Search icon Homepage / Investors / Equity Investors Dividends A new dividend and capital returns policy that combines a progressive annual base dividend with a variable component that is linked to the free cash flow of the business. Following the achievement of the Group’s net debt target, and in line with its previous statements, the Board has approved a new capital return policy The Company expects to pay a base annual dividend. After paying this base dividend, 50% of the surplus free cash flow (i.e. free cash flow after payment of the base dividend and dividend to minorities) can be allocated to a share buyback program to be completed over the subsequent 12-month period. Should the ratio of net debt to EBITDA be greater than 1.5x then only the base dividend would be paid. According to this policy, the Board of Directors recommends a $0.30/share base dividend to be paid on 15 June 2021, subject to the approval at the next general meeting of shareholders. Detailed dividend schedule 2021 Announcement date 06 May 2021 FX Exchange rate* 31 May 2021 Ex-Dividend 10 June 2021 Record Date 11 June 2021 Payment Date 15 June 2021 In order to benefit from exemption of Luxembourg dividend withholding tax at source, an “Informative Memorandum” describing the procedure to obtain an exemption at source of the Luxembourg dividend withholding tax is available here. *Exchange rate ECB: 1€ = 1.2201$. Gross dividend/share € 0.24588149. Net dividend/share 0.20899926. Back to top Subscribe Sign up for alerts ©2021 ArcelorMittal Corporate library Contact us Suppliers Terms of Use Privacy Policy Accessibility UK Modern Slavery Act COVID-19 (coronavirus): ArcelorMittal response We use cookies We use cookies on this website. Please indicate whether or not you accept our use of cookies. For more information read our Cookie Policy. Accept Decline