that dividend payouts can vary from year to year and are subject to change based on various factors. If you’re considering investing in Hermes, it’s always a good idea to do your research and consult with a financial advisor before making any investment decisions.