Auf Deutsch wechseln

Dividend and dividend policy

Dividend proposal for 2024/25



    • Dividend EUR 0.90 per share (proposal to the Annual General Meeting)
    • Ex-dividend date: 2 March 2026
    • Dividend payment date: 5 March 2026



Future dividend policy (as of financial year 2025/26 and beyond)



  1. Annual ordinary dividend of at least EUR 0.90 per share
  2. Planned increase to at least EUR 1.10 per share by FY 2029/30, targeting a payout ratio of approximately 40%



Dividend history



Financial year Dividend per share (EUR)1)Dividend payment date
2024/25
0.90​2)​​​​05.03.2026
2023/240.90 06.03.2025
2022/230.52 + 0.623)09.02.2024
2021/220.5210.02.2023
2020/210.5211.02.2022
2019/200.4929.01.2021
2018/190.47 + 0.034)  24.01.2020
2017/180.44 + 0.034)25.01.2019
2016/170.44 + 0.034)26.01.2018
2015/160.42027.01.2017
2014/150.42029.01.2016
2013/140.42028.01.2015
2012/130.42024.01.2014
2011/120.42025.01.2013
2010/110.41027.01.2012
2009/100.40028.01.2011
2008/090.37029.01.2010
2007/080.37027.01.2009
2006/070.37528.01.2008
2005/060.35029.01.2007
2004/050.28823.01.2006
2003/040.23828.01.2005
2002/030.18830.01.2004
2001/020.18829.01.2003
2000/010.17523.01.2002
1999/000.18323.01.2001
1998/990.18325.01.2000
1997/980.18301.02.1999
1996/970.18318.12.1997
1995/960.15317.12.1996
1994/950.15318.12.1995
1993/940.14019.12.1994
1992/930.12820.12.1993
1991/920.11514.12.1992
1990/910.11016.12.1991
1989/900.10303.12.1990


1) Dividend figures have been adapted in accordance with the stock split in the financial year 1990/91 in a ratio of 1:10, in 1999/00 in a ratio of 1:3 and in 2007/08 in a ratio of 1:4

2) Proposal to the Annual General Meeting

3) Special dividend of EUR 0.62 per share 

4) Bonus dividend of EUR 0.03 per share