Dividend
Continued commitment to dividend continuity
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:
The fiscal year 2022 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), 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 on May 9, 2023.
