Heidelberg Materials plans to raise its dividend by 10 per cent to EUR3.30 per share for the 2024 financial year, pending shareholder approval at the Annual General Meeting on 15 May. This increase from EUR3.00 per share reflects the company’s strong financial performance, yielding 2.8 per cent based on a share price of EUR119.3 as of 31 December 2024.
The company remains committed to shareholder returns, continuing its EUR1.2bn share buyback programme set to run until 2026. In November 2024, shares worth EUR350m were repurchased and cancelled in February 2025. A second tranche will commence after the May 2025 meeting. This strategy highlights Heidelberg Materials’ focus on rewarding investors while maintaining sustainable growth.
