Dividend

We pursue a long-term dividend policy that is orientated towards a pay-out ratio of approx. 30% to 35% of the adjusted Group net profit. The dividend (subject to approval by the Annual General Meeting) is paid out once a year for the completed fiscal year.

 

Year Dividend per share (EUR) Distribution rate (%) Dividend yield (%)
2016 0.95 32.0 2.3
2015 0.90 32.3 1.8
2014 0.75 33.4 1.9
2013 0.70 35.9 1.9
2012 0.65 33.5 3.1
2011 0.60 33.2 3.8