By  on December 14, 2017

PARIS — Kering shareholders are set to reap the benefit of the French luxury group’s stellar performance in 2017. The owner of brands including Gucci, Saint Laurent and Balenciaga said it will pay out an interim dividend of 2 euros for the 2017 financial year, up by 33 percent versus the previous year.

The interim dividend will be paid on Jan. 17 on positions closed the previous evening, Kering’s board decided at a meeting on Thursday. The balance of the dividend for 2017 will be set by the board on Feb. 12 and put to the vote at the next annual general meeting on April 26.

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