Shares

Dividend

Our dividend distribution policy is based on an earnings-oriented dividend. We do not want to drop below the dividend from the previous year. Ideally, we want to continuously increase the dividend. We avoid strictly defining a bandwidth measured on net profit. We have consciously opted for more flexibility for our segment strategy and want to give ourselves the opportunity to finance projects through profit retention.

The Management Board and Supervisory Board's joint proposal to the Annual General Meeting on 30 September 2021 for the appropriation of profit provides for a dividend of € 0.75 per share. We are thus adhering to our sustainable dividend policy after having suspended the dividend payment in the previous year due to uncertainties in connection with the COVID-19 pandemic. 


Dividend total and dividend per no-par share

 Dividend total

Dividend per 
no-par share

20201

€ 5.8 Mio. 

€ 0.75 

2019

€ 0.0 Mio. 

€ 0.00 

2018

€ 15.5 Mio. 

€ 2.00 

2017

13.2 Mio. 

€ 2.00 

2016

13.2 Mio. 

€ 2.00 

2015

6.6 Mio. 

€ 1.00 

2014

66.2 Mio. 

€ 10.00 

2013

15.8 Mio. 

€ 2.40 

 

Proposal for the distribution of the retained earnings.