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Development of Dividends

Our dividend policy is geared to both long-term value enhancement and to sustain the earnings strength of the Company.

Dividends and Payout Ratio

  2016 2015 2014 2013 2012 2011  
Total dividend amount (million €) 23.4 53.6 58.8 34.6 34.6 62.2  
Dividends per share 0.35 0.80 0.80 0.25 0.25 0.45  
EPS 0.84 1.19 9.36 0.63 0.65 1.13  
Number of shares (million) 66.962 66.962 73.482 138.232 138.232 138.232  
Dividend payout ratio 41.7 % 67.2 % 8.5 % 39.7 %* 38.5 % 39.8 %  

* The dividend payout ratio in % of 2013 solely refers to the dividend distribution of € 34.6m as of 13 June 2014.