SES Approves Interim Dividend of EUR 0.25 as Part of EUR 450 Million in Cash Returns for 2024
The SES Board of Directors has approved an interim dividend of EUR 0.25 per A-share (EUR 0.1 per B-share), payable on 17 October 2024. This decision aligns with SES’s earlier announcement in February 2024, underscoring its commitment to shareholder returns.
This semi-annual dividend distribution better aligns with SES’s cash generation, ensuring more timely returns to shareholders. The interim dividend will be followed, pending shareholder approval, by a final dividend of at least EUR 0.25 per A-share (EUR 0.1 per B-share) in April 2025.
Alongside the ongoing share buyback program, SES is set to return EUR 450 million to shareholders in 2024. Since 2021, the company has returned over EUR 1 billion, representing nearly 100% of its Adjusted Free Cash Flow, all while maintaining an investment-grade balance sheet and continuing to invest in its future network.
About SES
SES aims to provide seamless global content and connectivity services via its fleet of geosynchronous and medium Earth orbit satellites. SES delivers reliable, high-quality connectivity solutions across land, sea, and air, serving telecommunications companies, mobile operators, governments, broadcasters, and content providers worldwide. Headquartered in Luxembourg, SES is listed on the Paris and Luxembourg stock exchanges (Ticker: SESG). For more information,
