European Dividend Aristocrats and French cosmetic giant L’Oreal’s (OR.PA) board of directors has decided to renounce the planned increase in the dividend of 10.4%, and consequently to propose to the Annual General Meeting a dividend of €3.85. The company’s annual general meeting is set for June 30 and will take place behind closed doors. Since…
European dividend aristocrat L’Oréal (OR.PA) and the world’s biggest make-up company revenues reached 29.87 billion euros as reported on 31 December 2019, up 10.9%. On a like-for-like basis, sales growth reached 8.0%. Net profit reached 4.4 billion euros, compared to 4 billion euros in 2018. On the news, L’Oréal is trading at $277 up almost…
European Dividend Aristocrat L’Oréal (OR.PA), the French cosmetics giant, is worldwide known for its cosmetic products and has a very impressive track record. The company has a long history of steady dividend increases. In fact, L’Oréal is in Europe the Dividend Aristocrat with the longest track record of consecutive dividend increases each year, if its…