
Below you find all of importance concerning dividends:
Conforming to the proposal of the Board of Management and the Supervisory Board, the Annual Stockholders’ Meeting on April 27, 2012 passed the resolution to pay a dividend for fiscal 2011 of EUR 1.65 per share.
This results in a payout ratio of approximately 34 percent calculated on core earnings per share, which is within the target corridor of 30 to 40 percent (for details on the calculation of core earnings per share, see Chapter 4.3 of the Combined Management Report in the Annual Report 2011). The dividend yield calculated on the share price of €49.40 at year end 2011 amounts to 3.3 percent and the total dividend payment to €1,364 million.
Notice of Dividend | April 30, 2012 |
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Dividend Key Figures | ||
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Fiscal year | 2011 | 2010 |
Dividend (Euro per share) | 1.65 | 1.50 |
Total payout (Euro Mill.) | 1,364 | 1,240 |
Dividend yield (%) | 3.3 | 2.7 |

Payment of Dividends since 1952 |
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