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 30, 2010 passed the resolution to pay a dividend for fiscal 2009 of EUR 1.40 per share. This matches the dividend paid for 2008.
The total dividend payout amounts to EUR 1.158 billion, up from EUR 1.070 billion for 2008. This increase is due to the fact that the number of shares entitled to a dividend grew from 764,343,225 to 826,947,808 upon conversion of a mandatory convertible bond in June 2009. This results in a payout ratio of approximately 38 percent calculated on core earnings per share, which is within the target corridor of 30 to 40 percent. The dividend yield calculated on the share price of €55.96 at year end 2009 amounts to 2.5 percent.
Notice of Dividend | May 3, 2010 |
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Dividend Key Figures | ||
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2008 | 2009 | |
Dividend (Euro per share) | 1.40 | 1.40 |
Total payout (Euro Mill.) | 1,070 | 1,158 |
Dividend yield (%) | 3.4 | 2.5 |
Payment of Dividends since 1952 |
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