Shares

Dividend

Our dividend distribution policy is based on a attractive dividend. 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 joint proposal by the Management Board and Supervisory Board for the appropriation of profit for the 2021 financial year to the Annual General Meeting is for a dividend of €1.00 per dividend-bearing share and to carry forward the remaining difference. However, the Management Board and Supervisory Board will monitor developments in connection with the Russia-Ukraine war very closely and review the proposal before the Annual General Meeting. The amount distributed will be €7.8 million (previous year: €13.6 million) if shareholders approve this proposal for the appropriation of profit at the Annual General Meeting.


Dividend total and dividend per no-par share

Fiscal yearDividend total

Dividend per 
no-par share

2021€ 7.8 Mio. € 1.00*

2020

€ 13.6 Mio. 

€ 1.75 

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 to thre annual general meeting