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Why is ker trading at a 326% premium?

KER is trading at a 326% premium. Gucci is one of the top three global luxury brands by customer awareness, with a global footprint of over 500 stores and strong margins. The Gucci brand can fall victim to overexpansion risk and customer fatigue after a period of extremely strong volume growth and industry outperformance pre-covid-19.

When was Kering's 2023 dividend approved?

The dividend for 2023 was approved during the Annual General Meeting held on April 25, 2024. Indicative Agenda - Balance of the dividend: Kering’s goal is to maintain well-balanced payout ratios taking into account changes in net income from continuing operations (excluding non-recurring items), Group share, as well as available cash flow.

Who is eligible for a Kering dividend?

To be eligible for the dividend, shareholders must hold at least one Kering share on the record date. The dividend is automatically paid, without any specific required procedure from the shareholder. 1.

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