Dividends

Dividend policy

Total’s dividend payment ensures that shareholders benefit from the growth of the company. Our dividend, paid quarterly to our shareholders, is proof of our commitment to long term value creation. With a dividend increasing or stable every year since 1982, it also offers an attractive yield.
total dividendes schema 02 2017 total dividendes schema 2018

By confirming the priority to implement its long term growth strategy, the Group provides visibility on shareholder return over the period 2018-20.

Starting from February 2018, the Group intends to buy back newly issued shares as part of the scrip dividend option, to avoid dilution, and offers to buy back up to 5 billion dollars in shares over the period 2018-20 to share with investors the benefits of the oil price upside.

Scrip Dividend

If approved by the Annual Shareholders' Meeting, all interim dividends will be paid in new shares or in cash. The Board of Directors, delegated by the Annual Shareholders' Meeting, determines the issue price of new shares for each interim dividend, including a 0 to 10% discount. It corresponds to the average opening price of the Total share during the 20 trading days preceding the Board's decision to award the interim dividend, reduced by the amount of the interim dividend, rounded up to the nearest euro cent.

Dividend announcements and history

Subject to decisions by the Board of Directors and shareholders at the 2020 Annual Meeting to approve the 2019 financial statements and the final dividend, the ex-dividend dates of the interim dividends and the final dividend for 2019 will be: 
  • September 27, 2019,
  • January 6, 2020,
  • March 30, 2020,
  • June 29, 2020

Read our Press Release

 €Calendar(1) for the interim dividends and the final dividend for 2018:

  Rate Ex-dividend date Payment date Period to opt in for the payment in new shares Subscription price for dividend payment in new shares
1st interim dividend 0.64 €/share September 25, 2018 October 12, 2018 September 25 to
October 4, 2018 (inclusive)
52.95 €/share
2nd interim ividend 0.64 €/share December 18, 2018 January 10, 2019    
3rd interim dividend 0.64 €/share March 19, 2019      
Final dividend 0.64 €/share June 11, 2019      

(1) Subject to decisions by the Board of Directors and shareholders at the Annual Meeting to approve the financial statements and the final dividend. These ex-dividend and payment dates relate to the Total shares traded on the NYSE Euronext Paris.

Coupon
Press release and Q&A
1st interim dividend
2nd interim dividend

 

The Combined General Meeting of Total, held on May 26, 2017, decided that each shareholder will have the option to receive any 2017 interim dividends in cash or in new shares of the Company.

Calendar(1) for the interim dividends and the final dividend for 2017:

  Rate Ex-dividend date Payment date
Subscription price for dividend payment in new shares
1st interim dividend 0.62 €/share September 25, 2017 October 12, 2017 41.12 €/share
2nd interim dividend 0.62 €/share December 19, 2017 January 11, 2018 46.55 €/share
3rd interim dividend 0.62 €/share March 19, 2018 April 9, 2018 45.70 €/share
Final dividend 0.62 €/share June 11, 2018 June 28, 2018 52.03 €/share

(1) Subject to decisions by the Board of Directors and shareholders at the Annual Meeting to approve the financial statements and the final dividend. These ex-dividend and payment dates relate to the Total shares traded on the NYSE Euronext Paris.

 

Coupon
Press release and Q&A
1st interim dividend
2nd interim dividend
3rd interim dividend
Final dividend

 

Calendar(1) for the interim dividends and the final dividend for 2018:

Coupon Rate ADR Ex-dividend date
ADR Payment date
1st interim dividend 0.64 €/share September 21, 2018 October 19, 2018
2nd interim dividend 0.64 €/share December 14, 2018 January 17, 2019
(1) Subject to decisions by the Board of Directors and shareholders at the Annual Meeting to approve the financial statements and the final dividend. These ex-dividend and payment dates relate to the Total ADRs.
 
Coupon Underlying Ex-dividend date
Underlying Share Payment date
1st interim dividend September 25, 2018 October 12, 2018
2nd interim dividend December 18, 2018 January 10, 2019

Calendar(1) for the interim dividends and the final dividend for 2017:

Coupon Rate ADR Ex-dividend date
ADR Payment date
1st interim dividend 0.62 €/share September 21, 2017 October 19, 2017
2nd interim dividend 0.62 €/share December 15, 2017 January 19, 2018
3rd interim dividend 0.62 €/share March 15, 2018 April 16, 2018
Final dividend 0.62 €/share June 7, 2018 July 6, 2018
(1) Subject to decisions by the Board of Directors and shareholders at the Annual Meeting to approve the financial statements and the final dividend. These ex-dividend and payment dates relate to the Total ADRs.
 
Coupon Underlying Ex-dividend date
Underlying Share Payment date
1st interim dividend September 25, 2017 October 12, 2017
2nd interim dividend December 19, 2017 January 11, 2018
3rd interim dividend March 19, 2018 April 9, 2018
Final dividend June 11, 2018 June 28, 2018

 

Calendar (1) for the interim dividends and the final dividend for 2016:

CouponRateADR Ex-dividend dateADR Payment date
1st interim dividend0.61 €/shareSeptember 22, 2016October 24, 2016
2nd interim dividend0.61 €/shareDecember 16, 2016January 20, 2017
3rd interim dividend0.61 €/shareMarch 15, 2017April 13, 2017
Final dividend0.62 €/shareMay 31, 2017June 29, 2017

(1) Subject to decisions by the Board of Directors and shareholders at the Annual Meeting to approve the financial statements and the final dividend. These ex-dividend and payment dates relate to the Total ADRs.

CouponUnderlying Ex-dividend dateUnderlying Share Payment date
1st interim dividendSeptember 27, 2016October 14, 2016
2nd interim dividendDecember 21, 2016January 12, 2017
3rd interim dividendMarch 20, 2017April 6, 2017
Final dividendJune 5, 2017June 22, 2017

Calendar (1) for the interim dividends and the final dividend for 2015:

CouponRateADR Ex-dividend dateADR Payment date
1st interim dividend0.61 €/shareSeptember 23, 2015October 29, 2015
2nd interim dividend0.61 €/shareDecember 16, 2015January 22, 2016
3rd interim dividend0.61 €/shareMarch 16, 2016April 19, 2016
Final dividend0.61 €/shareJune 1, 2016July 1, 2016

(1) These ex-dividend and payment dates relate to the Total ADRs.

CouponUnderlying Ex-dividend dateUnderlying Share Payment date
1st interim dividendSeptember 28, 2015October 21, 2015
2nd interim dividendDecember 21, 2015January 14, 2016
3rd interim dividendMarch 21, 2016April 12, 2016
Final dividendJune 6, 2016June 23, 2016
 Nature of the couponEx-dividend datePayment dateNet amount (€)
2016 :
2,45 €/share
Final dividend
3rd interim dividend
2nd interim dividend
1st interim dividend
05/06/2017
20/03/2017
21/12/2016
27/09/2016
22/06/2017
06/04/2017
12/01/2017
14/10/2016
0,62
0,61
0,61
0,61
2015 :
2,44 €/share
Final dividend
3rd interim dividend
2nd interim dividend
1st interim dividend
06/06/2016
21/03/2016
21/12/2015
28/09/2015
23/06/2016
12/04/2016
14/01/2016
21/10/2015
0,61
0,61
0,61
0,61
2014 :
2,44 €/share
Final dividend
3rd interim dividend
2ndinterim dividend
1st interim dividend
08/06/2015
23/03/2015
15/12/2014
23/09/2014
01/07/2015
25/03/2015
17/12/2014
26/09/2014
0,61
0,61
0,61
0,61
2013 :
2,38 €/share
Final dividend
3rd interim dividend
2ndinterim dividend
1st interim dividend
02/06/2014
24/03/2014
16/12/2013
24/09/2013
05/06/2014
27/03/2014
19/12/2013
27/09/2013
0,61
0,59
0,59
0,59
2012 :
2,34 €/share
Final dividend
3rd interim dividend
2ndinterim dividend
1st interim dividend
24/06/2013
18/03/2013
17/12/2012
24/09/2012
27/06/2013
21/03/2013
20/12/2012
27/09/2012
0,59
0,59
0,59
0,57
2011 :
2,28 €/share
Final dividend
3rd interim dividend
2ndinterim dividend
1st interim dividend
18/06/2012
19/03/2012
19/12/2011
19/09/2011
21/06/2012
22/03/2012
22/12/2011
22/09/2011
0,57
0,57
0,57
0,57
2010 :
2,28 €/share
Final dividend
Interim dividend
23/05/2011
12/11/2010
26/05/2011
17/11/2010
1,14
1,14
2009 :
2,28 €/share
Final dividend
Interim dividend
27/05/2010
13/11/2009
01/06/2010
18/11/2009
1,14
1,14
2008 : 
2,28 €/share
Final dividend
Interim dividend
19/05/2009
14/11/2008
22/05/2009
19/11/2008
1,14
1,14
2007 : 
2,07 €/share
Final dividend
Interim dividend
20/05/2008
16/11/2007
23/05/2008
16/11/2007
1,07
1
2006 : 
1,87 €/share
Final dividend
Interim dividend
18/05/2007
17/11/2006
18/05/2007
17/11/2006
1
0,87