Dividend

Dividend payments are the cornerstone to deliver attractive shareholder returns. Our commitment to dividend continuity is based on paying out 40% to 60% of net profit as dividends. Since the target pay-out ratio was defined in 2010 the Dividend per Share constantly increased:

Our finance strategy calls for paying out 40% to 60% of net profit as dividends as a general rule. The AGM decided a dividend of €1.85 per share for financial year 2023 to shareholders at the Annual General Meeting on May 3, 2024 (previous year: €1.85). The payout ratio in relation to the consolidated net profit attributable to Deutsche Post AG shareholders is 59.0%. The dividend yield based on the 2023 year-end closing price for shares is 4.1%.

The financial year 2023 dividend of €1.85 per no-par value share carrying dividend rights will generally be disbursed by the custodian banks less 25% capital gains tax (investment income tax) and 5.5% solidarity surcharge on the capital gains tax and, if applicable, church tax on the capital gains tax.

The dividend was paid to shareholders by their custodian banks via Clearstream Banking AG beginning May 8, 2024.