Investor Relations > Shares > Dividend

Stock dividend

In accordance with our dividend policy, and depending on our company's financial and profit situation and financial requirements at the time, we aim to pay out around 50% of the group's operating result to our shareholders and retain the other half as a reserve for future investments.

The Annual General Meeting of 26 March 2021 followed the recommendation of the Management Board and Supervisory Board and decided on the dividend payout for the 2020 financial year. On March 31, 2021 € 0.55 was paid out for each preference share and € 0.50 for each ordinary share.

 

 

Development of dividend payouts over the past ten years:

Financial year2020201920182017201620152014201320122011
Dividend per preference share€ 0.55€ 0.55€ 0.60€ 0.57€ 0.53€ 0.49€ 0.44€ 0.42€ 0.40€ 0.40
Dividend per ordinary share€ 0.50€ 0.50€ 0.55€ 0.52€ 0.48€ 0.44€ 0.39€ 0.37€ 0.35€ 0.35